May 21, 2025 | United Nations Development Programme (UNDP) |
ASEAN, Japan, and UNDP launched the ASEAN Blue Carbon and Finance Profiling (ABCF) Project in Jakarta, aimed at strengthening the sustainable management of blue carbon ecosystems. This initiative involves mapping, valuing, and financing carbon stored in marine and freshwater ecosystems across ASEAN countries and Timor Leste. Funded by Japan, the ABCF project aligns with the ASEAN Blue Economy Framework, enhancing technical capacity and developing finance-ready strategies. It aims to unlock economic potential and climate resilience, addressing regional gaps in ecosystem management through innovative policy and financing solutions. The project will inform national and ASEAN-level policies, attracting investment for coastal ecosystem conservation.
