Riding the Blue Wave : Applying the Blue Economy Approach to World Bank Operations

In close collaboration with international institutions, development partners, and client countries, the World Bank is leading the effort to develop and operationalize the concept of the blue economy by focusing on the integration and sustainability of different oceanic sectors. The aim is to limit their impacts on ocean health, taking into account the additional risks posed by climate change. The blue economy approach to ocean development therefore aligns well with the World Bank’s twin goals of reducing extreme poverty and enhancing shared prosperity. The main objective of this document is to provide guidance on how to apply a blue economy lens to Bank operations. To this end, it aims to: ensure that the World Bank’s operations around oceanic activities are developed with a view to improving the necessary integration between different economic sectors, both on land and at sea, and avoiding unnecessary impacts on ocean health; and identify means to scale up blue economy activities, including through new sources of innovative blue finance. To achieve these goals, two related streams of work are identified: one focused on promoting an integrated approach to the sustainable development of oceanic sectors, and the other focused on increasing blue financing.

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Bibliographic Details
Main Author: World Bank
Format: Working Paper biblioteca
Language:English
Published: World Bank, Washington, DC 2021
Subjects:OCEAN HEALTH, BLUE ECONOMY, MARINE ENVIRONMENT, SUSTAINABILITY, OCEAN DEVELOPMENT, BLUE FINANCE,
Online Access:http://documents.worldbank.org/curated/en/099655003182224941/P16729802d9ba60170940500fc7f7d02655
http://hdl.handle.net/10986/37212
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spelling dig-okr-10986372122022-03-26T09:27:31Z Riding the Blue Wave : Applying the Blue Economy Approach to World Bank Operations World Bank OCEAN HEALTH BLUE ECONOMY MARINE ENVIRONMENT SUSTAINABILITY OCEAN DEVELOPMENT BLUE FINANCE In close collaboration with international institutions, development partners, and client countries, the World Bank is leading the effort to develop and operationalize the concept of the blue economy by focusing on the integration and sustainability of different oceanic sectors. The aim is to limit their impacts on ocean health, taking into account the additional risks posed by climate change. The blue economy approach to ocean development therefore aligns well with the World Bank’s twin goals of reducing extreme poverty and enhancing shared prosperity. The main objective of this document is to provide guidance on how to apply a blue economy lens to Bank operations. To this end, it aims to: ensure that the World Bank’s operations around oceanic activities are developed with a view to improving the necessary integration between different economic sectors, both on land and at sea, and avoiding unnecessary impacts on ocean health; and identify means to scale up blue economy activities, including through new sources of innovative blue finance. To achieve these goals, two related streams of work are identified: one focused on promoting an integrated approach to the sustainable development of oceanic sectors, and the other focused on increasing blue financing. 2022-03-24T19:42:27Z 2022-03-24T19:42:27Z 2021 Working Paper http://documents.worldbank.org/curated/en/099655003182224941/P16729802d9ba60170940500fc7f7d02655 http://hdl.handle.net/10986/37212 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Working Paper
institution Banco Mundial
collection DSpace
country Estados Unidos
countrycode US
component Bibliográfico
access En linea
databasecode dig-okr
tag biblioteca
region America del Norte
libraryname Biblioteca del Banco Mundial
language English
topic OCEAN HEALTH
BLUE ECONOMY
MARINE ENVIRONMENT
SUSTAINABILITY
OCEAN DEVELOPMENT
BLUE FINANCE
OCEAN HEALTH
BLUE ECONOMY
MARINE ENVIRONMENT
SUSTAINABILITY
OCEAN DEVELOPMENT
BLUE FINANCE
spellingShingle OCEAN HEALTH
BLUE ECONOMY
MARINE ENVIRONMENT
SUSTAINABILITY
OCEAN DEVELOPMENT
BLUE FINANCE
OCEAN HEALTH
BLUE ECONOMY
MARINE ENVIRONMENT
SUSTAINABILITY
OCEAN DEVELOPMENT
BLUE FINANCE
World Bank
Riding the Blue Wave : Applying the Blue Economy Approach to World Bank Operations
description In close collaboration with international institutions, development partners, and client countries, the World Bank is leading the effort to develop and operationalize the concept of the blue economy by focusing on the integration and sustainability of different oceanic sectors. The aim is to limit their impacts on ocean health, taking into account the additional risks posed by climate change. The blue economy approach to ocean development therefore aligns well with the World Bank’s twin goals of reducing extreme poverty and enhancing shared prosperity. The main objective of this document is to provide guidance on how to apply a blue economy lens to Bank operations. To this end, it aims to: ensure that the World Bank’s operations around oceanic activities are developed with a view to improving the necessary integration between different economic sectors, both on land and at sea, and avoiding unnecessary impacts on ocean health; and identify means to scale up blue economy activities, including through new sources of innovative blue finance. To achieve these goals, two related streams of work are identified: one focused on promoting an integrated approach to the sustainable development of oceanic sectors, and the other focused on increasing blue financing.
format Working Paper
topic_facet OCEAN HEALTH
BLUE ECONOMY
MARINE ENVIRONMENT
SUSTAINABILITY
OCEAN DEVELOPMENT
BLUE FINANCE
author World Bank
author_facet World Bank
author_sort World Bank
title Riding the Blue Wave : Applying the Blue Economy Approach to World Bank Operations
title_short Riding the Blue Wave : Applying the Blue Economy Approach to World Bank Operations
title_full Riding the Blue Wave : Applying the Blue Economy Approach to World Bank Operations
title_fullStr Riding the Blue Wave : Applying the Blue Economy Approach to World Bank Operations
title_full_unstemmed Riding the Blue Wave : Applying the Blue Economy Approach to World Bank Operations
title_sort riding the blue wave : applying the blue economy approach to world bank operations
publisher World Bank, Washington, DC
publishDate 2021
url http://documents.worldbank.org/curated/en/099655003182224941/P16729802d9ba60170940500fc7f7d02655
http://hdl.handle.net/10986/37212
work_keys_str_mv AT worldbank ridingthebluewaveapplyingtheblueeconomyapproachtoworldbankoperations
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