The project, co-managed by Blue Ventures and the Velondriake Association in the Velondriake MPA, aims to establish  a sustainable, long-term mangrove payment for ecosystem services scheme which will reduce deforestation and degradation and restore mangroves in the Bay of Assassins (southwest Madagascar), avoiding emissions of over 1,300 tonnes of carbon dioxide per year.

Carbon credits generated by conserving and restoring mangrove ecosystems will make an important contribution to poverty alleviation and biodiversity conservation in the area by establishing a secure revenue flow offering communities the opportunity, where feasible, to construct schools, dig wells, provide community health services and other related services that will directly benefit community members of all ages. 

The Velondriake Association is progressively increasing their presence in the field in order to monitor the implementation of this project with relevant communities, playing a key outreach role.