Bali’s government is embarking on an ambitious new initiative to boost its economy and protect the environment simultaneously. Bali is setting its sights on new revenue sources through carbon credits by expanding coral reef restoration efforts at several locations. This opportunity is significant given that Bali’s coral reef ecosystem covers an impressive 7,742.41 hectares.
Dewa Made Indra, the Secretary of Bali’s Provincial Government, emphasized the significance of this project. “Coral reefs have a substantial capacity for carbon absorption. This potential will open up a new avenue for revenue,” he explained in a press release on July 29, 2024. This initiative marks a major step toward harnessing Bali’s natural assets for both ecological preservation and economic gain.
The restoration work has already commenced at Pemuteran Beach, located in the Gerokgak District of Buleleng Regency. Here, the restoration zone spans 2 hectares, a crucial start to the broader project. Pemuteran was selected for this initiative due to its proven track record of successful coral reef restoration, which has delivered both ecological and economic benefits.
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The health of the coral reefs in Pemuteran plays a vital role in sustaining local fish populations. Economically, well-maintained reefs draw tourists who are eager to experience Bali’s underwater wonders through snorkeling and diving. This increase in visitors highlights the economic value of maintaining vibrant coral ecosystems.
The ongoing coral reef restoration at Pemuteran has been a collaborative effort, supported by local communities and organizations. Dewa Indra noted that the local community has shown exceptional support for these conservation efforts.
“An interesting point is that the community here fully supports the coral reef preservation initiatives. This is demonstrated by their choice to avoid fishing in the restoration areas. They have recognized the positive impact of the coral reefs,” he said.
The restoration approach used in Pemuteran is the biorock method, which is proving effective. Dewa Indra believes this method could be adapted and applied to other marine areas.
“There are many methods for coral reef restoration, and the biorock method used here is one that could be studied and implemented elsewhere,” he added.
Coral reefs are home to a diverse range of fish species, including tuna, rays, and groupers. They also act as natural barriers, protecting shorelines from erosion caused by large waves.
National data from Indonesia reveals that the country’s coral reef ecosystem spans 2.53 million hectares as of 2021, with 270.16 hectares designated as conservation areas. Among the regions, Sulawesi boasts the largest coral reef ecosystem, covering 894,076.88 hectares, including 163.37 hectares of conservation zones.
This initiative by Bali’s government is not just about restoring coral reefs but also about setting a precedent for how local natural resources can be leveraged to support economic growth and environmental sustainability through carbon credits in Bali.
