In the Philippines’ Tañon Strait Protected Seascape (TSPS), mangrove forest cover decreased substantially between 1996 and 2020 before further damage from typhoon Odette in 2021. Other practices and problems such as industrial and domestic waste pollution and overfishing/unsustainable fishing are threatening the area.

This project aims to grow local environmental conservation and community development by creating a pathway to monetize blue carbon credits. Revenue streams will support the enabling conditions necessary for the future creation and maintenance of a type of Community Development Fund to maintain and conserve mangroves, expecting to incentivise participation in mangrove conservation. At the same time, threats from destructive practices will be addressed in community involvement and engagement.

The Blue Natural Capital solution with Rare

With foundational support from local communities and stakeholders, and funding from BCAF, the project will undertake a pre-feasibility assessment of blue carbon market potential to determine whether the desired large-scale project in the area can meet carbon certification requirements. This is a key first step towards attracting further investment in the project and eventually selling carbon credits. A draft financial model and draft business plan will outline the next steps for project design with a focus on community engagement and support through continuing conservation efforts .

Main activities

Develop a coastal blue carbon market project feasibility assessment to outline the mitigation and adaptation potential of the area, requiring:

  • Community meetings and participation, including community surveys. One of these will be a vital baseline survey of community awareness of climate adaptation readiness
  • A map of relevant stakeholders, developed through assessment and identification in stakeholder consultation
  • An understanding of potential species increases based on modelling, including calculations on the extent of mangrove restoration and other project variables.
  • The participation of women in the feasibility process and gender-focused sessions.

Stakeholder assessment and mapping through stakeholder consultation is designed to:

  • Raise awareness about mangrove restoration potential,
  • Provide an overview of High-Quality Blue Carbon Market Principles,
  • Assess social issues and drivers of degradation to ensure full community buy-in and reduce the risk of destructive activities being displaced to other areas,
  • Ensure information collected in the pre-feasibility assessment is grounded by applying the findings to laws and regulations in the local context, and inclusion of any perceived barriers to success
  • Identify who are beneficiaries of the blue carbon ecosystem services and socialise the need to reduce pollution and unsustainable fishing practices.

Build the draft financial model, founded on the pre-feasibility assessment and designed for the local community to benefit directly.

Establish a draft business plan, part of the financial model construction.

  • The initial stages of the business plan will outline how projected carbon credit revenue will support creation and maintenance of a type of Community Development Fund, which would ultimately be established and operationalized if the project continues beyond this readiness project.
  • The Community Development Fund is hoped to incentivise local participation in mangrove conservation and management, ensuring sustainability and scalability of the work.
  • If operationalized in future stages, it is envisioned that any surplus revenue would be managed by the Community Development Fund to support local development. Equitable recommendations for a Benefit Sharing Plan will be required in the future stages if the project continues.

Working with government and associated regulations at multiple levels

  • This project builds on ongoing relationships with local municipalities and TSPS governance bodies.
  • Partners will work with the Protected Area Management Board (PAMB) for execution of the project and engage the Department of Environment and Natural Resources Biodiversity Management Bureau (DENR-BMB) for support with policy creation, technical expertise, capacity building, research, partnerships, advocacy, and resources.

How BCAF supports this initiative

BCAF is supporting activities that advance key elements necessary for early-stage project design such as a coastal blue carbon market project pre-feasibility assessment paired with a local stakeholder assessment. BCAF also supports the project in establishing a draft business plan to outline how the blue carbon market project revenue could benefit coastal ecosystem protection and community livelihoods.


Location: Tañon Strait Protected Seascape. the Philippines

BNC focus: Conservation and restoration of mangrove forests

Duration of funding: 18 months (2024 – 2026)

Project developer: Rare

Impacts created



The project expects to to outline the mitigation and adaptation potential of the area by conducting a coastal blue carbon market project feasibility assessment .

Partners will work with government at multiple levels and TSPS governance bodies such as the Protected Area Management Board (PAMB) for project execution and the Biodiversity Management Bureau for support with technical and policy expertise, capacity building, research, partnerships, and advocacy.



Stakeholder assessment and mapping will be made, through stakeholder consultation, to identify beneficiaries of blue carbon ecosystem services, assess potential social issues and past drivers of degradation, allow community buy-in, analyse laws and regulations in the local context, and identify any potential difficulties.

The draft business plan will also detail the building of a Community Development Fund (CDF) via the planned revenue, including equitable recommendations for a Benefit Sharing Plan.



The project will establish a complete draft business plan for the Philippines’ Tañon Strait Protected Seascape blue carbon project, laying out the monetisation of carbon credits and ancillary revenue streams.

These potential ancillary revenue streams include ecotourism, sustainable fisheries, and value-added products, such as honey from mangrove bees or non-timber forest product crafts.

More information

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