West Bengal state of India hosts some of the major mangrove habitats of the world including the Sundarbans mangrove forests in the delta of the Ganga-Brahmaputra-Meghna (GBM) the largest single block mangrove forests of the world. In past, majority of aquaculture farms were installed by clearance of mangrove area in buffer zone and thus lead to potential loss of mangrove cover in Sundarban and its adjacent areas. Traditional brakishwater shrimp farming is one of the major livelihoods in this region and the farms are operated since longtime. Recently shrimp farming communities have experienced low productivity, disease outbreaks etc due to environmental degradation as a result of mangrove deforestation which ultimately affecting livelihoods of the impecunious shrimp farming communities. Preventing mangrove loss and the conservation of mangrove forests can help sequestration and reduction of emission of blue carbon for climate change mitigation. Integration of mangroves into shrimp farming system can be a potential solution to environmental problems (e.g., biotic depletion, eutrophication, soil and water salinization, and water pollution) faced by shrimp aquaculture. Integrated mangrove-shrimp cultivation can help to reduce blue carbon emissions through mangrove restoration, which in turn sequesters blue carbon. In addition to physical production, socioeconomic and environmental productivity can be distinguished in integrated mangrove-shrimp farming. Shrimp production with the integration of mangroves is economically viable due to achieving considerable profit and provides livelihood diversification with regular income for coastal people.