Financing the Ocean Back to Health in Southeast Asia: Approaches for Mainstreaming Blue Finance

Summary

This publication identifies investment approaches, opportunities, and finance mechanisms in Southeast Asia that can promote and catalyze funds for a sustainable ocean economy.

It provides an overview of the blue economy and emphasizes its significance for protecting the biodiversity of natural resources in Southeast Asia. The blue economy is defined as the sustainable use of ocean and coastal resources to drive economic growth and improve livelihoods, while protecting and nurturing marine ecosystems. The publication looks how multilateral and bilateral funding sources, a market-based approach, incentives, and regulations can contribute to achieving a blue economy. It also discusses how these elements need to be aligned within a cohesive development framework.