Support to Mangrove World Bank via Indonesian Ocean MDTF To support Indonesia’s readiness to access blue carbon finance.

The Danish support will complement Indonesia Mangroves for Coastal Resilience Project (M4CR), consisting an IBRD loan of US$ 400 mio to rehabilitate and promote sustainable mangrove landscape management and to improve livelihood opportunities for mangrove communities, and a grant of US$ 15 mio. including from this Danish grant, which will strengthen policy and institutions for mangrove management. The Danish support contributes to Subcomponent 1.4 “Facilitating Payments for Blue Carbon” of the M4CR, supporting to Indonesia’s readiness to access blue carbon finance, which could contribute significantly to its NDCs and other emission reduction goals.