Inter Press Service –
In November 2018, GGGI have been exploring potential investments in agriculture, forestry and fishery value chains that not only increase economic and social development, but also reduce deforestation pressures and increase the extent of mangrove forests. GGGI investment, forestry policy and bio-economy specialists have been consulting with communities, NGOs and government in the Ayeyarwady Delta to understand the factors that are critical to achieve fully inclusive, sustainable success, and support national goals of climate change mitigation and adaptation in coastal areas.
The conservation of mangrove forests is a notable policy priority for Myanmar. Mangroves are widely acknowledged to offer life-saving protection to coastal communities against the impact of extreme weather events, storm surges and tropical cyclones. In addition their contribution to climate change adaptation, mangrove forests store up to 400% more carbon than other forest types (particularly in their soils) which makes their conservation important to maintaining the stability of global climate. Unfortunately, Myanmar’s mangrove forests are disappearing at the highest rates of any country in Asia, and therefore have a disproportionate impact on greenhouse gas emissions that contribute to global warming.
The potential economic, social and environmental benefits of finding a solution to ensuring the sustainability of forest management are very timely for the Delta.