Coastal “blue” carbon : a revised guide to supporting coastal wetland programs and projects using climate finance and other financial mechanisms

Abstract

This report updates the previous publication “Keep it Fresh or Salty. An introductory guide to financing wetland carbon projects and programs” (2014). Using revised guidance for program and project developers (governments, NGOs, local communities) and working in developing countries on the numerous funds and finance mechanisms that can provide carbon finance for wetland carbon conservation and restoration, extended focus is put in this version on other finance avenues which can link and complement carbon activities with noncarbon based sources of financing such as debt-for-nature swaps. While this report widens the portfolio of financing streams compared to what has been covered in the 2014 edition, it does not recommend one mechanism over any other, and users of this guide are encouraged to think holistically about the range of benefits provided by coastal wetlands conservation for climate mitigation and adaptation in order to optimize the range of financial mechanisms available. The report includes several case studies, including «Blue Carbon NAMA, Dominican Republic».