Overview
This blue carbon project is estimated to sequester 506,100 tCO2eq over the project's lifetime. Located within the vast Segara Anakan lagoon along Java Island's southern coast, the project area is threatened by unsustainable aquaculture practices and a lack of incentives to restore the mangrove ecosystem. The revitalization of the mangrove ecosystem is critical and closely linked to the communities' well-being, as they rely heavily on silvofishery for their livelihoods, which can only thrive in a healthy mangrove ecosystem.
Country
Indonesia
Location
Central Java
Project Area
1,242 Ha
Certification
Eligible Methodologies
Verra VM0033 RWE, SRN Aforestasi dan Reforestasi Mangrove (Under Development)
Current Phase
PD registered
SDG Targeted
Type of Financing
Project Equity, Advance Credit
Financing Required
$2,945,468
Est. VCU Produced / year
9,023 - 14,178 tCO2e/year
Target Projected Duration
40 years
Target Issuance Year
2025