Financing a sustainable ocean economy

Sumaila U.R., Walsh M., Hoareau K., Cox A., Teh L., Abdallah P., Akpalu W., Anna Z., Benzaken D., Crona B., Fitzgerald T., Heaps L., Issifu I., Karousakis K., Lange G.M., Leland A., Miller D., Sack K., Shahnaz D., Thiele T., Vestergaard N., Yagi N., Zhang J.

Fisheries Economics Research Unit, University of British Columbia, Vancouver, BC, Canada; Marine Conservation Finance Consulting and Ocean Finance Initiative, Asian Development Bank, Metro Manila, Philippines; University of Seychelles James Michel Blue Economy Research Institute, University of Seychelles, Anse Royale, Seychelles; Organization for Economic Co-operation and Development, Paris, France; Universidade Federal do Rio Grande—FURG, Rio Grande, Brazil; Ghana Institute of Management and Public Administration, Accra, Ghana; SDGs Center Universitas Padjadjaran, Kota Bandung, Indonesia; Australian National Centre for Ocean Resources and Security, Wollongong, NSW, Australia; The Royal Swedish Academy of Science, Stockholm, Sweden; Environmental Defense Fund, Washington, DC, United States; WWF-United Kingdom, Surrey, United Kingdom; The World Bank, Washington, DC, United States; Oceana-Europe, London, United Kingdom; Ocean Unite, Washington, DC, United States; Impact Investment Exchange (IIX), Singapore, Singapore; London School of Economics, London, United Kingdom; University of Southern Denmark, Odense, Denmark; University of Tokyo, Tokyo, Japan; Duke Kunshan University, Kunshan, China


The ocean, which regulates climate and supports vital ecosystem services, is crucial to our Earth system and livelihoods. Yet, it is threatened by anthropogenic pressures and climate change. A healthy ocean that supports a sustainable ocean economy requires adequate financing vehicles that generate, invest, align, and account for financial capital to achieve sustained ocean health and governance. However, the current finance gap is large; we identify key barriers to financing a sustainable ocean economy and suggest how to mitigate them, to incentivize the kind of public and private investments needed for topnotch science and management in support of a sustainable ocean economy. © 2021, The Author(s).


Nature Communications

Publisher: Nature Research

Volume 12, Issue 1, Art No 3259, Page – , Page Count

Journal Link:

doi: 10.1038/s41467-021-23168-y

Issn: 20411723

Type: All Open Access, Gold, Green


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