Mangrove restoration project in Pakistan sells carbon credits while local benefits remain limited
A 350,000-hectare mangrove restoration project on Pakistan's Indus delta coast is generating carbon credits for distant buyers as the industry grows.
Carbon credits drive global market
Restoring these forests allows companies to purchase credits that represent stored carbon. This activity has created a thriving billion-dollar industry focused on selling environmental value to wealthy buyers thousands of miles away.
Local communities face economic gap
The existing forest protects 60 villages from storms and provides essential resources like wood and honey. However, the market currently only monetizes the carbon storage value rather than the local protection and habitat services.
Upcoming climate summit focus
This disparity between global sales and local needs will be discussed at COP31 in Antalya this November. Governments previously called for adaptation finance to triple by 2035 to help these communities cope with climate change.
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