With the urgent need for accelerated climate action to halt the worst impacts of climate change, the world’s coastlines offer a natural solution in ‘blue carbon’ ecosystems that can have an immediate impact. Blue carbon ecosystems such as mangrove forests, seagrass beds and tidal marshes are vital natural assets. Their importance in helping to mitigate […]
The First Progress Report from The High Level Panel for a Sustainable Ocean Economy In 2020, the Ocean Panel released the Transformations, an ambitious ocean action agenda to transform how we produce, protect and prosper from the ocean. This agenda includes the shared ambition by all participating countries to sustainably manage 100% of their national […]
The paper demonstrates the role insurance can play in accelerating the transition and how ocean-related subsidies contribute to or detract from the sustainable ocean economy. It recommends approaches to be phased out and new solutions that incentivise sustainable management. ‘Ocean Finance: Financing the Transition to a Sustainable Ocean Economy’ was launched through a webinar, ‘Financing […]
This paper offers four principles for national ocean accounting and discusses methods for measuring and valuing ocean assets and their rise and decline. The paper paves the way to implement already-agreed statistical standards and new innovations in national accounting for the ocean, enabling the national accounts to become a more useful tool for creating a […]