How a Changing Ocean Reaches Finance
Warmer water puts more energy into a storm, and the storm reaches a wharf, a season's revenue and a credit file. How ocean change arrives in finance before finance sees where it came from.
The Basics
What Financial History Can Teach Us About Blue Finance
Amsterdam in 1609, Lloyd’s coffee house and a Chicago grain elevator all turn on the same question: what has to exist before a stranger will finance something they cannot inspect?
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 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.