Publication: Mozambique: Strengthening NDC Ambitions through Blue Carbon Frontiers
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2024-10-23
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2024-10-23
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Blue carbon ecosystems (BCEs), notably mangrove forests, seagrass meadows, and salt marshes, are a vital resource for countries that are confronting climate impacts, such as Mozambique. These natural treasures mitigate climate change and enhance resilience, often surpassing terrestrial forests in carbon sequestration. They also provide valuable adaptation benefits, including protection against storms, floods, sea-level rise, and erosion. The Global Stock take (GST), concluded at COP28 in 2023 within the framework of the Paris Agreement, underscored the importance of national efforts to safeguard all the planet’s ecosystems, including those in oceans and coastal areas. A key tool to help governments meet this challenge is Nationally Determined Contributions (NDCs). These five-year national climate action plans are tailored to the needs of harnessing a country’s BCEs to enhance climate mitigation and adaptation strategies. Mozambique's current NDC (2021) therefore highlights the need for international support in finance, technology transfer, training, and capacity building to achieve its climate goals. The World Bank's Country Climate and Development Report notes that the total investment needed for the period 2020-2025 is estimated at US$7.586 billion, a figure equivalent to more than 50 percent of the country's projected GDP for 2026. Mozambique’s next NDC, to be submitted in early 2025, will therefore need to set most, if not all, targets as strictly conditional, that is, contingent upon receiving the necessary international support. The country will need to put a fresh focus on mobilizing finance and other support.
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“World Bank. 2024. Mozambique: Strengthening NDC Ambitions through Blue Carbon Frontiers. © World Bank. http://hdl.handle.net/10986/42281 License: CC BY-NC 3.0 IGO.”
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