The economics of large-scale mangrove conservation and restoration in Indonesia
Indonesia is home to an estimated 20 percent of the world’s mangroves, the largest extent of mangrove ecosystems in the world. Mangroves provide valuable ecosystem services that contribute to human wellbeing in Indonesia, including coastal protection, climate regulation, fisheries support services, raw materials provision and cultural services. On average these sets of services yield USD 15,000/ha/year in benefits, but some provide benefits totaling nearly USD 50,000/ha/year. The World Bank’s new report "The Economics of Large-scale Mangrove Conservation and Restoration in Indonesia Report" aims to support policymakers in providing a set of economically-sound policy scenarios to achieve greener, more resilient and inclusive development of Indonesia's mangroves ecosystems.