Incentivising Businesses to Adopt Action for the Protection of Coastal Nature and Biodiversity in Malaysia, 2021-2022

Nexus Action for Mangroves in Selangor, Malaysia: Protection Through Value Creation for Community-Public-Private Partnerships (NexAMS) is an 18-month project aimed at advancing policy and business initiatives for improved, inclusive mangrove protection through sustainable use, and building public-private-community partnerships, focusing on the state of Selangor. When it comes to natural climate solutions, the private sector is uniquely positioned as both a catalyst and accelerator. It is considered to have the resources to invest in mangrove protection and mitigation. This study will build a business case for mangrove interactions including how businesses can alter actions to mitigate and offset future impacts and initiate new interactions with mangroves (including details of value creation and competitive advantage, as well as factors needed for success and returns on investment). The business case will explore the idea of businesses being more conscious of mangroves in their decision-making. These include actions such as adopting a natural capital approach / considering nature-based solutions, in all that they do and in pursuit of their own aims and objectives. While the focus is on private sector impacts on mangroves, this study also looks at policy assessments, such as SWOT analysis of existing policies and plans that influence mangroves, including their contribution to the biodiversity impact mitigation hierarchy.