The ocean is fundamental for supporting all life on Earth and requires urgent investment to curb rising threats such as the climate crisis, pollution and unsustainable fishing. $175 billion per year is needed to achieve SDG14 by 2030, and yet, between 2015 and 2019, just below $10 billion in total was invested. Of the 17 SDGs outlined by the United Nations 2030 Agenda in 2015, the ocean goal is the least funded.
This white paper, commissioned by the World Economic Forum's Friends of Ocean Action, provides a framework for tracking and monitoring investments in and progress towards SDG14. Status-quo regimes are no longer viable; investment in ocean health must be redirected towards sustainable financing opportunities if SDG14 is to be fully realized by 2030.
Further reading All related content
What is World Ocean Day?
World Ocean Day is celebrating its 30th anniversary. Thousands of events will be hosted by youth groups, schools, aquariums and businesses in 150 countries.
Blue economy: how business leaders and scientists are improving ocean health
The blue economy is rising. Learn how innovative global businesses are working together to protect, restore and support the ocean and the blue economy.
Can ocean health lead to wealth? Our latest House on Fire podcast tackles blue finance
Our latest House on Fire podcast looks at marine conservation and the huge economic and environmental opportunities it offers.