Generating income from mangroves through climate change mitigation презентация

Overview Possible climate change mitigation activities Carbon financing Income for Coastal Communities for Mangrove Protection and Conservation

Слайд 1Generating income from mangroves through climate change mitigation
Dr. David J. Ganz
Chief

of Party
USAID’s LEAF Program, Bangkok
dganz@leafasia.org

Слайд 2Overview
Possible climate change mitigation activities
Carbon financing
Income for Coastal Communities for Mangrove

Protection and Conservation

Слайд 3Introduction
Increasing interest in marketing carbon from forests
Markets for other environmental services

are emerging but slow to develop (ex. PFES)
Mangroves contain large amounts of carbon and have high sequestration rates in comparison with other forest types and land uses.
A high proportion of carbon is contained in the soil and released with mangrove conversions.

Слайд 4Possible mitigation activities
REDD+ (reducing emissions from deforestation and degradation, conserving and

enhancing carbon stocks and SFM)

Afforestation and reforestation

Increased use of harvested wood products for increased carbon stocks and fossil fuel substitution


Слайд 5Carbon financing
Voluntary Carbon
Markets
Corporate support
REDD+


Слайд 6Compliance mechanism
Clean Development Mechanism (CDM) only allows afforestation and reforestation, not

REDD+

CDM does not include soil carbon for small projects (<16 000 tonnes CO2eyr-1 or ~500ha)

Changes to hydrology not allowed for small projects

Kyoto regime extended for 8 years to 2020

Validation and registration costs are very high (~$160,000 + $14,000 every 5 years for verification)


Слайд 7Voluntary carbon markets
The Voluntary Carbon Standard (VCS) is the best recognised

of the voluntary standards

Includes REDD+ and agriculture

Carbon credits verified under the VCS fetch higher prices than ETS systems that allow forest carbon.

Soil carbon can be included in small projects.

Peat rewetting methodology is now available so project should be able to take advantages of hydrological cycle changes (ex. Deserted fish ponds).


Слайд 8Key considerations
Value of carbon credits may not exceed $200/ha/yr even under

the best conditions (>1000+ha to break even);

Value probably significantly less as up to 60% of credits may need to be kept in a ‘buffer’ depending on risk (10% of buffer is released every 5 years if risk proves to be low);

Costs of setting up institutional mechanism and distributing benefits also need to be considered; and

Policy and legislative support and carbon credit ownership needs to be clarified with relevant agencies.


Слайд 9Key considerations
Cap and trade markets do not admit forest carbon credits

and motivation for detailed quantification and accreditation remains low

REDD projects in threatened degraded mangrove areas with deep soils should generate most carbon credits

Projects on abandoned fish ponds may also make sense

Methodologies still need to be refined and carbon sequestration and storage is highly variable between and within mangrove areas and not well understood


Слайд 10Key considerations
Demand for CC mitigation and conservation remains and forest carbon

initiatives have often been aimed at conservation and socio-economic development anyway

Investments associated with establishing community forestry in Cambodia average $54,900 per site


Слайд 11Corporate Support
Selling bundled services, a ‘sustainable development product,’ may represent a

better opportunity

Direct CSR helping local communities

Popular in SE Asian context.


Слайд 12Mangroves for the Future (MFF)
Food and Agriculture Organization (FAO)
USAID’s Lowering Emissions

in Asia’s Forests (USAID LEAF)

Income for Coastal Communities for Mangrove Protection

Thailand
Vietnam
Pakistan


Слайд 13Rationale
Mangroves contain large amounts of carbon
Coastal communities need support for alternative

livelihood development
Carbon prices are low and may not increase much in the medium-term
Cap and trade markets do not admit forest carbon credits and motivation remains low

Слайд 14Project Objective
To develop a low cost mechanism enabling corporate investors to

responsibly promote mangrove conservation, carbon emissions reduction and sustainable development through the provision of funding to local communities for livelihood diversification, resource enhancement and coastal protection.

Слайд 15Project Rationale
Mangroves contain large amounts of carbon
Coastal communities need support for

alternative livelihood development
Carbon prices are low and may not increase much in the medium-term
Costs of entry into carbon markets is prohibitive for small scale forestry projects
Demand for CC mitigation and conservation remains
Direct market mechanisms are needed.

Слайд 16Project Approach
Work in conjunction with existing project/s to develop mechanism for

wider replication.
Seek broad institutional support to increase robustness and build confidence.

Слайд 17Output 1 – Improved understanding of conditions for establishing mangrove carbon

and livelihoods projects

Activity 1.1 Inception WS/ Expert meeting
Activity 1.2 Assessment of funding availability
Activity 1.3 ‘Develop model that assesses the role of mangroves in carbon storage and sequestration’ – bypass measurement expenses.


Слайд 18Output 2 – Target communities identified, engaged and supported
Output 3 –

A mechanism to incentivise mangrove conservation and benefit adjacent communities

Output 4 – Costs quantified and financing options developed

Output 4 – Implementation partners for regional replication


Слайд 19Thank you!


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