Deutsche Bank ESG Nature Series: “Mangroves – why they need protection”
The new CIO Nature Series promoted by Deutsche Bank, titled “Mangroves – why they need protection”, has been published.
In the new CIO Nature Series publication promoted by Deutsche Bank, titled “Mangroves – why they need protection”, the ESG focus shifts to mangroves and how they contribute to mitigate climate change, what threatens them and how we can save them.
Deutsche Bank published the research thanks to Markus Müller, Chief Investment Officer ESG & Global Head of Chief Investment Office, Afif Chowdhury, CESGA Investment Officer EMEA, and Daniel Sacco, CESGA Investment Officer EMEA.
In the new CIO Nature Series publication, the main focus is on mangroves, a lesser known kind of tree. Mangroves are tropical trees that can survive in environments where most types of plants cannot. They are highly important for biodiversity and play a crucial role as nature-based solutions to mitigate the effects of climate change, even though they make up less than 1% of all tropical forests worldwide. Mangroves provide food, wood for construction and fires, and economic revenue from fishing and tourism.
By one estimate, mangroves contribute USD33,000–57,000 per hectare per year to the national economies of underdeveloped countries where they are present, through the commodities and services they offer.
To read the whole publication, please click “Mangroves – why they need protection”.
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