The strategy paper “Financing the Sustainable Blue Economy (SBE) in the context of the Convention on Biological Diversity (CBD)”, developed by Dr. Balakrishna Pisupati, Mr. Dennis Fritsch, and Mr. Ole Vestergaard from UNEP, was published in December 2022, prior to CBD COP15. The paper focuses on the achievement of the post-2020 GBF targets through the transition to an SBE, highlighting that the SBE framework is aligned with both the GBF’s goals of reducing threats to biodiversity (Targets 1-8) and meeting people’s sustainable use and benefit-sharing (Targets 9-13).  At country level, the transition to a SBE needs to be done through a strong policy framework, economic planning, integrated ocean accounting, integrated ocean accounting, sustainable financing and close engagement with the private sector and civil society (Targets 14-21). UNEP is facilitating the SBE policy shift and financial flows alignment through the Sustainable Blue Economy Transition Framework and the Sustainable Blue Economy Finance Initiative

Click here to view the PDF: Final - SBE and CBD Briefing note.pdf

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