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HIGH LEVEL PANEL FOR A SUSTAINABLE OCEAN ECONOMY : OCEAN PANEL BLUE PAPER: OCEAN FINANCE: FINANCING THE TRANSITION TO A SUSTAINABLE OCEAN ECONOMY

Publication Date: 
Thursday, October 22, 2020
Publication Type: 
Status: 
Only Available Online
Description: 

The ocean economy is a cornerstone of the global economy, contributing trillions each year. Despite this, the sector is drastically underinvested, with just 1% of the ocean economy’s total value invested in sustainable projects to date. With climate change, pollution and overfishing putting mounting pressure on the ocean, it is crucial to protect and manage human activity on the ocean. To do this effectively and achieve a sustainable ocean economy, significantly greater finance needs to be made available.


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