4.2 Corporate leadership is required to bring the benefits of mangroves to life A myriad of actors is needed to scale-up mangrove conservation and restoration globally, but a myriad of benefits to people, nature and climate will be realized if that scale-up is achieved. Corporations have particular roles that are needed to enable that scale-up, as defined in this Playbook. Companies can leverage their relevant capacities to fulfil these roles, even if they are among the first of their peers to do so in this time of urgency. The highest-value solutions driven by corporations will link with their superpowers, operate via multi- stakeholder collaborations, and combine goals to support people, nature and climate. In doing so, the private sector will support global goals with strategic benefit both to the values of corporations and to the global community.4.1 Embedding key elements in mangrove-positive action leads to higher value and lower risk Corporations should be mindful of the following high-priority elements when engaging in mangrove- positive projects, to ensure maximum intervention value and minimum risk. Companies should seek advice from credible expert organizations, such as members of the Global Mangrove Alliance, to ensure that the technical details of these principles are appropriate and fully considered. –Maximize the impact of mangrove-positive projects by considering their application across society, biodiversity and climate. –Address concerns about integrity and reputational risk by deeply engaging with the latest global blue carbon principles and standards, and seeking capacity and partnerships that can help companies go above and beyond such standards. –Maximize intervention value and help ensure long-term project delivery by practising high-quality engagement with Indigenous Peoples and local communities, especially by prioritizing local values in project objectives. –Support projects to be as economically viable as possible, by communicating investment criteria to projects at different stages of maturity, so that project proponents are properly guided and incentivized to fulfil those criteria. –Practise high-quality community benefit- sharing to reinforce critical social-ecological- economic drivers of project success. –When relevant, ensure carbon pricing enables sufficient coverage of all fundamental society, biodiversity and climate-related elements within a project. –Recognize and invest in the value of the jurisdictional approach to maximize project impacts for people, nature and climate, as well as to improve project risk management and reduce costs. Companies should seek advice from credible expert organizations to ensure that the technical details of these principles are appropriate and fully considered. Investing in Mangroves: The Corporate Playbook 36

Investing in Mangroves 2025