Diving Deep: Finance, Ocean Pollution and Coastal Resilience

Ocean is a vital driver of planetary systems, a source of economic activity, livelihoods and food security. At the same time, the health of the global ocean is under threat from human activity, affecting climate change, pollution and nature loss, with existing financing being largely directed towards unsustainable sectors and activities. In an effort to address this challenge, there have been several important developments in recent years, notably the creation of the Sustainable Blue Economy Finance Principles (SBEFP, ‘The Principles’), which set out to define what financing a healthy and resilient ocean looks like. This guidance builds directly on the SBEFP and its ethos and seeks to apply these principles at a more granular level across sectors of the sustainable blue economy. The purpose of the guidance is to provide sector-specific, decision-useful information to banks, investors and insurers on how to avoid and mitigate environmental and social risks and impacts—and maximize opportunities—when providing capital to companies or projects within the blue economy. This second iteration builds on the sectoral focus of the first edition, Turning the Tide (UNEP FI 2021) and provides insights into two additional sectors of the blue economy: ◾ Coastal infrastructure and resilience; and ◾ Waste prevention and management.

Bibliographic Details

Main Author:	United Nations Environment Programme
Other Authors:	UN Environment Programme Finance Initiative
Format:	Manuals, Guides and Toolkits biblioteca
Language:	English
Published:	2022-03
Subjects:	COASTAL AREAS, COASTS, INFRASTRUCTURE, FINANCING, WASTE MANAGEMENT, PLASTICS, ENVIRONMENTAL FINANCING, CIRCULAR ECONOMY, FINANCE, POLLUTION, OCEANS,
Online Access:	https://wedocs.unep.org/20.500.11822/38498
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