COP28 made significant progress towards securing the Mangrove Breakthrough’s goal of 15 million hectares of mangroves underpinned by USD 4 billion of new investments by 2030.

Global mangrove protection and restoration has secured significant support from over 40 new governments via the Mangrove Breakthrough leading to and at the UNFCCC Climate Conference (COP28) in Dubai. (1) Ministers, indigenous peoples and local community organisations, financial institutions, philanthropies, NGOs, and other stakeholders presented progress and ambitious commitments on policy, finance, and technology to deliver the Breakthrough. They also agreed on options to collectively measure implementation and ensure responsiveness to gaps and opportunities in the spirit of the Global Stocktake.

COP28’s Nature, Land Use and Ocean Day saw countries and non-state actors make commitments on mangrove conservation and restoration of 15 million hectares of mangroves by 2030 with a goal of reaching USD 4 billion of sustainable finance. The event saw a formal partnership announced between the Mangrove Alliance for Climate and the Mangrove Breakthrough. This will mean 49 governments (representing around 60% of the world’s mangroves) as well as over 50 non-state actors are supporting the Mangrove Breakthrough targets to halt mangrove destruction by 2030.(2)… Read More