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Report

Opportunities for Blue Carbon Finance in Coastal Areas

Blue carbon markets: funding challenges & opportunities.

The report highlights the importance of blue carbon ecosystems as significant carbon sinks and emphasizes the need to mobilize financial resources to support their conservation and restoration. It discusses various opportunities for financing blue carbon projects, including carbon markets, international funds, and private sector investments.

The document identifies several challenges and barriers to blue carbon finance, such as inadequate policy frameworks, limited technical capacity, and lack of awareness among stakeholders. It emphasizes the importance of addressing these barriers through capacity building, policy reforms, and stakeholder engagement.

Furthermore, the report showcases successful case studies and best practices from around the world, demonstrating the potential for blue carbon finance to deliver multiple benefits, including climate change mitigation, biodiversity conservation, and sustainable livelihoods for coastal communities.

In conclusion, "Deep Blue" presents a comprehensive overview of the opportunities and challenges associated with blue carbon finance in coastal ecosystems. It serves as a valuable resource for policymakers, practitioners, and investors interested in unlocking the potential of blue carbon to achieve climate and sustainable development goals.

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Apr 14, 2023
Source IFC (International Finance Corporation)

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