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.