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CARBON POOLS AND MULTIPLE BENEFITS OF MANGROVES

ASSESSMENT FOR REDD+ IN CENTRAL AFRICA

41

highest carbon values possible. This report

thus presents a strong case for policy-makers

in Central Africa to include mangroves in

national and regional REDD+ readiness plans

and strategies.

Unfortunately, these valuable ecosystems were

cleared at a rate of 17.7% for the region over

10 years (1.77% per year) from 2000 to 2010,

although there seems to be significant grow

back and the net loss rate was only 1.58% over

the same period (0.16% per year). The rate of

clearing in protected areas was an average

of 12.2% over the same 10 year period with

net loss of 1.3% over 10 years. This implies

that there might be a lack of enforcement

in the mangrove protected areas, and the

enforcement capacity in the protected areas

should be reinforced. However, it should be

verified when the protected areas were put in

place and the trajectory of mangrove cover,

since the protected areas were declared, before

assessing their effectiveness.

As well as carbon benefits, mangroves also

provide multiple benefits to communities

living in their vicinity. The multiple benefits

of mangroves can exceed the value of carbon,

and this study has shown that mangroves

could provide values up to the equivalent of

USD 11,286 per ha in seawall replacement,

USD 7,142 per ha in benefits for protection of

rural infrastructure against shoreline erosion

(151,948 USD per ha for urban mangroves),

USD 545 (49.53 tons of wood) per ha per year

per household in wood consumption and USD

12,825 per ha per year in fisheries benefits.

The benefits of tourism are still very small,

with opportunities for growth. Furthermore,

the carbon values have not been capitalized

upon yet, as no carbon finance mechanism

(either through funds or carbon markets)

exist for mangroves in the region despite

the high potential. At the time of writing,

the prices of carbon credits are at an all-time

low and carbon market projects are often

not financially viable given the high upfront

costs, the high transaction costs and the

low market price of carbon. This may evolve

in the coming years with negotiations on a

global climate agreement. Carbon finance

can also nonetheless be available through a

combination of non-market and market based

approaches, for instance, through national

REDD+ funding arrangements.

At the time of writing, the prices of carbon

credits are at an all-time lowand carbonmarket

projects are often not financially viable given

the high upfront costs, the high transaction

costs and the low market price of carbon. New

methodologies for the Clean Development

Mechanism and for voluntary market

standards have recently been developed

so an increase in mangrove carbon market

projects is possible in the future, however

currently the incentives for this are low and

only afforestation/reforestation projects are

permissible (meaning that avoided emissions

from conservation of pristine mangroves are

not currently taken into account). Also, the

implementation and transaction costs of small

scale projects will always strongly challenge

economic effectiveness and success, and

possibly prevent any scaling up. New

methodologies for carbon accounting are

© Günther Klaus