Climate change: US-based nature group seeks to restore Asia-Pacific mangroves, grassland to make a return for investors
- The Nature Conservancy is studying environmental initiatives in Asia-Pacific, with the aim of turning them into projects investors can get behind
- They include a a mangroves restoration initiative in Australia and a collaboration in China to foster nature-based carbon storage projects
“There are over 20 shortlisted nature-based projects [globally] to be supported by philanthropic money raised by TNC, in which certain successful ones we expect investors will be able to participate [for returns],” he said in an interview.
In Mongolia, TNC is exploring a project with shepherds to reduce herd sizes to sustainable levels, partner with local government to limit the movement of new herders, and sell carbon credits to supplement the reduced income resulting from sustainable grazing.
In Australia, the group is doing a feasibility study into converting 1,500 hectares of privately-owned agricultural and pastural land on coastal flood plains that had been drained back to their original state as mangroves.
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In China, it is collaborating with a national think tank linked to the Ministry of Ecology and Environment on policies to incentivise nature-based climate mitigation projects that can generate credits tradeable in the country’s carbon market.
