Financing a sustainable ocean economy
Publication Name
Nature Communications
Abstract
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.
Open Access Status
This publication may be available as open access
Volume
12
Issue
1
Article Number
3259
Funding Sponsor
Social Sciences and Humanities Research Council of Canada