A healthy ocean is key for a sustainable future both for people and the planet. In economic terms the annual value of produced goods and services is estimated at USD 2.5 trillion per year, equivalent to the world’s 7th largest economy. However, ocean health is under threat, faced with the triple crises of pollution, nature loss and climate change.
Public and private sector actors provide the financing, investment and insurance required to power ocean-linked sectors. Whilst ocean-based industries such as shipping, seafood, coastal tourism, and marine renewable energy provide significant contributions to national and global economies, unsustainable activities have led to severe damage to ocean health and the resource base on which communities and many sectors depend.
The transition to a sustainable blue economy is an opportunity for financial institutions, governments and other stakeholders to re-cast how we use, manage, and protect ocean resources in line with the UN SDGs 13 – Climate Action, 14 – Life Below Water and 15 – Life on land.
However, for most financial institutions, whether investors, insurers or banks, and regardless of focus, size or breadth, the ocean and marine ecosystems are unchartered territory. Join this webinar to learn more about practical steps financial institutions can take to align their activities with ocean health and hear from pioneers and experts in the field of ocean finance.
This webinar is co-hosted by UNEP FI and the Government Offices of Sweden.