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APEC Project Database

Project Title

Capacity Building on Integrating Coastal Blue Carbon Ecosystems into Climate Policies in the APEC Region

Project Year

2024

Project Number

OFWG_206_2024A

Project Session

Session 2

Project Type

Standard

Project Status

Completed Project

Project No.

OFWG_206_2024A

Project Title

*
Capacity Building on Integrating Coastal Blue Carbon Ecosystems into Climate Policies in the APEC Region

Project Status

Completed Project

Fund Account

*
APEC Support Fund

Sub-fund

ASF: Structural Reform for Sustainable Green Growth (SRSGG)

Project Year

2024

Project Session

*
Session 2

APEC Funding

60,000

Co-funding Amount

103,619

Total Project Value

163,619

Sponsoring Forum

*
Oceans and Fisheries Working Group (OFWG)

Topics

Green Economy; Marine Conservation; Structural Reform; Sustainable Oceans and Marine Debris

Committee

SOM Steering Committee on Economic and Technical Cooperation (SCE)

Other Fora Involved

Other Non-APEC Stakeholders Involved

 

Proposing Economy(ies)

Chinese Taipei

Co-Sponsoring Economies

Indonesia; Japan; Peru; Thailand

Expected Start Date

01/03/2025

Expected Completion Date

30/06/2026

Project Proponent Name 1

Ya-Chieh Hsieh

Job Title 1

Director, Department of International Development

Organization 1

Ocean Affairs Council

Telephone 1

88673380970

Email 1

Project Proponent Name 2

Jung Chun-Hao

Job Title 2

Section Chief, Department of International Development

Organization 2

Ocean Affairs Council

Telephone 2

886733809 70

Email 2

chunhao@oac.g ov.tw

Declaration

Ya-Chieh Hsieh

Project Summary

Coastal blue carbon ecosystems, recognized as a greenhouse gas inventory, are exceptionally effective at adapting and mitigating the impacts of climate change because of their high CO2 capture and storage capacity. Given the implementation of structural reform to promote sustainable growth through the Putrajaya Vision 2040 climate-related objectives, the project will build capacity for integrating coastal blue carbon ecosystems into climate policies and strategies (such as economy-wide determined contributions or adaptation action plans) and share knowledge on blue carbon pricing mechanisms to foster a sustainable green economy in the APEC region. A 2-day workshop with on-site visits will be organized to facilitate discussion among different public and private sectors, and policy recommendations will be proposed.

Relevance

Region

Blue carbon was first introduced in 2009 by the United Nations Environment Programme (UNEP) and was recognized as part of greenhouse gas emission inventories in 2013 by the Intergovernmental Panel on Climate Change (IPCC). Mangroves, salt marshes, and seagrass beds are well-known coastal blue carbon ecosystems with significant mitigation potential for CO2 capture and storage. Despite covering just 2% of the ocean’s area, these coastal ecosystems contribute to about 50% of the carbon sequestered in ocean sediments.

Research conducted by the Center for International Forestry Research in 2019 across 13 Asia-Pacific economies (including both APEC and non-APEC member economies) found that only three economies have explicitly referenced blue carbon in their policies and established agencies dedicated to developing blue carbon strategies.

The challenges in incorporating and implementing blue carbon into the economy-level reduction targets include insufficient data and standardized methods, limited technical capacity, poor coordination among government agencies and sectors, overlapping mandates and inconsistent policies, and funding constraints for developing and executing conservation policies and practices for blue carbon ecosystems. According to UNESCO-IOC’s “State of the Ocean Report 2024”, indicating that up to date, only a few have included coastal blue carbon ecosystems in both economy-wide determined contributions and greenhouse gas inventory.

This project aims to bring attention to emerging nature-based solutions to address pressing environmental challenges through structural reform to build a green economy.

Eligibility and Fund Priorities
Coastal blue carbon ecosystems function as one of the nature-based solutions to climate adaptation and mitigation. The project meets the eligibility criteria and the funding priority of the SRSGG Sub-Fund to build the capacity to develop and implement structural reforms that support sustainable economic growth and respond to climate change, as reflected in the Aotearoa Plan of Action and the four pillars of the Enhanced APEC Agenda on Structural Reform (EAASR) aiming to achieve low/zero carbon emission by 2050.

Capacity Building

The capacity-building enables those responsible for developing structural reform policies across government agencies with informed decision-making ability.

Preliminary research will be conducted to examine the current status and trends of climate policies and strategies on coastal blue carbon ecosystems and blue carbon pricing mechanisms in APEC-wide to gain a comprehensive understanding. Then, the capacity-building workshop will be organized to present the findings, facilitate discussion on opportunities and challenges facing member economies, and develop project recommendations.

It is expected that (1) policymakers and officials from APEC member economies will share best practices, strengthen institutional structures, and exchange experiences to improve ocean-climate/climate-finance relevant policies, regulations, or processes by the whole-of-government approach; (2) as this workshop also serves as a collaboration platform, multi-stakeholders from businesses, industries, academia, and international non-governmental organizations will foster the exchange of practical experiences and expertise from different perspectives to further contribute to collective efforts in concrete climate actions and partnerships; (3) developing economies will gain access to new knowledge and take forward APEC’s inclusive growth agenda in their economies to support the work of preserving coastal blue carbon ecosystems and untap economic potential of healthy marine ecosystems, which will co-benefit the livelihoods of coastal communities, fisheries and tourism sectors.

Objectives

Our objectives are to:
(1) build capacity to develop coastal blue carbon ecosystems into economy-wide climate adaptation and mitigation policies and strategies, such as economy-wide determined contributions or adaptation action plans;

(2) share knowledge of blue carbon pricing mechanisms to foster a sustainable green economy; and

(3) strengthen multi-stakeholder engagement among APEC member economies, to contribute to the Putrajaya Vision 2040, Aotearoa Plan of Action, and Bangkok Goals on Bio-Circular-Green Economy to comprehensively address environmental challenges.

Alignment

APEC
This project serves to transition APEC’s overarching goals to concrete actions: (1) reflecting on the 2021 to 2023 Leaders’ Declarations calling for more intensive efforts in comprehensively addressing environmental challenges posed by the impacts of climate change and transition to a climate-resilient global economy; (2) ensuring the realization of Strong, Balanced, Secure, Sustainable and Inclusive Growth under the third driver of the Putrajaya Vision 2040 by developing capacity building programs and exchanging best practices policies on climate adaptation, including potential blue carbon pricing mechanisms; (3) supporting the 2021 Ministerial Statement on Structure Reform and Enhanced APEC Agenda for Structural Reform (EAASR) for inclusive growth.

Forum
This project highly aligns with the 2024 OFWG Work Plan in the following aspects: (1) contributing to the implementation of the Putrajaya Vision 2040, Aotearoa Plan of Action, and Bangkok Goals on Bio-Circular-Green Economy to address environmental challenges; (2) promoting climate-ocean nexus solutions; (3) improving understanding of the oceans, marine ecosystems, and their economic and social value and promote the blue economy to enhance climate resilience; (4) implementing 2024 APEC priority on sustainable growth for resilient development.

Beneficiaries and Outputs

Output

1) Preliminary Research Report

Preliminary Research Report will be conducted to obtain a comprehensive understanding of the development of blue carbon ecosystems among 21 member economies, consisting of the scientific basis of blue carbon measurement and methodology, climate policy and legal framework of blue carbon ecosystems at the economy level, and blue carbon financing mechanisms in public and private sectors. The Preliminary Research Report, a minimum of 15 pages excluding annexes, tentative structure covering executive summary, introduction, the scientific basis of blue carbon ecosystems, current blue carbon policy and regulatory landscape in APEC economies, blue carbon market mechanisms and finance models, gender and inclusion in blue carbon initiatives, case studies and best practices, will be produced electronically and in PDF format presented at the Workshop and integrated the Workshop’s results into the Summary Report. 

The Research consists of three parts:

(a)  Data Collection: Collect data on blue carbon ecosystems and blue carbon financing mechanisms in APEC economies, including literature review (preliminary method), statistical data analysis, case studies, and best practices of existing reports, policy documents, legislation, academic research and international studies (e.g., IPCC, UNFCCC, World Bank).

(b) Data Analysis: The collected data will be summarized to sketch the landscape of blue carbon ecosystems, climate policies and actions, legal framework, and blue carbon pricing mechanisms at both the economy- level and the APEC region.

(c) Case studies and Best practices: Based on the research findings, at least 3 case studies or best practices from member economies will be introduced and passed onto participants and speakers before the Workshop as the addendum of the mentioned Research.

2) 24th APEC Roundtable Meeting

A 2-day Workshop taking place in Taipei will be conducted in October 2025. An estimated 50 participants are expected to attend, including at most 22 participants from travel-eligible economies and other economies, 12 experts (3 sessions including 1 moderator and 3 speakers each), and stakeholders related to blue carbon ecosystems, climate policies, and blue carbon pricing mechanisms. Bring together government officials, policymakers, academia, business, and NGOs to discuss a variety of topics regarding the current status, latest developments, public and private partnerships, opportunities, and challenges. The target audience will be explained further in the section on Beneficiaries. A on-site visit at the Danshui River Mangrove Nature Reserve will be organized following the Workshop tentatively; all the speakers and participants from the participating member economies are welcome to attend to have a first- hand experience of the work carried out in the host economy and exchange accordingly. The tentative is as follows:

(a)  Day 1

8:45-9:15 Registration
9:15-9:30 Opening & Group Photo
9:30-10:45 Session 1: Science and Policy Integration of Blue Carbon Ecosystems (The Science of Blue Carbon Ecosystems–Why It Matters for Climate Resilience; Blue Carbon Ecosystems in APEC’s Climate Strategies– Current Status and Gaps; Case Study–Successful Integration of Blue Carbon Ecosystems into Climate Policies) 

10:45-11:00 Networking Break

11:00-12:15 Session 2: Blue Carbon Markets and Financing Mechanisms (Understanding Blue Carbon Markets–Compliance vs. Voluntary Trading; Unlocking Investments–Public and Private Sector Collaboration; ESG as a Driver for Blue Carbon Investments) 

12:15-13:30 Lunch Break 

13:30-14:45 Session 3: Enhancing Inclusive Participation in Blue Carbon Ecosystems Initiatives (Women in Science–Advancing Blue Carbon Ecosystems Research and Innovation; Women in Coastal Communities– Guardians of Blue Carbon Ecosystems; Women in Leadership–Driving Blue Carbon Ecosystems Policies and Investments) 

14:45-15:15 Networking Break 

15:15-16:00 Guided Group Discussion (Experts and participants be assigned to groups based on expertise; give each group a guiding topic and key questions, 20 minutes for discussion and brainstorming, have a spokesperson from each group share their main takeaways, close with a facilitator summary.) 

16:00-16:30 Recap of Day 1 (including distribution of the Post-event Evaluation) 

(b) Day 2 

9:00-9:30 Registration and Welcome 

9:30-10:30 Travel to Danshui River Mangrove Nature Reserve (no offshore/on-water travel involved, accessible via land-based transportation and boardwalk trails) 

10:30-12:00 Ecological Tour (including expert-led walkthrough and Q&A session with local conservationists) 

12:00-12:15 Travel to the Restaurant 12:15-14:00 Lunch Break

14:00-15:00 Return to Downtown Taipei 

The Danshui River Mangrove Nature Reserve serves as a living example of blue carbon ecosystem conservation, providing participants with firsthand exposure to mangrove restoration efforts and their role in carbon sequestration, climate resilience, and biodiversity protection. By observing on-the-ground implementation, participants will gain practical insights into policy-driven conservation strategies, coastal ecosystem management, and community engagement, which directly align with the project’s goal of integrating blue carbon ecosystems into climate policies. The site visit offers an experiential learning opportunity that complements the discussions, reinforcing theoretical knowledge with real-world applications and inspiring participants to implement similar initiatives in their economies.

3) Summary Report

Based on the findings from the Preliminary Research Report and Workshop discussions, this Report will be published with a minimum of 20 pages, excluding annexes, produced electronically and in PDF format as an APEC publication for further dissemination to promote a climate-resilient future for policymakers or stakeholders to serve as a piece of baseline information for future events. 

The structure of this Report is listed below:

(a) Introduction: background brief; intro, goals, expectations of this Research.

(b) Preliminary Research Report on blue carbon ecosystems in climate policies or actions and blue carbon pricing mechanisms.

(c) Workshop: method, agenda, lists of speakers and participants, summary, evaluations.

(d) Policy recommendations.

(e) Conclusions.

Outcome
1) Advancing the Integration of Blue Carbon Ecosystems into Climate Policies: This project seeks to provide member economies with a comprehensive understanding of the untapped potential of blue carbon ecosystems and how these ecosystems can be effectively integrated into climate policy frameworks. The Summary Report will serve as a guidebook structured around three core pillars: scientific basis, policy and legal frameworks, and pricing mechanisms. By addressing these aspects, the Report will support informed decision-making, guide economies in developing actionable blue carbon strategies, and promote further research. Additionally, it will highlight financial approaches and incentives to foster cross-sectoral collaboration, aiding member economies in incorporating blue carbon ecosystems into their broader climate objectives.

2) Identifying Challenges in Blue Carbon Markets and Opportunities for Blue Investments: Drawing on insights from the “Unlocking Blue Carbon Development: Investment Readiness Framework for Governments” (World Bank, 2023), this project will examine both the challenges and opportunities in blue carbon markets. Currently, most carbon markets are government-supported and operate within domestic compliance frameworks (e.g., Australia, China, and the EU). However, a growing voluntary market led by nonstate actors is emerging. Through this initiative, participants will gain critical knowledge of internationally recognized standards, including the Verified Carbon Standard and the Gold Standard, enabling cross-border carbon credit trading. Furthermore, understanding the distinctions between compliance and voluntary markets will empower member economies to develop tailored blue carbon pricing mechanisms that align with their financial and environmental contexts.

3) Fostering a sustainable green economy through concerted efforts of public-private partnerships: An essential outcome of this project is the translation of knowledge on blue carbon ecosystems and pricing mechanisms into tangible actions. Policymakers, while central to this effort, cannot succeed in isolation. Collective action from a broad range of stakeholders—including private sectors, educational institutions, and NGOs, will be necessary to drive the transition toward an equitable, sustainable, resilient blue economy. This project seeks to foster robust public-private partnerships, underpinned by clear and measurable commitments, to ensure a cohesive and sustainable approach to economic development within the blue economy.

Beneficiaries
The direct beneficiaries (target participants and speakers) include: (1) government officials or policymakers responsible for the ocean, climate change, and finance relevant policies from ministries or agencies of environmental protection, ocean and fisheries, and economic development among member economies; (2) businesses and industries, driven by the accountability and ambition of achieving low/zero carbon emissions and valuing the spirit of environmental, social, and governance (ESG) as the core management strategy, and the potential of blue carbon credits on the international market; (3) research institutions and academia place emphasis on the areas involving coastal blue carbon ecosystems, marine biodiversity, extreme weather events, natural disasters, ocean-climate nexus or nature-based solutions, and blue carbon pricing mechanisms; (4) speakers will comprise those with experience or expertise from public, private, and academia in member economies and international non-governmental organizations (such as the International Union for Conservation of Nature, World Economic Forum and Asia Development Bank).

Dissemination

The key outputs of this project will include the Preliminary Research Report and the Summary Report, both produced electronically and in PDF format. These will be distributed through the Workshop and made accessible via cloud storage, which will be managed and maintained by the host economy through self-funding. As an APEC Publication, only the Summary Report will be disseminated. For information regarding the target audience, please refer to the Beneficiary section of the proposal. The PO does not intend to sell any outputs from this project.

Gender

Please see Project Proposal in Supporting Documents folder.

Work Plan

Please see Project Proposal in Supporting Documents folder.

Risks

Please see Project Proposal in Supporting Documents folder.

Monitoring and Evaluation

Please see Project Proposal in Supporting Documents folder.

Linkages

The project plans to build on previous achievements of the 21st and 22nd APEC Roundtable Meeting on the Involvement of the Business/Private Sector in the Sustainability of the Marine Environment (OFWG 02 2022S and OFWG_02_2023S) held in Chinese Taipei, served as a platform to foster exchange on balance the marine conservation (with focus on blue carbon) and economic development among stakeholders. This project will further explore how coastal blue carbon ecosystems contribute to sustainable and inclusive economic growth and address the climate challenges. The deliverables of this capacity-building workshop will also demonstrate the core value of the APEC Roundtable Meetings and further enhance businesses and private sectors to collaborate with local communities to implement ESG practices.

Guest speaker and active participant nominations will be intended for the Oceans and Fisheries Working Group (OFWG), Economic Committee (EC), and Energy Working Group (EWG) to strengthen cross-fora collaboration and outside APEC to comprehensively add width and depth of greater understanding.

Sustainability

We expect this project to have a long-lasting impact beyond its completion. Through the development of capacity building and knowledge sharing for participants, the outputs will continue benefiting member economies. 

The Summary Report will compile all findings, recommendations, and conclusions to be published as APEC Publication, providing broader public access to ensure the project continues to have an impact, even for those unable to attend the Workshop, and remain accessible, serving as a valuable resource for ongoing reference.

The knowledge gained from this project will support economies in integrating blue carbon ecosystems into climate policies and initiating further research and collaboration. The policy recommendations will also be disseminated to the OFWG and other relevant APEC fora to drive new initiatives and actions on blue carbon ecosystems. The PO will present the project outcomes at upcoming APEC meetings to ensure continued outreach and engagement, encouraging member economies to integrate this knowledge into their frameworks to support gender-inclusive and sustainable blue economy initiatives.

Direct Labour

Not Applicable.

Are there any supporting document attached?

Yes
Project No.
Project Title
Project Status
Fund Account
Sub-fund
Project Year
Project Session
APEC Funding
Co-funding Amount
Total Project Value
Sponsoring Forum
Topics
Committee
Other Fora Involved
Other Non-APEC Stakeholders Involved
Proposing Economy(ies)
Co-Sponsoring Economies
Expected Start Date
Expected Completion Date
Project Proponent Name 1
Job Title 1
Organization 1
Telephone 1
Email 1
Project Proponent Name 2
Job Title 2
Organization 2
Telephone 2
Email 2
Declaration
Project Summary
Relevance
Objectives
Alignment
Beneficiaries and Outputs
Dissemination
Gender
Work Plan
Risks
Monitoring and Evaluation
Linkages
Sustainability
Direct Labour
Are there any supporting document attached?
hdFldAdmin
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Content Type: Standard Proposal