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Tuesday, August 9, 2022
Nov 16 2018 - The Republic of the Union of Myanmar signed a Memorandum of Understanding with GGGI on February 9, 2017 to collaborate in implementation of green growth strategies and projects; and to strengthen the government’s institutional framework for Monitoring, Reporting and Verification of national greenhouse gas emissions, climate change adaptation and mitigation actions and support.
This November, GGGI Myanmar will embark on a scoping mission to explore potential green investments in forestry, agriculture and fishery value chains for economic development, and for promotion of rural energy security to reduce the pressures on mangroves in the Ayeyarwady Delta.
The scoping team will comprise of GGGI’s experts in Green Investments, Climate Finance, Forestry, Fisheries, Policy and Socially Inclusive Development.
Although GGGI’s mandate is Myanmar-wide, the Ayeyarwady Delta is of particular focus due to its population density, levels of poverty and landlessness, vulnerability of agricultural and fishery-dependent communities to climate change, including continued impacts from 2008 Cyclone Nargis.
In addition to the benefits of disaster risk reduction and providing opportunities for fishing livelihoods, mangroves are a critical forest type for climate change mitigation as they store up to 4 times the amount of carbon as do other forest types.
Among Myanmar’s mangrove forests, those of the Delta are particularly threatened by demand for fuel wood/charcoal, and for expansion of rice, shrimp and salt production activities.
With these issues in mind, GGGI will undertake a series of workshops and consultations with national, and regional and local stakeholders throughout the Delta region to scope potential bio-economy commodities and investments that will enable socially inclusive green growth, and support national goals of climate change mitigation and adaptation in coastal areas.
This consultation will aim to understand who the actors in the existing value chains are and how different types of business models could be inclusive of smallholder farmers, casual workers, women, youth and the landless through sustainable jobs and livelihoods and access to services.
The results of these consultations will be presented to national and regional governments to begin project and investment identification.
GGGI’s green growth investments in the Ayeyarwady Delta will be designed to maximize opportunities for social co-benefits that contribute towards poverty reduction, gender equality and women’s empowerment, and inclusion of marginalized groups.
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