Mangrove and other blue carbon ecosystems provide extensive climate mitigation and adaptation benefits, as well as a range of other services that underpin coastal livelihoods. Yet these precious ecosystems are being lost rapidly, with devastating consequences for the climate and coastal communities.
Carbon projects have the potential to raise funds to deliver mangrove conservation and restoration through climate finance linked to verified, quantifiable emission reductions. But in coastal contexts, they face a range of technical, financial and policy barriers. These need urgently addressing if blue carbon projects are to fulfil their potential in averting the climate crisis.
Blue Ventures started working on mangroves and blue carbon in 2011 in Madagascar, supporting local communities to develop incentive-based approaches to mangrove conservation and restoration. As well as overcoming various technical and financial challenges, this experience has also helped identify a range of policy barriers.
Four key policy barriers are explored along with key recommendations for the extensive policy reforms required to address these barriers.
Mangroves deliver a multitude of critical services and benefits to people − including some of the poorest and most vulnerable on Earth, who stand on the front lines of climate breakdown. Mangroves are central to the adaptation and resilience of hundreds of millions of coastal people across the tropics. The Special Report on the Ocean and Cryosphere in a Changing Climate (SROCC) of the Intergovernmental Panel on Climate Change (IPCC) underscores the importance of coastal ecosystems, including mangroves. They are the ultimate nature-based solution.
Blue Ventures hopes this report will provide useful examples and practical suggestions for strengthening policy for blue carbon. Doing so represents one of the most effective ways for countries to fulfil their Paris commitments, attract significant investment for climate change mitigation and adaptation, and deliver positive outcomes for people and nature alike.
Download the full report: Identifying mangrove blue carbon barriers – key considerations for policy makers
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