Mapping flows of blue economy finance: Ambitious narratives, opaque actions, and social equity risks
| cg.contributor.affiliation | WorldFish | en |
| cg.contributor.affiliation | University of Wollongong | en |
| cg.contributor.affiliation | Lancaster University, Lancaster Environment Centre | en |
| cg.contributor.affiliation | University of Washington, College of the Environment, School of Marine and Environmental Affairs | en |
| cg.contributor.affiliation | University of Wollongong, Australian National Center for Ocean Resources & Security | en |
| cg.contributor.affiliation | University of Washington, EarthLab, Nippon Foundation Ocean Nexus Center | en |
| cg.contributor.affiliation | Simon Fraser University | en |
| cg.contributor.donor | CGIAR Trust Fund | en |
| cg.contributor.donor | University of Washington, EarthLab, Nippon Foundation Ocean Nexus Center | en |
| cg.contributor.initiative | Aquatic Foods | |
| cg.contributor.initiative | National Policies and Strategies | |
| cg.identifier.doi | https://doi.org/10.1016/j.oneear.2024.02.009 | en |
| cg.isijournal | ISI Journal | en |
| cg.issn | 2590-3322 | en |
| cg.issn | 2590-3330 | en |
| cg.issue | 4 | en |
| cg.journal | One Earth | en |
| cg.reviewStatus | Peer Review | en |
| cg.subject.actionArea | Resilient Agrifood Systems | |
| cg.subject.actionArea | Systems Transformation | |
| cg.volume | 7 | en |
| dc.contributor.author | Schutter, Marleen | en |
| dc.contributor.author | Cisneros-Montemayor, Andrés | en |
| dc.contributor.author | Voyer, Michelle | en |
| dc.contributor.author | Allison, Edward (Eddie) | en |
| dc.contributor.author | Domarchuck-White, Calvin | en |
| dc.contributor.author | Benzaken, Dominique | en |
| dc.contributor.author | Mohammed, Essam Yassin | en |
| dc.date.accessioned | 2025-01-28T05:34:15Z | en |
| dc.date.available | 2025-01-28T05:34:15Z | en |
| dc.identifier.uri | https://hdl.handle.net/10568/170154 | |
| dc.title | Mapping flows of blue economy finance: Ambitious narratives, opaque actions, and social equity risks | en |
| dcterms.abstract | The blue economy provides a sustainability framework for ocean governance, but it is unclear whether narratives are matched by binding financial commitments and disbursements. Amid attention being paid to “funding gaps” in the Sustainable Development Goals, a lack of transparency in financial flows means that the blue economy concept risks being co-opted to facilitate further exploitation of ocean spaces and resources without contributing to environmental sustainability or social equity. Here, we analyze blue-economy-labeled money flows disbursed between 2017 and 2021 to identify sources and recipients and potential social equity impacts on the ground. Financing is predominantly disbursed to Europe and Central Asia and skewed toward business development and renewable energy. Our analysis reveals widespread occurrence of “red flags” for social equity outcomes. Although constrained to money flows that actively employ blue economy language, our findings show disconnects between finance and narratives of equity, inclusion, and sustainability. We offer a baseline for critical examination of blue finance flows in delivering equity and environmental sustainability. | en |
| dcterms.accessRights | Open Access | |
| dcterms.available | 2024-03-14 | en |
| dcterms.bibliographicCitation | Marleen Schutter, Andrés Cisneros-Montemayor, Michelle Voyer, Edward (Eddie) Allison, Calvin Domarchuck-White, Dominique Benzaken, Essam Yassin Mohammed. (19/4/2024). Mapping flows of blue economy finance: Ambitious narratives, opaque actions, and social equity risks. One Earth, 7 (4), pp. 638-649. | en |
| dcterms.extent | 638-649 | en |
| dcterms.format | en | |
| dcterms.issued | 2024-04-19 | en |
| dcterms.language | en | |
| dcterms.license | CC-BY-NC-4.0 | |
| dcterms.publisher | Cell Press | en |
| dcterms.subject | fisheries | en |
| dcterms.subject | sdgs | en |
| dcterms.subject | fish | en |
| dcterms.subject | blue growth | en |
| dcterms.subject | ocean economy | en |
| dcterms.subject | ocean finance | en |
| dcterms.subject | blue investment | en |
| dcterms.subject | funding gap | en |
| dcterms.subject | impact investment | en |
| dcterms.type | Journal Article |