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The rapidly changing world of ocean finance
Stockholm University, Faculty of Science, Stockholm Resilience Centre. The University of Tokyo, Japan.ORCID iD: 0000-0002-0888-0159
Number of Authors: 22019 (English)In: Marine Policy, ISSN 0308-597X, E-ISSN 1872-9460, Vol. 107, article id UNSP 103526Article in journal (Refereed) Published
Abstract [en]

A suite of recent international commitments and aspirational targets related to ocean conservation and sustainable fisheries management suggest growing consensus among states regarding the urgency of action. Yet, securing adequate financial resources to achieve these goals will be a crucial hurdle for many countries and will depend on financing mechanisms that go beyond traditional official development assistance (ODA) and philanthropy. An expanding and diversifying universe of financing mechanisms, however, risks generating confusion, incoherence, and uneven outcomes. This Special Issue on Funding for ocean conservation and sustainable fisheries was conceived to gain insights into current and emerging trends in the rapidly evolving world of 'blue' finance. While one emphasis of the Special Issue is on ODA and philanthropy, additional contributions also cover new and emerging financing mechanisms. Throughout the Special Issue, authors reflect on important gaps, future perspectives and prospects for greater impact. Two relevant topics for the Special Issue, for which dedicated manuscripts are not available, are also briefly addressed: China's growing role as a provider of development finance and a shift to overtly transactional use of aid by the current US administration.

Place, publisher, year, edition, pages
2019. Vol. 107, article id UNSP 103526
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Environmental Sciences Ecology Economics and Business Political Science
Identifiers
URN: urn:nbn:se:su:diva-172981DOI: 10.1016/j.marpol.2019.103526ISI: 000482522500024OAI: oai:DiVA.org:su-172981DiVA, id: diva2:1351518
Available from: 2019-09-16 Created: 2019-09-16 Last updated: 2019-12-04Bibliographically approved

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