Published June 2021
UNEP FI’s recommended exclusions list for a sustainable blue economy presents an overview of activities to exclude from financing due to their damaging impact on the ocean and high risk. It examines multiple ocean-related activities and covers various sectors including seafood, ports, maritime transportation, marine renewable energy, and coastal and marine tourism.
Based on the market-first practical guidance for financial institutions Turning the Tide developed by UNEP FI and more than 50 leading financial and supporting institutions, the recommended exclusions list gives an easy to use, at-a-glance overview of the activities to exclude from financing for a sustainable blue economy. With indicators of critical actions or behavior and ways to verify them, it allows financial institutions to assess their ocean-related financial activities and to manage risks.