A Sustainable Ocean Economy—often termed the sustainable blue economy—is increasingly recognized as both an ecological imperative and a financial opportunity. As the ocean contributes critical ecosystem services, food security, and economic prosperity, its value continues to grow. If the ocean economy were treated as a country, it would have ranked as the fifth-largest globally in 2019, with its gross value added doubling from US$1.3 trillion in 1995 to US$2.6 trillion in 2020, according to the OECD. This growth, averaging 2.8% annually, underscores the ocean’s expanding role in global sustainable development and economic resilience.
For the financial sector, the transition to a Sustainable Ocean Economy presents a unique investment frontier. Private capital is positioned to drive this transition by funding the modernization of trade and energy infrastructure, sustainable food systems, and emerging ocean-related sectors. The Ocean Investment Protocol provides a framework for financial institutions, insurers, development banks, and ocean-based industries to align with Sustainable Development Goal 14 (Life Below Water) and related objectives. By proactively managing environmental risks and leveraging sustainable opportunities, the finance industry can play a pivotal role in shaping a thriving, resilient ocean economy.