This country profile presents a comprehensive assessment of the legal, political, and institutional frameworks essential for enabling blue carbon projects. It evaluates core legal requirements—such as project precedents, national regulations, land tenure, and carbon rights—using a standardized scoring index designed to clarify the complex legal and policy landscape surrounding blue carbon development.

The analysis is intended to support stakeholders in navigating these frameworks and accelerating the design and implementation of high-integrity blue carbon projects in the country.

The main policy recommendations focus on:

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Establishing precise legal requirements for participation in the Voluntary Carbon Market (VCM) to provide investors and project developers with certainty.
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Defining carbon rights in law to clarify ownership and facilitate transactions.

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Developing standardized protocols for recognizing, transferring, and enforcing carbon rights to strengthen market confidence.

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Strengthening land registration systems to ensure all land transactions are recorded, reducing legal uncertainties for communities and carbon projects.
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Establishing precise benefit-sharing requirements to ensure fair distribution of carbon credit revenues, fostering local support and long-term project success.

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Mandating Free, Prior, and Informed Consent (FPIC) for nature-based carbon projects to protect Indigenous Peoples and Local Communities, ensuring transparency and participation in project decisions.

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‍Download the full report to explore all findings and recommendations in detail.