Guyana Mangroves budget support Capitalising on previous EU support to mangrove protection and management in Guyana, this action will further continue in this area by supporting institutional inter-agency coordination and the development of regulations to conserve and protect mangroves. These measures will lead to an integrated coastal protection plan focussed on mangroves, while shoreline communities will be assisted with development of value chains for such mangrove products (e.g. honey, shellfish, charcoal and eco-tourism). Since mangroves have a very high carbon sequestration potential, forest carbon also has potential as a revenue stream. This mangrove action mainly benefits the coastal zone of Guyana. Institutional support activities at national level will be concentrated around Georgetown.This action will contribute to the following Specific Objectives of the MIP:SO 3: Expand PES/forest carbon projects, with these expected results:·&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PES (carbon) finance accessed for forest conservation, with due attention to Free and prior informed consent (FPIC) and fair sharing of costs and benefitsSO 4: Protect and restore mangrove forests, with these expected results:·&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Overarching policy for ensuring mangroves institutional coordination developed·&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Integrated coastal protection plan consolidated·&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Market links strengthened for community producer groups in mangrovesAdditionally, this action will commit to SDG1 ¿No poverty¿, SDG5 ¿Gender equality and women empowerment¿, SDG8 ¿Decent work and economic growth¿, SDG13 ¿Climate action¿, SDG15 ¿Life on land¿ and SDG17 ¿Partnership for the goals¿.Having a targeted mangrove action through budget support will enable the EU to continue policy dialogue in the area of PFM and transparency, as initiated during previous cooperation under 11th EDF