IDB Operations
Valuing, Protecting, and Enhancing Coastal Natural Capital
Panama
Project objective
The objective of this project is to elevate the importance of Panama's coastal natural capital (mangrove ecosystems and related wetlands), the carbon they sequester, and the biodiversity they support by shifting perceptions of their value and importance through a multi-pronged approach: 1) Delivering robust science that establishes a blue carbon baseline; 2) Establishing economic valuation of the ecosystem services provided by mangroves and related wetlands; 3) Building knowledge, awareness, and engagement with key stakeholders to drive action that increases protection of these ecosystems; and 4) Supporting and strengthening policies that will promote mangrove conservation and reforestation.