The wetlands of the Mekong Delta (MD) have contributed prominently to economic development in Vietnam, especially to agricultural and fisheries development. Unfortunately, the design of wetland utilization has traditionally been considered from an economic rather than ecological perspective, and wetlands utilization has suffered from a lack of scientific guidance. Many wetlands have been lost because their full value to society was not taken into account. Furthermore, the status of the delta's biodiversity is both poorly known and poorly documented. Decades of over-exploitation of the wetland ecosystems have had detrimental effects on the environment. The maintenance of the important economic functions of the MD is dependent on maintaining the wetlands' ecosystem functions.This thesis addresses several gaps in the broader wetland conservation literature by focusing on the research problem "How can the drivers of land use change in the study area be better managed to lead to more sustainable outcomes?" Using Systems Thinking in combination with Bayesian Belief Networks modelling methods, and a case study of the Phu My Lepironia grassland biodiversity conservation in Kien Giang, Vietnam, this thesis examines how successful community-based wetlands conservation can be achieved in the Mekong Delta. The study is comprised of the following components: (1) a review of the history of the drivers of wetlands degradation in the MD in order to better understand the transformation of the delta's wetlands in different periods, and an analyses of the driving forces of wetland loss and the underlying causes that derive from the differing policies of political regimes; (2) a study of various factors that influence wetlands grassland degradation and the likely consequences of conservation of the wetlands for carbon stocks; and (3) an analysis of the factors affecting how local communities' decide to make changes in their land use practices, and policy interventions that lead to the enhancement of livelihoods and improved sustainability of wetland grassland conservation in the study area.The drivers that have contributed to wetland loss and degradation in the Mekong Delta over the course of 200 years can be divided into five periods. The drivers of wetland losses have included: (1) resettlement and economic development policies; (2) population growth and urbanization; (3) demand for food and reclamation of wetlands for agriculture, construction of canals and construction of dikes for flood protection systems; (4) expansion of travel systems (waterways and roads); and (5) exploitation of wetlands natural resources. As a result of these factors, only 0.068 million ha of the original 4.0 million ha of the MD currently remain as a primary swamp forest ecosystem.ii The analysis presented in this thesis estimates the value of CO2 sequestered by different Mekong Delta wetland ecosystems (mangroves, Melaleuca swamps and wetland grasslands) to be between 5.53 Mt CO2e for grasslands ecosystem to 37.49 Mt CO2e for mangrove ecosystem...