Ocean Finance: Financing the Transition to a Sustainable Ocean Economy

Publication details

Citation (APA)

Sumaila, U. R., Walsh, M., Hoareau, K., Cox, A., Abdallah, P., Akpalu, W., Anna, Z., Benzaken, D., Crona, B., Fitzgerald, T., Heaps, L., Karousakis, K., Lange, G.-M., Leland, A., Miller, D., Sack, K., Shahnaz, D., Teh, L., Thiele, T., et al. (2023). Ocean Finance: Financing the Transition to a Sustainable Ocean Economy. In (Editor), The Blue Compendium (pp. 309–331). Springer International Publishing. https://doi.org/10.1007/978-3-031-16277-0_9

Authors

U. Rashid Sumaila, Melissa Walsh, Kelly Hoareau, Anthony Cox, Patrízia Abdallah, Wisdom Akpalu, Zuzy Anna, Dominique Benzaken, Beatrice Crona, Timothy Fitzgerald, Louise Heaps, Katia Karousakis, Glenn-Marie Lange, Amanda Leland, Dana Miller, Karen Sack, Durreen Shahnaz, Louise Teh, Torsten Thiele, Niels Vestergaard, Nobuyuki Yagi, Junjie Zhang

Type: book chapter
Journal: The Blue Compendium
Volume / issue: pp. 309-331
Published: 2023
Publisher: Springer International Publishing
DOI: 10.1007/978-3-031-16277-0_9
License: https://creativecommons.org/licenses/by/4.0
Citations: 8
Publisher page: Open at publisher

Citation via doi.org · Metadata via Crossref

Abstract

The ocean covers more than 70% of Earth’s surface and plays a crucial role in providing ecosystem goods and services that sustain life and support the well-being of billions of people worldwide (Teh and Sumaila 2013; FAO 2018; Hoegh-Guldberg et al. 2019; IPBES (Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services) 2019). The ocean holds many economic opportunities, and many experts are recognising the need for a coordinated and sustainable approach to its use. Ocean finance can play a vital role in supporting sustainable development of the ocean economy by directing investments to sustainable development pathways that minimise ocean risks and maximise social equity, human well-being and environmental health.

Abstract

AbstractThe ocean covers more than 70% of Earth’s surface and plays a crucial role in providing ecosystem goods and services that sustain life and support the well-being of billions of people worldwide (Teh and Sumaila 2013; FAO 2018; Hoegh-Guldberg et al. 2019; IPBES (Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services) 2019). The ocean holds many economic opportunities, and many experts are recognising the need for a coordinated and sustainable approach to its use. Ocean finance can play a vital role in supporting sustainable development of the ocean economy by directing investments to sustainable development pathways that minimise ocean risks and maximise social equity, human well-being and environmental health.

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