The ocean, covering 70% of the Earth's surface and holding 97% of all water, is critical for life and plays a vital role in climate regulation. The 'blue economy,' valued at $2.5trn annually, encompasses marine activities such as renewable energy, shipping, tourism, fishing, aquaculture, and blue technology, making oceans the seventh-largest economy by GDP with assets estimated at $24trn.
A sustainable blue economy offers investment opportunities and substantial environmental benefits.
However, the health of the ocean is under severe threat due to pollution, overexploitation of marine biodiversity, and climate change. These pressures pose risks to industries, businesses, and livelihoods within the entire blue economy. Despite the growing interest in sustainability from businesses and investors, awareness of the ocean's role in combating the climate and biodiversity crises remains low in the global investment industry. It is crucial that the momentum towards sustainability does not neglect the ocean and marine biodiversity.