Their first solution looks at mangroves. Bangladesh could protect and replant mangroves in coastal regions, which would serve as a natural buffer to cyclones while also sequestering carbon.
The complexity of the system and tendency for officials to delay or block the process encourages people to rely on informal title arrangements. But this informality weakens the security of property rights and undermines economic activity.
Their first solution looks at mangroves. Bangladesh could protect and replant mangroves in coastal regions, which would serve as a natural buffer to cyclones while also sequestering carbon.
The complexity of the system and tendency for officials to delay or block the process encourages people to rely on informal title arrangements. But this informality weakens the security of property rights and undermines economic activity.
