This project examined carbon mitigation and the valuation of co-benefits in mangrove restoration projects in Vietnam and Bangladesh. The team provided insights for the management of carbon investments in mangrove restoration projects and identified future research needs.
Three main questions were addressed:
- How successful are mangrove restoration projects and programs in Vietnam and what are the main reasons for their success or failure (Hai et al. 2020)?
- To achieve sustainable management of mangroves in the long-term, how can environmental, economic and social objectives be balanced for residents who participate in the protection of restored mangroves (Hai et al. 2022)?
- Whether payment for mangrove carbon service schemes can be implemented as an incentive for local communities for mangrove protection (Hai et al. in review)?
In addition, global mangrove restoration projects and their carbon mitigation potential were examined, with particular emphasis on the veracity of the claims of rates of carbon sequestration. A desk-top review was undertaken of Bangladeshi mangrove restoration projects.
Some of the planned outreach and communication components of the project undertaken including a workshop in Ca Mau province with different stakeholders including buyers and sellers of mangrove blue carbon services, an international workshop at Vietnam Forest University and an online briefing to 35 finance professionals interested in carbon mitigation investment.