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Can Financial Innovation Make Oceans a Global Climate Solution?

by

Maria Damanaki

Global Managing Director, Oceans, The Nature Conservancy

Aerial view of the Nahtik Marine Protected Area adjacent to the Enipein Mangrove Forest Reserve, Pohnpei, Micronesia. Photo © Nick Hall / The Nature Conservancy
Aerial view of the Nahtik Marine Protected Area adjacent to the Enipein Mangrove Forest Reserve, Pohnpei, Micronesia. Photo © Nick Hall / The Nature Conservancy

We are at an important crossroads for the global health and sustainability of our oceans.

You cannot have a conversation about climate change without talking about sea level rise, increasingly severe coastal storms, damaged natural systems and other impacts to our oceans and coastal communities.

What excites me, however, is that the size of this global challenge presents us with an enormous opportunity to create positive change for oceans and people. And this opportunity has an important through-line: transforming our relationship with nature.

Nature deserves to be at the table as a key cost-effective strategy for climate action as well as ocean sustainability. The financial sector has a crucial role to play in helping ensure these nature-based solutions reach the scale of their global potential.


Originally Posted on The Journal of Sustainable Finance and Banking

November 19, 2015