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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Developing clear policies for trading, authorizing, and registering nature-based carbon credit projects, including explicit provisions for defining carbon rights.

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Creating a regulatory framework for benefit sharing mechanisms, Free, Prior, and Informed Consent (FPIC), and participatory processes to ensure fairness and safeguard community rights in carbon credit initiatives.

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Implementing robust Measuring, Reporting, and Verification (MRV) protocols to enhance transparency, accountability, and credibility in project outcomes.

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Clarifying whether carbon rights apply to reduced deforestation or forest degradation credits to avoid ambiguity and strengthen project legitimacy.

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