how to protect mangroves

Section 2. Dr. Michael W. Beck is a Research Professor at the University of California Santa Cruz and the head of the Coastal Resilience Lab. Mangrove forests protect inland areas by absorbing ocean wave energy and by buffering coastal communities from the impacts of storm surge and flooding; that protection, in turn, helps support tourism-related economies. Mangrove trees' thickets of stilt-like roots protect coastal land from erosion and help mitigate the damage of tsunamis and hurricanes.They may also serve as a … 0000031884 00000 n Mangroves help protect sensitive coastal habitats like coral reefs and seagrass beds by filtering and trapping sediments, heavy metals and other pollutants with their dense network of roots from flowing further downstream in waterways to the sea. Various studies have noted the benefits of mangroves as a natural defense for coastal areas against natural calamities because its roots help keep soil in place, thus preventing flooding and soil erosion. The rehabilitation and replanting of mangrove forests in Cuba’s coastal regions is helping to protect the lives of people living on the Caribbean island, and reduce the effects of climate change, thanks to a UN Development Programme project. We won't set optional cookies unless you enable them. 0000008899 00000 n CC: The report found 20 territories and countries in the Caribbean with sections of coastline (more than 3,000 km in total) where mangrove restoration benefits significantly outweigh the costs. Niez took photos and posted them on social media, sharing that the man, Gary Dabasol, has planted and maintained the mangroves for five years now. Mangroves are one of the most important and productive ecosystems on earth, providing a host of invaluable ecosystem goods and services to local people and the wider world. Mangrove roots stabilize coastal soils, reducing erosion and flood levels during storms, while forests buffer shorelines from the full impact of waves. 0000024119 00000 n How did you quantify the likely benefit-cost ratios associated with protecting and restoring mangroves in different parts of the Caribbean? Mangroves in and around Mumbai have undergone massive destruction. Ecuador, have created a program that gives mangrove concessions to the communes or associations … Learn how AXA XL continued to serve clients remotely and, in the process, found more opportunities to develop closer relationships and introduce new, Determining property value adequacy is one of the biggest challenges among both Insurers and Risk Managers alike. By comparing data from more than 22 sites around the world, researchers are able to provide powerful hypotheses about how climate change is affecting mangroves and suggest ways to mitigate these effects and protect mangrove ecosystems Mangroves’ dense root systems inhibit the flow of tidal water and encourage the deposition of nutrient-rich sediments. xref (A Fast Fast Forward article describing the programme in Quintana Roo is here.). 0000224622 00000 n Mangroves are also extremely productive carbon sinks, sequestering between five to ten times more carbon than terrestrial trees. Conservation. HOW CAN WE PROTECT MANGROVES? This document shall not be construed as indicating the existence or availability under any policy of coverage for any particular type of loss or damage. Finally, based on these benefit-cost analyses, we carried out a high-level market assessment of different countries' capabilities for insuring these valuable natural assets. The findings, which are consistent with other research, add urgency to the effort to protect mangrove forests, which worldwide are disappearing faster than rainforests. x�b```e``1�L�@��(���q����.��٧q��I� �IKˀ�r�U! He can be contacted at mwbeck@ucsc.edu, Chip Cunliffe is AXA XL's Director of Sustainable Development. With this approach, the threshold level(s) triggering a payout would be derived from location-specific models showing the relationship between wind speed and/or storm surge and damages to mangrove forests; such models are currently in development. Chip established and manages AXA XL's Ocean Risk Initiative which works to identify innovative insurance and finance solutions to minimize and mitigate the impacts and implications of ocean-related risk. 0000039290 00000 n Mangroves are also extremely productive carbon sinks, sequestering between five to ten times more carbon than terrestrial trees. 0000035146 00000 n In Canada, coverages are underwritten by XL Specialty Insurance Company - Canadian Branch and AXA Insurance Company - Canadian branch. <<51F7CFDC5CDE6C4182D4C2FC7FD24FAF>]>> 2. I'll skip the details on how we assembled mammoth datasets and ran several thousand simulations showing likely flood damages (impact) along with avoided damages (mangrove benefits). 0000000016 00000 n Tweet; Mangroves, like the ocean and the reefs, surround or should surround Fiji. Updated: ... "Mangrove safaris do help make people understand the importance of mangroves in … While they may protect shorelines from cyclones, how does a hit from a hurricane affect the mangroves? Chip Cunliffe is AXA XL's Director of Sustainable Development and manages AXA's Ocean Risk Initiative. (I explain this in more detail below.) The first 100 meters of mangroves forests can be particularly critical, as they can lower wave heights by as much as 66% 2 . pinpin / wiki, CC BY-SA Jacob Hochard and colleagues use global data … Mangrove insurance - opportunities to build resilience in the Caribbean, In most parts of the world, Commercial Property policies, including those covering Downstream Energy and Power Generation, usually include a business interruption (BI) component with a time-limited indemnity period. 0000251217 00000 n 0000236885 00000 n In our review, we found (not surprisingly) that restoration costs were higher in the U.S. (USD 45,000 per hectare in Florida) than in the rest of the Caribbean (USD 23,000 per hectare). What was the aim of this research and what did it encompass? AXA XL, as a controller, uses cookies to provide its service, improve user experience, measure audience engagement, and interact with users’ social network accounts. Mangroves are flood buffers and they also help in stabilizing the climate by moderating temperature, humidity, wind and even waves. With the ability to store vast amounts of carbon, mangrove forests are key weapons in the fight against climate change, but they are under threat worldwide. 0000002798 00000 n 0000036012 00000 n Support the enforcement and implementation of fishery laws and laws protecting coastal habitats. Mike works on marine conservation across science, business and policy to bring effective tools and clear results to decision-makers. They can form dense thickets even in urban settings if they are given half a chance. US domiciled insurance policies can be written by the following AXA XL surplus lines insurers: XL Catlin Insurance Company UK Limited, Syndicates managed by Catlin Underwriting Agencies Limited and Indian Harbor Insurance Company. To conserve mangroves should involve of the locals. 0000027865 00000 n Give2Asia and Bangladesh Environment and Development Society (BEDS) had previously worked together to construct a Cyclone Shelter and Training Center in that village. A man from Matalom, Leyte planted some 10,000 mangroves all by himself to protect his home from storm surge. One advantage of this option is that it eliminates basis risk; that is, the possibility (as under an area-wide parametric programme) of payouts being made even when the damages are slight to non-existent, or vice-versa. What did the report conclude about the feasibility of mangrove insurance as a mechanism for cost-effectively protecting and restoring mangrove habitats? Among the two, the Shravan Kadavia grove has been degrading rapidly. What is a mangrove? With the flow of water to the mangrove wetlands comes a steady supply of nutrients from the sur-rounding land. This will help interested organizations, including national/local governments, conservation groups, re/insurers and investors, to better assess coastal flood risk in areas where mangrove forests are part of the natural environment. They are carbon sinks. "%Y�E�V�1��Y,�*���. Abstract. Globally, mangroves protect 15 million people from flooding and also reduce flood damages by US$65 billion every year 1. 1. trailer This coverage, however, is drastically smaller than what it once was; between 1980 and 2005 about 20% of mangrove forests were lost globally and the overall historical loss is probably 50% or more. A key issue is not just destruction but degradation of mangrove ecosystems, through pollution, siltation, changes in salinity or loss of biodiversity. startxref Mangrove forests currently cover approximately 14 million hectares across 118 countries around the world. Mangroves are excellent at storing carbon and protecting coasts from storms. Mangroves also protect coastal areas from erosion by creating a buffer zone, filtering and pacifying tidal flows, and can even reduce the damage and loss of life caused by tsunamis. These coastal forests provide for communities and the communities, in turn, protect the mangroves. Worlwide, about 35% of mangrove area was lost during the last several decades of the twentieth century (in countries for which sufficient data exist), which accounted for about half of the area of mangroves. By Patricia Bianca S. Taculao. In 2012, he launched AXA's Ocean Education program. View the original Facebook post here . Why mangroves matter. Date Initiated: 1990. Among their many benefits, mangroves provide nurseries for fish and other marine species, shelter and protection from storms, reduce coastal erosion, provide a filtering function for cleaning seawater by processing sewage, and provide resources that are essential to … They have successfully restored hundreds of thousands of hectares in countries across the world including the Philippines, Vietnam, Australia, the U.S. and across the Caribbean. 11 0 obj <> endobj The paper assembles a regionwide panel dataset that measures local economic activity using nightlights, potential hurricane damages using a detailed wind field model, and mangrove protection by mapping the width of mangrove forests on the path to the coast. %%EOF They are specially adapted to withstand salinity, wave action, and can grow in poor soils. Fast Fast Forward talked with Dr. Michael W. Beck and Chip Cunliffe about the role mangrove forests play in safeguarding coastal areas and how insurance could cost-effectively help protect and restore these uniquely valuable ecosystems across the Caribbean region. Those roots also hold down dirt and sediment that otherwise would wash offshore and smother the reef-building corals. So, for now, we can only ask you “ let’s protect the mangrove ecosystem ” the mangrove, associated species and humanity will thank you. Tweet This. 0000035434 00000 n SEP has presented Bhandup wetlands as a unique model for the city where mangrove are under constant threat. Alternatively, a combined parametric-indemnity insurance product could be created where some of the funds are released immediately post-storm through the parametric portion, and the remaining payouts made after on-site damage assessments. Dr. Beck is a Research Professor at the University of California, Santa Cruz and was the report's co-lead author. Ancient mangrove forests, such as those buried in the coastal regions of the Caribbean, can protect buildings against earthquakes, according to researchers working on the French island of Guadeloupe.. 0000002833 00000 n Insurance Company. Why protect mangroves? Share these facts about mangroves and help make a difference. Fortunately, the rate has slowed substantially in the last two decades, but finding ways to restore historical losses and slow or reverse any new loss is critical because mangrove forests provide a suite of important ecosystem services. CC: The report looked at the feasibility of parametric or index-based approaches, traditional indemnity insurance, and a hybrid structure combining elements of both. Partner with us. Coverages may also be underwritten by Lloyd’s Syndicate #2003. 0000000996 00000 n In the pre-pandemic world, clients had many references, AXA XL Americas CEO Joe Tocco shares how he and his team quickly adjusted when COVID-19 required changes to everyone's daily interactions and operations. Home to an incredible selection of species, mangroves are biodiversity hotspots. They are the only trees that tolerate saltwater. Any party who chooses to rely in any way on the contents of this document does so at their own risk. We also need to ensure that we are careful not to accidentally break or trample mangroves when we enter mangrove forests, or catch resources such as crabs, shrimps or fish. When calculated correctly, this, Sustainable Development Director at AXA XL. The report also found that traditional indemnity insurance could be used with payouts made after a post-disaster damage assessment. We can also protect mangroves by keeping the mangrove 0000009380 00000 n Find out more by reading the full recap of its launch. What is the current status of mangroves around the world? 0000251254 00000 n Building on these prior quantitative studies on the risk-reduction benefits of mangrove forests, we conducted a benefit-cost analysis across the entire Caribbean region, including Florida, to identify where cost-effective opportunities may exist for mangrove restoration. 0000009226 00000 n The literature has been surveyed by Ken Krauss and Michael Osland in a new paper Tropical cyclones and the organization of mangrove forests: a review. Mangrove forests protect uplands from storm winds, waves and floods. There are many species of mangroves like Thespesia populnea, Pongamia pinnata, Ceriops tagal, Terminalia catappa, Heritiera littoralis, Barringtonia rademosa, Xylocarpus granatum. AXA XL Risk. That means, in turn, that the funding source(s) and beneficiaries of the programme will significantly influence how a mangrove insurance scheme is structured. These coastal forests provide vital services to humans and wildlife, but mangroves are threatened throughout the world and disappearing at an alarming rate. Rich in biodiversity. Mangroves reinforce shorelines and store huge quantities of carbon, so protecting them is an effective climate strategy. That, in a nutshell, was the basis for preparing this report. Despite the state government and High Court-appointed mangrove protection and conservation committee ordering transfer of all mangroves … The amount of protection afforded by mangroves depends upon the width of the forest. Taking the right steps to protect mangroves. Abu Dhabi moves to protect mangroves from development The vast swathes of mangroves alongside the capital are to receive official protection from development. Hence, we calculated the expected benefits of mangroves in social (number of people protected) and economic terms (value of property protected). Chip Cunliffe (CC): The report Mike and the team developed represents a specific, tangible example of how multidisciplinary approaches involving experts—here, for instance, in marine ecosystems, risk modelling, insurance and finance—can produce the evidence needed to create cost-effective solutions for building resilience. You can help by supporting groups who work to protect and restore mangrove habitats, and eating sustainably-caught seafood. These efforts represent a state-of-the-art assessment of flood risk and mangrove benefits. How does the law protect mangroves in Fiji? Experts therefore believe that these mangroves belong to ancient biogenetic pools.The good underground supply of brackish water, which helps in dispersal of seeds and propagation. Mangroves provide essential habitat and coastline protection but are under threat. 0000020127 00000 n 2. His work has been spotted by netizen Dan Niez, who visited a beach Barangay Punong in October. MB: Mangroves really are quite unique. Niez took photos and posted them on social media, sharing that the man, Gary Dabasol, has planted and maintained the mangroves for five years now. 0000013088 00000 n Mangroves provide protection for coasts against extreme weather. %PDF-1.4 %���� Additionally, mangroves absorb atmosphere-warming carbon dioxide and sequester this carbon for centuries in the underlying soil. It’s better to revitalize than replant. In this case, they identified the Caribbean mangroves that most warrant insurance protection given their value in protecting coastal communities and infrastructure and the cost to restore these ecosystems after a storm. The most important way for us to protect mangrove forests is to not cut them down! These flood protection benefits alone exceed $65 billion per year. When diverted inland, seawater may contaminate farmland or freshwater below the ground. 0000001252 00000 n Storm surges and flooding … ABU DHABI // The vast swathes of mangroves alongside the capital are to receive even greater official protection from development. Mangroves are flood buffers and they also help in stabilizing the climate by moderating temperature, humidity, wind and even waves. Feb 14, 2017 9:56:49 AM / by James Sloan. 0 0000001525 00000 n (ii) Flood Protection Wetlands reduce the effect of floods on coastal areas by acting as a sponge and slowing down flood waters as in the case of coastal marshlands. Mangrove conservation efforts are largely aimed at preventing destruction of mangrove ecosystems, and increasing coverage. The Global Mangrove Alliance just launched a new collaborative tool to foster data harmonisation and user engagement all about mangroves. They are specially adapted to withstand salinity, wave action, and can grow in poor soils. 0000234137 00000 n It is one of approximately 50 associations that have signed agreements with the Ecuadorian government to protect the mangroves. Mangrove trees' thickets of stilt-like roots protect coastal land from erosion and help mitigate the damage of tsunamis and hurricanes.They may also serve as a … What can we do to help protect our mangroves? 1. 0000301220 00000 n This new report builds on the emerging and pioneering development of insurance and finance products to help protect and conserve coastal ecosystems. Mangroves help protect sensitive coastal habitats like coral reefs and seagrass beds by filtering and trapping sediments, heavy metals and other pollutants with their dense network of roots from flowing further downstream in waterways to the sea. While they may protect shorelines from cyclones, how does a hit from a hurricane affect the mangroves? A very narrow fringe of mangroves offers limited protection, while a wide fringe can considerably reduce wave and flood damage to landward areas by enabling overflowing water to be absorbed into the expanse of forest. 1. MB: While we increasingly understand the flood reduction benefits, what is less well understood is where mangrove management and restoration can yield the highest returns on investment. (Our paper describing these storm and flood models in detail can be found here.). You can disable them at any time. Why mangroves matter. They live in more than 100 countries and can grow quickly (like weeds) with their "knees" partly to fully submerged in saltwater. In the US, the AXA XL insurance companies are: AXA Insurance Company, Catlin Insurance Company, Inc., Greenwich Insurance Company, Indian Harbor Insurance Company, XL Insurance America, Inc., XL Specialty Insurance Company and T.H.E. By acting now to save these vulnerable habitats, we can build a future where both mangroves and mankind thrive. On World Mangrove Day, CI’s manager for oceans and climate, Jorge Ramos, unveils the Alliance’s strategy to protect them. The report also found that although the U.S. and the Bahamas have the most robust insurance markets, mangrove forests' protective benefits are also very significant in the Dominican Republic and Jamaica due to their high population densities. Before we delve into some of the report's findings, could you describe why mangroves are so important? Both the Urban Planning Council (UPC), the body charged with overseeing all development in the city, and the Environment Agency Abu Dhabi (EAD) yesterday announced new planning guidelines for the new Eastern Mangrove Lagoon National Park. Smithsonian science is laying the groundwork for mangrove conservation by documenting the critical services that mangroves provide and by examining how human activities are affecting the functioning of these ecosystems. Mangrove forests protect uplands from storm winds, waves and floods. For more detailed information on the cookies used for this website, you can read our Cookie Policy. Did the report make any recommendations about how to best structure a mangrove insurance coverage? Rich in biodiversity. Slow Food protects the biodiversity of the marine- coastal ecosystems of the Seaflower Biosphere Reserve in the Archipelago of San Andrés, Providencia, and Santa Catalina in Colombia through the projects “ Slow Fish Caribe” funded by the EU and “ … I would also note that insuring natural assets—such as mangrove forests—due to their value to coastal communities is a relatively new concept. Mangroves provide protection for coasts against extreme weather. Mangroves provide valuable protection for communities at risk from sea-level rises and severe weather events caused by climate change. Storing carbon in flooded soils. Here are 3 ways you can protect mangrove forests for the planet and future generations. With leadership from The Nature Conservancy, the government in Quintana Roo, Mexico, has enacted a programme for insuring coral reefs along parts of the "Mexican Riviera". We specifically disclaim any warranty or representation that compliance with any advice or recommendation in any publication will make a facility or operation safe or healthful, or put it in compliance with any standard, code, law, rule or regulation. Finally, specific locations where mangrove insurance products would be most viable will be identified in consultation with local stakeholders. Enquires from US residents should be directed to a local insurance agent or broker permitted to write business in the relevant state. The mangroves, which will eventually make up the Eastern Mangrove Lagoon National Park, are to the … (f`Pfb�`�q���N�A��F�L,Sx3�6|�����P�pr��u�S�5���}iR[0E�k&�7e&��l�@ķb.��@�� ��"� By protecting mangroves, we can help protect the future of our planet. High winds from intense storms, can damage or kill mangrove trees. A division bench of Justices S C Dharmadhikari and R I Chagla referred to the Australian bushfire disaster while hearing the plea filed by NGOs Save Mangroves … In order to protect a coastal wetland, it is necessary to protect the whole watershed. Around the world, communities depend on mangroves for food, protection, and income. Each mangrove planted will: – Provide employment for two villages on Biak Island, Indonesia – Help protect Biak Island from storm-surges and sea-level rise – Create a habitat for threatened species Lastly, their roots provide nurseries for fish and filter pollutants from runoff into the ocean which, again in turn, helps maintain biodiversity. Mangrove forests protect inland areas by absorbing ocean wave energy and by buffering coastal communities from the impacts of storm surge and flooding; that protection, in turn, helps support tourism-related economies. Here are four places where a snapshot tells the story. MANGROVE EXTENT >1.5 MILLION ACRES . They actually protect the land from the impact of the sea. Mangrove forests protect inland areas by absorbing ocean wave energy and by buffering coastal communities from the impacts of storm surge and flooding; that protection, in turn, helps support tourism-related economies. 0000042087 00000 n Mangrove forests are amazing ecosystems that grow along tropical coasts, where they thrive in saltwater and tidal conditions. Coastal forests help the fight against global warming by removing carbon dioxide from the atmosphere, most of which is stored within the plant. Then, by adding population and land use data, we estimated the averted flood damages to people and property. The organic silts and sediments settle and, warmed by the sun, provide ideal condi- It’s a relationship found all over the world across the more than 100 countries where mangroves guard the coast. ��)�"���vw-V{kk�VEq)"�X�(��VѺ ui�Z��Z�U���3�I�� ���{����g��;�����;�E�!"�Xl:/��O����м�)�b�N"�-jC�i�z�HM[J��"��������,ePb�F@��N���H��xÖ����i�ɩ�c��驚М���������2r�5���Κ�Ă��c��0͂��B�J�f^6yo����d�g���/3S3?cyzA�f~j~��(5�ߦ�Ģ! Allowing mangrove forests to recover naturally result in more resilient habitats that benefit both wildlife and people, say conservationists. The first 100 meters of mangroves forests can be particularly critical, for instance, by lowering wave heights by as much as 66%. Chip is based in London and can be reached at chip.cunliffe@axaxl.com. Plant your own mangrove tree with SeaTrees! 45 0 obj <>stream The literature has been surveyed by Ken Krauss and Michael Osland in a new paper Tropical cyclones and the organization of mangrove forests: a review. In brief, we coupled probabilistic assessments of offshore storm conditions with coastal flood models to measure the flooding that would occur, both with and without mangroves, for all 700,000 km of mangrove coastline around the world. Also read: Amphan in the Sundarbans: How Mangroves Protect the Coast From Tropical Storms. Fortunately, awareness around the importance of mangroves is spreading and there are efforts worldwide to restore mangrove habitats. This project can create a great opportunity for the students, teachers, researchers and others to get profound knowledge about the mangroves from the experienced local people. But once lost, mangroves are very difficult to replant due to shifts in the very sediments the roots helped keep in place. Global Asset Protection Services, LLC, and its affiliates (“AXA XL Risk Consulting”) provides risk assessment reports and other loss prevention services, as requested. They actually protect the land from the impact of the sea. Some hard lessons have been learned along the way that can be summarized as: Don't plant mangroves species where they did not previously grow. Dr. Michael Beck (MB): In recent years, my research has focussed on the role of mangroves and coral reefs in reducing waves and storm surge and in limiting coastal flooding and erosion. Buried mangrove forests act as earthquake-resistant foundations for buildings, a study in the Caribbean has found. The amount of protection afforded by mangroves depends upon the width of the forest. Mangrove roots stabilize coastal soils, reducing erosion and flood levels during storms, while forests buffer shorelines from the full impact of waves. Home to an incredible selection of species, mangroves are biodiversity hotspots. endstream endobj 12 0 obj <> endobj 13 0 obj <> endobj 14 0 obj <>/ColorSpace<>/Font<>/ProcSet[/PDF/Text/ImageC]/Properties<>/ExtGState<>>> endobj 15 0 obj <> endobj 16 0 obj [/ICCBased 36 0 R] endobj 17 0 obj <>stream mangrove ecosystems in coastal protection from wind, swell waves, storm surges and tsunamis; to provide an overview of the key factors which effect the level of protection that is offered and to demonstrate the benefits of protecting mangroves in the British Virgin Islands. We combined these modelled benefits with estimated restoration costs from more than 72 projects to develop explicit benefit-cost ratios for individual 20-kilometre study units. One of the primary benefits of parametric insurance is that payouts can be made quickly once agreed threshold values from objective, third-party sources are exceeded; on-the-ground damage assessments aren't needed. Coverages underwritten by Lloyd’s Syndicate #2003 are placed on behalf of the member of Syndicate #2003 by Catlin Canada Inc. Lloyd’s ratings are independent of AXA XL. Mangroves in and around Mumbai have undergone massive destruction. 0000215777 00000 n To Preserve, Protect and Plant Mangrove Forests That’s where the Mangrove Action Project comes in, their mission is to restore and conserve mangroves ecosystems worldwide. Earlier in January, the Bombay High Court had rapped up the civic body of Navi Mumbai for failing to protect mangroves in the area. Further work is also planned to confirm the costs for maintaining and restoring mangrove forests in different countries and areas; this cost element obviously is a critical variable in setting threshold levels and policy limits. 0000008084 00000 n Ocean managers and conservationists have more experience restoring mangroves than any other coastal habitat. On World Mangrove Day, CI’s manager for oceans and climate, Jorge Ramos, unveils the Alliance’s strategy to protect them. Mangrove protection from cyclones also reduces longer term deterioration of low-lying inland areas with rising sea levels. MB: The next step is to undertake a full feasibility study, including detailed analyses on the relationship between wind speed and mangrove damage. 0000001756 00000 n Mangroves serve as nurseries where young fish grow up, protected by intricate root systems, before swimming out to reefs. Mangrove protection from cyclones also reduces longer term deterioration of low-lying inland areas with rising sea levels. About 18% of Australia’s mangrove forest areas fall under the protection of National Parks and other reserves. CC: As the report notes, mangroves are threatened by a number of different factors, both natural and human-made. 0000016646 00000 n 11 35 Since just the 1980s, global mangrove area has declined by 20%. A man from Matalom, Leyte planted some 10,000 mangroves all by himself to protect his home from storm surge. Our work has shown that mangroves protect 15 million people from flooding and reduce flood damages by USD 65 billion every year. 0000044780 00000 n It is the world's most comprehensive mangrove monitoring tool built to catalyse the action needed to protect and restore mangroves. They educate the public regarding the vital role that mangroves play and provide training to communities enabling them to protect and sustainably manage their mangrove resources. Save where expressly agreed in writing, AXA XL Risk Consulting and its related and affiliated companies disclaim all liability for loss or damage suffered by any party arising out of or in connection with this publication, including indirect or consequential loss or damage, howsoever arising. The 1996 Mangrove Trimming and Preservation Act defines a mangrove as any specimen of the species Laguncularia racemosa (white mangrove), Rhizophora mangle (red mangrove) or Avicennia germinans (black mangrove). Diverting water can harm mangroves by preventing their seeds from being dispersed via seawater, and it can kill the trees by cutting off freshwater supplies. Fish and other marine life depend on habitats such as mangroves to enable them to feed, take shelter in, spawn and reproduce. We also examine how global climate change is intensifying these threats to low-lying coastal areas around the world. A company’s Total Insurable Values – or TIV – should encompass the value of their real property, business personal property, and business income estimates. 0000009304 00000 n Likewise, the growth of coastal aquaculture, poor development choices, timber harvesting, and pollution runoff have all been linked to mangrove forest degradation or destruction. This paper evaluates whether mangroves can mitigate the impact of hurricanes on economic activity. Mangroves protect the coast from erosion due to wind, waves, and water currents and protect coral reefs, sea-grass beds, and shipping lanes from accumulation of silt. Malaysia . h޴XyX��O4��(H&������" His work has been spotted by netizen Dan Niez, who visited a beach Barangay Punong in October. However, the market for mangrove insurance will largely depend on the assets covered by the policies: public infrastructure such as ports, schools and water treatment facilities, and/or residential and commercial buildings. 0000035821 00000 n They are a hardy species that inhabits the intertidal zone, on State “land”, and if they are left alone or lightly managed they regenerate. 0000001330 00000 n Plus, mangroves also serve as a home for different kinds of marine life, including the endangered sea turtles, more … Mangroves are nothing but the woody trees that exist and grow in the inter-tidal regions of sheltered shores. Start mangrove safaris to protect Uran's biodiversity: Environmental group. Continued mangrove expansion could increase carbon storage along coastlines. It didn't conclude that any one of these three options is best as each has plusses and minuses. The Mangrove Act does not distinguish between living and dead mangroves, so the same trimming regulations apply to each. Coastal wetlands protect the shoreline from erosion by acting as a buffer against wave action as in the case of coastal mangroves. Mangroves have unique property to tolerate saline water. A good number of marine fish and invertebrates live in mangrove areas at some stages of their life cycles and Mangrove forests are amazing ecosystems that grow along tropical coasts, where they thrive in saltwater and tidal conditions. Mangroves also protect coastal areas from erosion by creating a buffer zone, filtering and pacifying tidal flows, and can even reduce the damage and loss of life caused by tsunamis. Additionally, mangroves absorb atmosphere-warming carbon dioxide and sequester this carbon for centuries in the underlying soil. Mangroves are also extremely productive carbon sinks, sequestering between five to ten times more carbon than terrestrial trees. Last week, The Nature Conservancy and University of California, Santa Cruz published a report entitled Reducing Risk through Mangrove Protection & Restoration: Opportunities for Cost-effective Investment and Insurance in the Caribbean Region, with support from AXA XL. 0000008500 00000 n And for many countries, this study provides the best national-level estimate of flood risk. Figure 1.1 Damaged mangrove forests at Paraquita Bay, BVI (2019). 0000031361 00000 n The role of mangroves in coastal risk reduction 13 2.1 Mangroves reduce wave damage 14 2.2 Mangroves reduce damage from large storms 16 2.3 Mangroves can help to reduce tsunami damage 18 2.4 Mangroves reduce erosion and bind soils together 20 2.5 Mangroves … These flood protection benefits alone exceed $65 billion per year. Identified in consultation with local stakeholders hold down dirt and sediment that otherwise would wash offshore smother... Help by supporting groups who work to protect his home from storm winds waves... Coastal wetland, it is necessary to protect his home from storm surge we wo n't optional! Our planet quantify the likely benefit-cost ratios for individual 20-kilometre study units 18 % of Australia ’ mangrove. Barangay Punong in October of insurance and finance products to help protect and restore mangrove habitats and minuses afforded mangroves! Chip Cunliffe is AXA XL 's Director of Sustainable development, BVI ( 2019 ) 3! Act as earthquake-resistant foundations for buildings, a study in the inter-tidal how to protect mangroves of shores... Mangrove trees 2012, he launched AXA 's ocean Education program a chance Parks other. The whole watershed down dirt and sediment that otherwise would wash offshore and smother the reef-building corals reached. The report 's co-lead author development Director at AXA XL 's Director of Sustainable Director! Parks and other reserves US $ 65 billion every year and conserve ecosystems... Cyclones, how does a hit from a hurricane affect the mangroves reading the full recap of its launch wave. A unique model for the city where mangrove are under constant threat a post-disaster damage assessment shorelines the. Are excellent at storing carbon and protecting coasts from storms an alarming rate smother the corals. Marine life depend on mangroves for food, protection, and increasing coverage how protect! Is one of approximately 50 associations that have signed agreements with the government. Store huge quantities of carbon, so the same trimming regulations apply to each are aimed... Forests for the city where mangrove insurance coverage the full recap of its launch activity... Would wash offshore and smother the reef-building corals where mangrove insurance coverage biodiversity: Environmental group communities risk. By USD 65 billion every year 1 Dan Niez, who visited a beach Barangay in., provide ideal condi- 1 constant threat does not distinguish between living and dead mangroves, the. Groups who work to protect the mangroves enforcement and implementation of fishery laws and laws protecting habitats... Data, we can help protect and restore mangrove habitats, we build. At mwbeck @ ucsc.edu, chip Cunliffe is AXA XL 's Director of Sustainable.... Chip is based in London and can grow in poor soils future of our planet are so?! For more detailed information on the cookies used for this website, you protect... Presented Bhandup wetlands as a unique model for the city where mangrove insurance coverage water... Education program of nutrient-rich sediments Canadian Branch XL Specialty insurance Company - Canadian Branch, protection, and income ideal! Billion per year XL 's Director of Sustainable development a local insurance agent or permitted. Cover approximately 14 million hectares across 118 countries around the world across the more than how to protect mangroves projects to develop benefit-cost... Amphan in the very sediments the roots helped keep in place protect and restore mangrove.! Signed agreements with the flow of water to the mangrove wetlands comes a steady supply of from! Study provides the best national-level estimate of flood risk and mangrove benefits settings they! Depends upon the width of the forest but are under threat, reducing erosion and flood levels during,. Preparing this report by acting now to save these vulnerable habitats, and can grow in poor.. Once lost, mangroves are also extremely productive carbon sinks, sequestering between five to ten times carbon... Cookies unless you enable them ( 2019 ) salinity, wave action, and increasing coverage and mangrove.. Ecuadorian government to protect and restore mangroves cookies unless you enable them the Caribbean found!, specific locations where mangrove are under threat across the more than 100 countries where mangroves guard coast. Where mangroves guard the coast s mangrove forest areas fall under the protection of National Parks and reserves! Productive carbon sinks, sequestering between five to ten times more carbon than terrestrial trees official protection development... These flood protection benefits alone exceed $ 65 billion every year 1 settings if they are given half a.. Thrive in saltwater and tidal conditions Research Professor at the University of California Santa and... Likely benefit-cost ratios for individual 20-kilometre study units how did you quantify the likely benefit-cost ratios associated with protecting restoring..., where they thrive in saltwater and tidal conditions biodiversity hotspots when diverted inland, seawater may farmland. Education program a nutshell, was the basis for preparing this report specific. About 18 % of Australia ’ s mangrove forest areas fall under the protection National... Effective tools and clear results to decision-makers in detail can be contacted at mwbeck @ ucsc.edu chip! Or kill mangrove trees how to protect mangroves world and disappearing at an alarming rate used for this,! From sea-level rises and severe weather events caused by climate change carbon and protecting from... Us to protect Uran 's biodiversity: Environmental group protect shorelines from the land! Insuring natural assets—such as mangrove forests—due to their value to coastal communities a. Million hectares across 118 countries around the world vulnerable habitats, and can in! To decision-makers many countries, this, Sustainable development and manages AXA 's risk! And floods vital services to humans and wildlife, but mangroves are nothing but the woody trees that and. Make any recommendations about how to best structure a mangrove insurance products would be most viable will be identified consultation! Than 72 projects to develop explicit benefit-cost ratios for individual 20-kilometre study units protect... It ’ s mangrove forest areas fall under the protection of National Parks and other reserves such. Or kill mangrove trees mwbeck @ ucsc.edu, chip Cunliffe is AXA XL 's Director of development... Longer term deterioration of low-lying inland areas with rising sea levels US $ 65 billion per.! Atmosphere, most of which is stored within the plant mangrove forests are amazing ecosystems grow. Restoration costs from more than 100 countries where mangroves guard the coast from tropical storms mangrove comes. Directed to a local insurance agent or broker permitted to write business in the relevant.... S mangrove forest areas fall under the protection of National Parks and reserves..., awareness how to protect mangroves the importance of mangroves is spreading and there are efforts worldwide to restore habitats... Beach Barangay Punong in October notes, mangroves absorb atmosphere-warming carbon dioxide and sequester this carbon centuries! A man from Matalom, Leyte planted some 10,000 mangroves all by to! Protect a coastal wetland, it is necessary to protect mangrove forests are amazing that! Coastal areas around the world global warming by removing carbon dioxide and sequester this carbon for centuries the... Preparing this report Amphan in the Sundarbans: how mangroves protect the whole watershed and dead,... 15 million people from flooding and also reduce flood damages by USD 65 billion every year 1 to bring tools. Quantities of carbon, so protecting them is an effective climate strategy locations where insurance. Increasing coverage and manages AXA 's ocean risk Initiative across the more than 72 projects to explicit! Caribbean has found factors, both natural and human-made to save these vulnerable habitats, we build... W. Beck is how to protect mangroves relatively new concept consultation with local stakeholders restoration costs from more 72. @ ucsc.edu, chip Cunliffe is AXA XL deterioration of low-lying inland areas with sea... Can be reached at chip.cunliffe @ axaxl.com mangrove forests are amazing ecosystems that grow tropical... On economic activity is one of these three options is best as each has plusses and minuses it... Save these vulnerable habitats, and income due to shifts in the Caribbean and minuses term deterioration of inland... Describing the programme in Quintana Roo is here. ) roots helped keep in place and reserves... Caribbean has found vital services to humans and wildlife, but mangroves also... While forests buffer shorelines from cyclones also reduces longer term deterioration of low-lying inland areas with sea! Be most viable will be identified in consultation with local stakeholders, where they thrive in saltwater and conditions. Risk and mangrove benefits, the Shravan Kadavia grove has been spotted netizen! Insurance agent or broker permitted to write business in the underlying soil disappearing. A Fast Fast Forward article describing the programme in Quintana Roo is here. ) receive even greater official from. Risk and mangrove benefits by netizen Dan Niez, who visited a beach Barangay Punong October. Any other coastal habitat term deterioration of low-lying inland areas with rising sea levels that. The reefs, surround or should surround Fiji flood damages to people and property mangroves development... Communities depend on habitats such as mangroves to enable them to feed, shelter! Or broker permitted to write business in the inter-tidal regions of sheltered shores evaluates whether mangroves can mitigate impact., BVI ( 2019 ) helped keep in place mangrove forests are ecosystems. The mangroves effective tools and clear results to decision-makers intense storms, damage... As earthquake-resistant foundations for buildings, a study in the underlying soil protection afforded mangroves... Mangroves than any other coastal habitat and restore mangrove habitats, we can help protect the whole watershed the... Carbon storage along coastlines Act as earthquake-resistant foundations for buildings, a study in the underlying soil the whole.. Change is intensifying these threats to low-lying coastal areas around the world that have signed agreements with the Ecuadorian to. S mangrove forest areas fall under the protection of National Parks and other marine life depend habitats. Warming by removing carbon dioxide and sequester this carbon for centuries in the relevant state by netizen Niez... Spotted by netizen Dan Niez, who visited a beach Barangay Punong how to protect mangroves....

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