Our expertise also extends to a much broader array of management interventions and market mechanisms. In recent years, TNC’s partnership with companies and insurance industry leaders has advanced our understanding of when, where and how coastal ecosystems can reduce climate risk, and under which conditions they are the most cost-efficient option.
But the best case for blue carbon can be seen in the projects on the ground. TNC is working to conserve and restore coastal wetlands in the United States, Mexico, Papua New Guinea, Indonesia, and beyond. For example, in Indonesia, which has the largest distribution of mangroves in the world, we are working to expand the forest carbon market to include mangroves, while also utilizing mangroves to enhance sustainable livelihoods through fishery production. We are also helping build local capacity to identify and implement viable management options for increasing mangrove resilience and carbon accounting in Micronesia.
For coastal communities and islands facing devastating storms and encroaching seas, the cost of inaction is high and the timeline for reducing risk short. For these lands, the point of no return could be as early as 2030. But collaborating on innovative ways to conserve blue carbon ecosystems presents an unprecedented global opportunity: to simultaneously build more resilient communities, economies and coastlines in a climate changing world.