Mozambique
Blue Carbon ecosystems, as powerful carbon sinks, can play a vital role in this change by supporting economies, jobs, and livelihoods. For these reasons, the World Bank Group prepared the flagship report Coastal Blue Carbon Opportunities for Blue Economy Development, which aims to support government readiness to scale up public and private sector investments in Blue Carbon. This report, Mozambique: Blue Carbon Readiness Assessment, applies the global Blue Carbon readiness framework to the Mozambique context. Mozambique has high potential for Blue Carbon development. Multiple factors underlie this positive prospect: the country’s wealth in blue natural capital, its considerable progress to date toward a Blue Economy, and the substantial groundwork already laid for scaling investment. Bottlenecks that exist can be overcome. The Blue Carbon Readiness Framework provides a harmonized pathway for Mozambique to tap its Blue Carbon potential by jointly addressing technical, institutional, regulatory, and financial challenges.
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Format: | Report biblioteca |
Language: | English en_US |
Published: |
Washington, DC: World Bank
2024-10-22
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Subjects: | CARBON CAPTURE AND STORAGE, CLIMATE CHANGE MITIGATION, CLIMATE ACTION, SDG 13, |
Online Access: | http://documents.worldbank.org/curated/en/099092624201529801/P50097511e161b09418e251bcaa8ece67d0 https://hdl.handle.net/10986/42280 |
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Summary: | Blue Carbon ecosystems, as powerful
carbon sinks, can play a vital role in this change by
supporting economies, jobs, and livelihoods. For these
reasons, the World Bank Group prepared the flagship report
Coastal Blue Carbon Opportunities for Blue Economy
Development, which aims to support government readiness to
scale up public and private sector investments in Blue
Carbon. This report, Mozambique: Blue Carbon Readiness
Assessment, applies the global Blue Carbon readiness
framework to the Mozambique context. Mozambique has high
potential for Blue Carbon development. Multiple factors
underlie this positive prospect: the country’s wealth in
blue natural capital, its considerable progress to date
toward a Blue Economy, and the substantial groundwork
already laid for scaling investment. Bottlenecks that exist
can be overcome. The Blue Carbon Readiness Framework
provides a harmonized pathway for Mozambique to tap its Blue
Carbon potential by jointly addressing technical,
institutional, regulatory, and financial challenges. |
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