Blue Carbon Financing of Mangrove Conservation in the Abidjan Convention Region: A Feasibility Study

Table 12: Blue carbon financial value for West, Central and Southern African countries

Avoided C emissions (0.7%annual loss, 20yr, Mg)

Discounted value of avoided C emissions (million US$)

5%

8%

Mangrove area (ha)

M$3/tCO 2 e

$5/tCO 2 e

$3/tCO 2 e

$5/tCO 2 e

Country

526,814 62,695 5,642,486 48,088

15,400 1,800 148,300

3.2 0.4 35.5

5.4 0.7 59.1

2.4 0.3 26.6 0.2 0.5 1.7 3.1 25.0

4.0 0.5 44.3

Angola Benin Cameroon Congo Côte d’Ivoire D.R. Congo Eq. Guinea Gabon Gambia

1,500 3,200

0.3 0.7 2.4 4.2

0.5 1.2 4.1 7.0

0.4 0.9 2.9 5.2

116,214 415,856 670,312

18,300 18,100 145,700 51,911 7,600

5,452,036 1,835,923 268,337 7,084,009 9,819,840 735,654 942 32,642,801 N/A 4,124,332 3,502,329 4,444 72,953,113

33.7 11.4 1.7 44.6 61.3

56.2 19.0 2.8 74.3 102.2 7.7 0.0 342.2

41.6 14.1 2.1 55.6 76.2

8.4 1.2

Ghana Guinea Guinea-Bissau Liberia Mauritania Nigeria SãoTomé and Príncipe Senegal Sierra Leone

188,900 280,600 18,900 40 857,300 ND 120,000 95,500 200 1,973,251

33.4 45.7

4.6 0.0 205.3

3.5 0.0 153.8

5.8 0.0 256.3

N/A 25.6 22.0 0.0

N/A 42.7 36.6 0.0

N/A 19.0 16.4 0.0

N/A 31.7 27.4 0.0

Togo Total

Note: This analysis/table presents the financial value of avoided emissions; it does not examine whether women or men get paid for the blue carbon.

Table 13: Net benefit of blue carbon conservation of mangroves in West, Central and Southern Africa under low and high conservation cost scenarios

Net financial benefit of mangrove conservation (million US$)

5%

8%

$5/tCO 2 e

M$3/tCO 2 e

$3/tCO 2 e

$5/tCO 2 e

High (US$)

High (US$)

High (US$)

High (US$)

Low (US$)

Low (US$)

Low (US$)

Low (US$)

Country

3.4 0.0 7.5 0.3 0.4 2.2 2.6 36.0

4.6 (0.0) 7.9 0.4 0.5 3.1 3.4 48.6

1.8 (0.2) (10.2)

2.4 (0.3) (15.7) 0.2 (0.0)

3.6 0.0 10.0 0.3 0.4 2.5 2.9 38.4

4.9 0.0 11.1 0.4 0.5 3.5 3.8 51.7

2.0 (0.1) (7.7) 0.2 0.1 1.3 0.8 21.7 0.9 (0.0) 10.4 11.6 59.0 N/A 8.0 4.8 (0.0) 1.2 0.0

2.8 (0.2) (12.6)

Angola Benin Cameroon Congo Côte d’Ivoire D.R. Congo Eq. Guinea Gabon Gambia

0.2 0.0 1.0 0.5 19.3 0.1 (0.1)

0.3 0.0 1.9 1.0 29.2 0.9 (0.1) 12.4 13.5 72.6 N/A 10.2 5.7 (0.0) 1.4 0.0

1.5 0.6

26.1 (0.3) (0.3)

5.7 0.7

7.3 0.9

6.6 0.8

8.4 1.0

Ghana Guinea Guinea-Bissau Liberia Mauritania Nigeria São Tomé and Príncipe Senegal Sierra Leone Togo

29.5 37.4

38.0 48.4

7.2 6.9 0.9

8.3 7.5 1.0

32.6 42.1

42.1 54.4

3.2 0.0 147.3

4.1 0.0 191.1

3.5 0.0 161.5

4.5 0.0 209.5

(0.0) 44.7 N/A 6.0 3.2 (0.0)

(0.0) 54.2 N/A 7.7 3.7 (0.0)

N/A 18.7 14.2 (0.0)

N/A 24.7 18.3 (0.0)

N/A 20.7 15.7 (0.0)

N/A 27.3 20.3 (0.0)

Note: Discount rates of 5% and 8% and C prices of US$ 3 and 5 were used in the analysis to provide results under alternative scenarios.

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