Ishan @seefromthesky, Unsplash
How the ocean economy can catalyse sustainable growth
Manuela Stefania Fulga & Alfredo Giron, World Economic Forum
Over half the world’s gross domestic product depends on nature but increasing environmental and climate degradation are pushing ecosystems towards critical tipping points, exposing markets to major long-term risks.
The ocean economy is a powerful driver of sustainable growth, and a high-potential investment frontier that can generate jobs and economic value while restoring ecosystems.
Despite currently receiving less than 1% of official development assistance, ocean-focused investments are expanding rapidly, such as with blue bonds and specialized ocean investment funds.
Read the full article here.
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