Is finance flowing to sustainable oceans (SDG 14)? (BB 2)
Room: BB2
Description
The ocean is the planet’s main life support system; highly interconnected to all terrestrial ecosystems and the climate. More than 3 billion people rely on it for their livelihoods worldwide, and an expected global population of 9 billion by 2050 will require producing more food, energy and jobs from the ocean. For developing countries, ocean-based industries are key sources of income and drivers of economic
growth. However, emerging evidence suggests that SDG14 is among the least financed. Building on emerging evidence from the OECD and the High Level Panel for a Sustainable Ocean Economy, this session will provide a space to discuss current challenges and opportunities to align finance to life below water.
