Mangroves are critical for climate adaptation and mitigation. Globally, mangroves protect more than 18 million people and lessen the flood damage to coastal properties and assets by more than US$ 82 billion a year. At the same time, mangroves provide enormous mitigation benefits, storing up to 10 times more carbon on a per-area basis than terrestrial forests. However, mangroves are in decline; approximately half of the world\u2019s mangroves have been lost in the last 50 years.<\/p>\n\n\n\n
The coastal protection and carbon storage benefits provided by mangroves are still underrecognized and often considered \u2018free\u2019 ecosystem services. RISCO seeks to create new revenue streams for mangrove conservation and restoration by incorporating mangroves\u2019 risk reduction value into insurance products and monetizing the climate mitigation value of mangroves through blue carbon credits.<\/p>\n\n\n\n
RISCO is a social enterprise that invests in mangrove conservation and restoration in areas with high-value coastal assets, protecting blue carbon and reducing flooding and property damage risk.<\/p>\n\n\n\n