Mapping flows of blue economy finance: Ambitious narratives, opaque actions, and social equity risks

Simple item page
cg.contributor.affiliationWorldFishen_US
cg.contributor.affiliationUniversity of Wollongongen_US
cg.contributor.affiliationLancaster University, Lancaster Environment Centreen_US
cg.contributor.affiliationUniversity of Washington, College of the Environment, School of Marine and Environmental Affairsen_US
cg.contributor.affiliationUniversity of Wollongong, Australian National Center for Ocean Resources & Securityen_US
cg.contributor.affiliationUniversity of Washington, EarthLab, Nippon Foundation Ocean Nexus Centeren_US
cg.contributor.affiliationSimon Fraser Universityen_US
cg.contributor.donorCGIAR Trust Funden_US
cg.contributor.donorUniversity of Washington, EarthLab, Nippon Foundation Ocean Nexus Centeren_US
cg.contributor.initiativeAquatic Foodsen_US
cg.contributor.initiativeNational Policies and Strategiesen_US
cg.identifier.doihttps://doi.org/10.1016/j.oneear.2024.02.009en_US
cg.isijournalISI Journalen_US
cg.issn2590-3322en_US
cg.issn2590-3330en_US
cg.issue4en_US
cg.journalOne Earthen_US
cg.reviewStatusPeer Reviewen_US
cg.subject.actionAreaResilient Agrifood Systemsen_US
cg.subject.actionAreaSystems Transformationen_US
cg.volume7en_US
dc.contributor.authorSchutter, Marleenen_US
dc.contributor.authorCisneros-Montemayor, Andrésen_US
dc.contributor.authorVoyer, Michelleen_US
dc.contributor.authorAllison, Edward (Eddie)en_US
dc.contributor.authorDomarchuck-White, Calvinen_US
dc.contributor.authorBenzaken, Dominiqueen_US
dc.contributor.authorMohammed, Essam Yassinen_US
dc.date.accessioned2025-01-28T05:34:15Zen_US
dc.date.available2025-01-28T05:34:15Zen_US
dc.identifier.urihttps://hdl.handle.net/10568/170154en_US
dc.titleMapping flows of blue economy finance: Ambitious narratives, opaque actions, and social equity risksen_US
dcterms.abstractThe 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_US
dcterms.accessRightsOpen Accessen_US
dcterms.available2024-03-14en_US
dcterms.bibliographicCitationMarleen 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_US
dcterms.extent638-649en_US
dcterms.formatPDFen_US
dcterms.issued2024-04-19en_US
dcterms.languageenen_US
dcterms.licenseCC-BY-NC-4.0en_US
dcterms.publisherCell Pressen_US
dcterms.subjectfisheriesen_US
dcterms.subjectsdgsen_US
dcterms.subjectfishen_US
dcterms.subjectblue growthen_US
dcterms.subjectocean economyen_US
dcterms.subjectocean financeen_US
dcterms.subjectblue investmenten_US
dcterms.subjectfunding gapen_US
dcterms.subjectimpact investmenten_US
dcterms.typeJournal Articleen_US

Files

Original bundle

Now showing 1 - 1 of 1
Thumbnail Image
Name:
4e6fba32d4c1b13d5a540b40062067f1.pdf
Size:
2.66 MB
Format:
Adobe Portable Document Format
Description:
Journal Article
Download

License bundle

Now showing 1 - 1 of 1
Thumbnail Image
Name:
license.txt
Size:
1.75 KB
Format:
Item-specific license agreed upon to submission
Description:
Download

Collections

MEL submissions
CGIAR Initiative on Aquatic Foods
CGIAR Initiative on National Policies and Strategies
WorldFish Journal Articles