European Commission / European Investment Bank / World Resources Institute / WWF
A sustainable blue economy is one that seeks to promote economic growth and preserve and improve livelihoods across a range of sectors, while ensuring the sustainable use of marine resources.
It is an economy based on circularity, collaboration, resilience, opportunity and inter-dependence. Its growth is driven by investments that reduce carbon emissions and pollution, enhance energy efficiency, harness the power of natural capital, and halt the loss of biodiversity and the benefits that these ecosystems provide.
By considering lending and insurance practices that take into account the health of our oceans, financial institutions can help preserve the life and economies that depend upon them.
Read the full initiative here