Dec 5, 2022
The importance of blue finance
The interest of the financial community is growing exponentially
With an annual economic value estimated at USD$3 trillion, equivalent to the world’s 7th largest economy, the blue economy is increasingly attracting investors, insurers and banks as a new source of prosperity. In this framework, blue finance is an emerging area in climate finance in which the interest of the financial community in blue bonds and blue loans, as innovative instruments that earmark funds exclusively for ocean-friendly projects and protecting critical clean water resources, is growing exponentially.