Webinar 4: Introduction to Ocean Finance - Webinar Report. Spark Webinar Series: Understanding Environmental Finance

This is a webinar report for the SPARK Webinar series titled Introduction to Environmental Financing, Ocean Financing. This webinar focused on ocean finance and its pivotal role in driving investments towards initiatives promoting the sustainable utilization of ocean resources including both renewable and non-renewable resources. Despite the oceans being the largest reservoir of natural capital globally and supporting our livelihoods, they face significant threats from unsustainable human activities and the three planetary crises of climate change, biodiversity loss and pollution. Ocean finance emerges as an option for driving investments towards initiatives promoting the sustainable utilization of ocean resources including both renewable and non-renewable resources. However, current levels of investment from both public and private sectors fall short, leading to a significant financing gap. Therefore, necessitating the need of mobilizing sufficient ocean finance to positively impact ocean ecosystems through the exploration and implementation of innovative financing instruments.