The Basics
Who Sets the Rules in Blue Finance
Blue finance has no governing body. The international rules are voluntary, written by five organizations together. Canada is now writing its own, with marine protection scheduled for a later phase.
The Basics
The core ideas behind blue finance, covering how economic activity connects to ocean systems in practice and what those connections produce.
The Ocean is Part of the Economy
The ocean economy is counted at two to three trillion dollars a year. That number covers the industries that touch salt water, and it leaves out most of what depends on the ocean without touching it.
The Basics
What is Blue Finance?
Financing an ocean industry is not the same as blue finance. What the term covers, where its boundary sits, what the major frameworks refuse to fund, and how far Canada has got.
The Basics
The Blue Economy and Blue Finance
Canada has a very large blue economy. That tells you almost nothing about whether its oceans are being financed well. The two get confused all the time, and the confusion is comfortable, which is exactly the problem.
The Basics
How Blue Finance Principles Change Financial Practices
IFC will treat a fish plant as blue only in jurisdictions enforcing sustainable quotas, and offshore wind only after a year of baseline surveys. What blue finance principles change is how far outside a project a financing decision has to look.
The Basics
What Blue Carbon Actually Is
Blue carbon is usually pictured as mangroves and seagrass. The part that does the climate work is harder to see, and it changes what a carbon credit is actually buying.
The Basics
The Origins of Blue Finance
The term blue economy was argued into existence in 2011 by countries that are mostly on the water. It took another seven years to become something an investor could buy.
The Basics
The Core Concepts Behind Blue Finance
Finance almost never touches the ocean directly. It funds a vessel, a plant, a wharf upgrade. Understanding that chain, from a credit decision to an ecological outcome, is where blue finance starts.