Investing in Mangroves 2025

Page 29 of 46 · WEF_Investing_in_Mangroves_2025.pdf

Enabling high-quality corporate action3 Pioneers of mangrove-positive action have helped generate hard-earned insights. Companies should do their best to embody them. This chapter outlines principles that companies should consider when engaging in mangrove-positive action to: 3.1 Successful project-level engagement places people at the core High-quality projects involve deep engagement with Indigenous Peoples and local communities connected to the project site.99 IPs & LCs have successfully managed landscapes for many generations, and hold a repository of valuable local knowledge with the potential to support successful mangrove conservation and restoration. Indeed, mangrove-positive initiatives that leverage and support pre-existing traditional management systems tend to be more successful.100 Such knowledge is crucial to addressing underlying drivers of destruction and degradation, understanding diverse stakeholder interests within local communities and identifying conservation methods that are most effective for the local area.Mangrove-positive interventions that are equitable for IPs & LCs and meet their socio-economic and well-being needs are most effective. This is especially true for biodiversity solutions, as well-being, governance and conservation effectiveness are linked.101 It is therefore imperative for corporations investing in mangroves and communities to understand and support the specific role of IPs & LCs within such solutions for them to be successful and ensure that clear property rights are secured for IPs & LCs prior to full engagement. To secure the benefits of IP & LC leadership for project-level engagement of mangrove-positive action, a comprehensive participatory process Mangrove- positive initiatives that leverage and support pre- existing traditional management systems tend to be more successful. Increase the value, decrease the risk and ensure the long-term success of their interventions.Improve access to high-quality investment opportunities. Leverage collaboration opportunities for increased impact. 29 Investing in Mangroves: The Corporate Playbook
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