Developing National Mangrove Protection and Restoration Strategies

Approved

The TA supports development of strategies for sustainable mangrove management through co-benefits enhancement and natural capital value capture mechanism in the PRC's southern coastal provinces. The TA will do so by assessing the national mangroves restoration efforts; analyzing key ecosystem services such as coastal protection, carbon sequestration, livelihoods opportunities, and biodiversity conservation and identifying strategies to enhance co-benefits and capture financial returns for local communities and input providers especially from the private sector such as tourism operators; and improving technical know-how, financing, governance, and policy dimensions for enhanced institutional capacity. The TA aligns with the goals of the Special Action Plan for Mangrove Protection and Restoration (2020 - 2025) and follows A Guideline on Setting up and Improving the Mechanism to Realize the Value of Ecological Products. The TA is also aligned with the Asian Development Bank's (ADB) country partnership strategy: People's Republic of China, 2021 - 2025: Toward High-Quality, Green Development, and ADB's Regional Flyway Initiative.