TY - JOUR
T1 - Financing a sustainable ocean economy
AU - Sumaila, U. Rashid
AU - Walsh, Melissa
AU - Hoareau, Kelly
AU - Cox, Anthony
AU - Teh, Louise
AU - Abdallah, Patrízia
AU - Akpalu, Wisdom
AU - Anna, Zuzy
AU - Benzaken, Dominique
AU - Crona, Beatrice
AU - Fitzgerald, Timothy
AU - Heaps, Louise
AU - Issifu, Ibrahim
AU - Karousakis, Katia
AU - Lange, Glenn Marie
AU - Leland, Amanda
AU - Miller, Dana
AU - Sack, Karen
AU - Shahnaz, Durreen
AU - Thiele, Torsten
AU - Vestergaard, Niels
AU - Yagi, Nobuyuki
AU - Zhang, Junjie
N1 - Funding Information:
We thank World Resources Institute for providing support as the Secretariat for the High-Level Panel for a Sustainable Ocean Economy. URS and LT also thank the OceanCanada Partnership, which is sponsored by the Social Sciences and Humanities Council of Canada (SSHRC). Finally, we want to thank Patricia Tiffany Angkiriwang for the design of Figs. 1, 3, 4, and 5. While numerous colleagues were very generous with their time and input, this report reflects the views of the authors alone, and does not necessarily reflect the views of the organizations or their countries of employment.
Publisher Copyright:
© 2021, The Author(s).
PY - 2021/12
Y1 - 2021/12
N2 - 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.
AB - 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.
UR - https://doi.org/10.1038/s41467-022-29418-x
U2 - 10.1038/s41467-021-23168-y
DO - 10.1038/s41467-021-23168-y
M3 - Journal article
C2 - 34103490
AN - SCOPUS:85107800803
SN - 2041-1723
VL - 12
JO - Nature Communications
JF - Nature Communications
IS - 1
M1 - 3259
ER -