The Sustainable Ocean for All: Harnessing the benefits of sustainable ocean economies for developing countries is finally out: oe.cd/SOA20

The report was launched on Tuesday, at a high level virtual event that saw the participation of high level representatives from Cabo Verde, Kenya, Norway, Barbados, Canada, Portugal, and others. If you missed it, the high level launch event can be watched here:  https://youtu.be/U_cqPABVBQQ

To provide for a more in-depth discussion on the report findings on development finance and development co-operation, a webinar will take place his coming Monday,14 September 2020 at 11am CET. 

The webinar will discuss the following questions:

·         How much development finance is channelled toward the ocean economies of developing countries, and is it really helping to enhance the sustainability of ocean-based sectors and ocean health?

·         In what ways is development finance being used to mobilise private finance, and what new financing instruments (such as blue bonds, new ocean insurance schemes, etc.) are available to fund sustainable ocean economies?

·         What role can development co-operation play to re-orient finance away from unsustainable economic activities?

This report is part of the Sustainable Ocean for All initiative launched in 2019 to assist developing countries address pressures on ocean and marine ecosystem services (e.g. pollution, over-fishing, climate change, habitat degradation) and chart a new course for sustainable development to tackle poverty, unemployment and food insecurity.

The event will be moderated by Jens Sedemund, Head of Environment & Climate Change Team Unit, Financing for Sustainable Development Division, OECD Development Co-operation Directorate, and will be structured as follows:

·         Opening remarks:

o   Jorge Moreira da Silva, Director of the OECD Development Co-operation Directorate

o   Russell Reichelt, Australia’s Prime Minister Sherpa to the High Level Panel for a Sustainable Ocean Economy

·         Presentation of key findings

o   Piera Tortora, OECD Development Co-operation Directorate

·         Discussants:

o   Dennis Fritsch, United Nations Environment Programme Finance Initiative, Sustainable Blue Economy Project Coordinator

o   DAC member representative (tbc)

·         Q&A

Registrations closed