Mangroves are salt-tolerant trees and shrubs that grow in tropical and subtropical coastal intertidal regions where freshwater mixes with seawater. They provide natural capital and ecosystem services such as protecting coastlines from floods and storms. While clearing mangroves for wood or shrimp farming can generate under $10,000 per hectare, retaining mangroves and accounting for their flood protection services can value them at over $16,000 per hectare, demonstrating the economic importance of valuing natural capital. Mangroves play a key role in coastal ecosystems and economies.