Key Messages
- Mangrove ecosystems are valuable economically and ecologically, providing a vast array of ecosystem goods and services to sustain livelihoods of coastal populations, maintain the very resources of the fishery industry and protect cities and infrastructure from ocean swell and extreme weather events.
- Mangroves also regulate coastal nutrient exchange, and are highly productive and efficient carbon sinks, comprising what is referred to as “blue carbon,” which has very significant value for climate mitigation.
- Mangroves are threatened by deforestation, degradation and unsustainable use driven by lack of understanding and awareness to properly internalize mangrove’s ecosystem service in their decision making.
- Considering the multiple values of mangroves, businesses’ participation in their restoration has high value for ESG proposition beyond CSR. The future carbon market regulation provides opportunities for first movers to gain benefits from the high-quality blue carbon credit from the restoration.
- KADIN and Filantropi Indonesia encourages their members to participate in the development of strategy and on the implementation of restoration activities, as well as the development of the carbon economy to incentivize and attract private sector’s and philanthropies’ participation to build up case studies and lessons learned for effective and sustainable mangrove restoration program.