Preserving intact ecosystems is financially more effective than restoring degraded ones. We therefore propose a moratorium on further conversion of mangroves. By doing so, there is the potential to generate $3 billion (USD) in abatement costs annually.
A science-backed plan, including mapping, for restoring priority degraded blue carbon ecosystems will build climate change resilience and improve livelihoods.
Activating the existing regulatory framework and its governance at provincial level is essential to meet national low carbon development goals and align with global agenda.
Opportunities for funding restoration include public and private partnerships, and new innovative finance solutions. Income from the blue economy (fishing, shipping and eco-tourism) in productive zones could also contribute to restoration.