Unlocking Blue Carbon Development: Investment Readiness Framework for Governments

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About Unlocking Blue Carbon Development

Governments across the world, at every income level, can support their people to benefit from protecting and investing in blue carbon ecosystems through restoration, conservation, and avoided degradation. This report offers a framework and recommendations to guide countries through this process:

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Develop greenhouse gas inventories and promote the consideration of blue natural capital in decision making. 

Strengthen the enabling environment to maximize local benefits of blue carbon and leverage partnerships to manage risks and influence the global agenda.

Adopt a holistic approach to mobilizing finance, access international grant funding for blue carbon readiness, promote public-private partnerships (PPPs) for blue carbon market development, and identify value chains to reduce ecosystem degradation. 

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Main Messages

Conserving and restoring our marine and coastal ecosystems will help fight climate change, create meaningful jobs, and improve people’s quality of life (Bertram et al. 2021):

• On average, restoring one hectare of mangroves stores five times more carbon than restoring a similar area of terrestrial forest.

Stopping seagrass destruction and degradation worldwide could save up to 650 million tons of CO2 emissions annually, roughly equivalent to the entire annual emissions of the global shipping industry.

 

Blue carbon ecosystems store carbon, provide natural habitats for biodiversity to flourish, support fisheries and food security, promote tourism and jobs, and help protect coastal communities from climate disasters, among other benefits. Blue carbon ecosystems demostrate how development, climate, and nature work together to feed, protect, empower, and uplift communities. 

 

Despite these staggering benefits, blue carbon has been eroded.

• Over 50 percent of the world’s original salt marshes were lost during the twentieth century.

• As much as 35 percent of mangroves were lost due to deforestation in the 1980s and 1990s.

• An estimated 25 percent of total global seagrass beds have been lost.

 

The World Bank's first-of-its-kind blue carbon readiness framework empowers governments to tap into their full blue carbon potential to benefit people and the planet. This tool helps governments invest in blue carbon to deliver real and scalable impact for their communities and economies and help meet their commitments under the Paris Agreement.

Data

Country Assessments