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

Financing mechanism Brief description

Category

International Tropical Timber Council

ITTO occupies an unusual position in the family of intergovernmental organizations. Like all commodity organizations it is concerned with trade and industry, but like an environmental agreement it also pays considerable attention to the sustainable management of natural resources. It manages its own programme of projects and other activities, enabling it to quickly test and operationalize its policy work. Example from Panama: The proposal builds on the results of the project PD 128/91 Rev.2 (F) “Management, Conservation and Development of the Mangrove Forests in Panama”. The project aims to ensure the collective conservation and sustainable management of 4,000 ha of mangrove forests along the Panamanian Pacific Coast and to implement rehabilitation activities on 1,250 ha of degraded lands to maintain the contribution of this ecosystem to the welfare of the Panamanian society, particularly the communities that directly depend on these natural resources. Major components include mangrove management, rehabilitation and extension and reforestation with other timber species. www.itto.int and http://www.itto.int/project_ search/detail/?proid=PD156%2F02+Rev.3+%28F%29+I Mangroves for the Future (MFF) is a unique partner-led initiative to promote investment in coastal ecosystem conservation for sustainable development. Co- chaired by IUCN and UNDP, MFF provides a platform for collaboration among the many different agencies, sectors and countries that are addressing challenges to coastal ecosystem and livelihood issues. MFF is a unique partner-led initiative to promote investment in coastal ecosystem conservation for sustainable development. https://www.mangrovesforthefuture.org/ The Foundation’s charitable aims are relieving poverty in developing countries through engaging rural communities in sustainable land-use projects; promoting environmental protection and improvement through biodiversity conservation and the restoration, protection and management of terrestrial ecosystems; and building local capacity through the transfer of knowledge, skills and resources to developing countries www.planvivo.org

Other sources (cont.)

Mangroves for the Future

Plan Vivo Foundation

Private charitable funding

Source: Herr et al., 2015

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