Reframing Financing and Investment for a Sustainable Ocean Economy

Year of Publication

2020

This paper sets out a new framing of the challenges and opportunities for scaling up financing and investment for a sustainable ocean economy. It examines the particular challenges associated with financing sustainable ocean activities across different sectors and explores promising financing instruments, including by identifying learnings from elsewhere in the green finance sphere.

Source:

Organisation for Economic Co-operation and Development (OECD)

Author(s):

Andrew Prag, Kate Kooka, Piera Tortora, Anthony Cox

Geography:

Global

Type:

Measurement (System/Market/Tool), Strategy

Purpose of Measurement:

Solution Sets and Impact Potential, Understanding the Problem

Impact theme(s):

Policy, Capital Flows, Oceans, Climate

This paper sets out a new framing of the challenges and opportunities for scaling up financing and investment for a sustainable ocean economy. It examines the particular challenges associated with financing sustainable ocean activities across different sectors and explores promising financing instruments, including by identifying learnings from elsewhere in the green finance sphere.

This paper contributes to the OECD horizontal ocean project. To support government efforts to transition to a more sustainable ocean economy, the OECD is mobilising expertise across multiple policy fronts, covering environmental, economic, financial and social dimensions. Working with both developed and developing countries, the OECD aims to ensure that all societies can harness the benefits of the ocean on a sustainable and inclusive basis.