How policy, capital, and institutions need to evolve to support ocean outcomes in Canada, and what standing in the way of that evolution looks like from the ground.
A Path Forward
Nothing new has to be built. Canadian directors already owe their duty to the corporation rather than its shareholders, the regulatory expectations are already written, and the credit tools already work. Blue finance will take hold here through those, or not at all.
A Path Forward
Banks already know how to price changing conditions. But a seven-year loan can fund a thirty-year asset, and conditions don’t reset at the end of the term. Blue finance doesn’t need new machinery. It needs the machinery we have applied over the horizon the assets actually run on.