In a changing climate, over 7 million people and $1 billion in GDP are at risk due to the loss of mangroves, according to a new World Bank working paper.
Despite their diminutive appearance, scientists discovered that mangroves provide value by storing huge amounts of carbon.
Forests and trees, celebrated on March 21, the International Day of Forests, are a cornerstone of addressing climate change and provide significant economic, social and health benefits.
As a result of the agreement reached at COP21, financial infrastructures to address climate change are being created, and encourage trillions of dollars of investment for adaptation to climate change. In the Caribbean, projects are focusing on stabilizing shorelines, reducing flooding, improving public access and protecting the resilience of coastal and marine ecosystems and the valuable services they provide.
A blog by WAVES Senior Environmental Economist Juan Pablo Castaneda on NCA efforts and the importance of working with partners in Latin America where immense natural resources are being depleted.