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Supporting the Development of Blue Carbon Markets in the Caribbean
The general objective of this technical cooperation is to set the foundations for Caribbean governments and businesses to participate in global blue carbon markets. The objectives of this technical cooperation are to: (i) conduct detailed assessment of carbon stocks in blue carbon ecosystems (mangrove forests and seagrass beds) in selected Caribbean countries; and (ii) develop a regional policy/legislative framework to prepare countries to harness blue carbon markets and natural assets financing.

Project Detail

Country

Regional

Project Number

RG-T4486

Approval Date

-

Project Status

Preparation

Project Type

Technical Cooperation

Sector

ENVIRONMENT AND NATURAL DISASTERS

Subsector

CLIMATE CHANGE FINANCING

Lending Instrument

-

Lending Instrument Code

-

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 600,000.00

Country Counterpart Financing

-

Original Amount Approved

USD 600,000.00

Financial Information
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