Enabling a sustainable blue future through One Ocean Finance

Great to be in Busan, Korea, for the Our Ocean Conference and the One Ocean Finance Busan Dialogue Series! 🌊

🌏 One Ocean Finance, a financing facility for a sustainable blue future, is a major planned public-private development finance mechanism being conceptualised by UN Environment Programme, United Nations Capital Development Fund (UNCDF), UNDP, United Nations Global Compact with partners such as IUCN, Ocean Risk and Resilience Action Alliance, World Economic Forum, World Resources Institute and Catalytic Finance Foundation. It harnesses a first-of-its-kind architecture designed to activate the full capital stack across multiple forms of capital and funding providers to leverage up to USD$170 billion in investment toward the sustainable use and protection of ocean resources by 2040.

💙 One Ocean will be positioned to meet the scale of the changes needed to drive market expansion, spur innovation in emerging ocean sectors, and underpin global ocean efforts and actors; ultimately enabling a sustainable blue future where economic growth is decoupled from unsustainable ocean exploitation. Partnerships between governments, business, financial institutions and civil society organisations will be critical in making this vision a reality.

🌊 As David Attenborough’s Ocean documentary highlights, marine life has a remarkable ability to regenerate when properly managed and protected. Redirecting financial flows from ocean destruction to ocean-positive activities is one of the biggest challenges of our time. One Ocean Finance could help catalyse the change needed.

💡 The One Ocean Finance team, including the United Nations Environment Programme Finance Initiative (UNEP FI), will be at the Blue Economy & Finance Forum (BEFF) in Monaco and the UN Ocean Conference (UNOC) in Nice in June. Get in touch if you’d like to learn more!