This year the World Economic Forum Global Risk Report identified biodiversity loss and human environmental damage as two of the biggest risks to the global economy.
Continued business-as-usual approaches will result in reduced natural capital－such as fish from the sea－and disruptions in supply chains. These pose a risk to most businesses, even those that indirectly rely on the ocean, as more than half of global GDP is moderately or highly dependent on nature.
Demand for sustainable investment increasing
Pressure is building on unsustainable businesses to disclose climate-and nature-related risks. With credit rating agencies mainstreaming sustainability assessments and transition planning, and global accounting standards being updated to ensure inclusion of sustainability risks, there is simply no place to hide.
Time to ride the tide of blue ocean business | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
The global economy would not exist without the ocean. Ocean-based industries contribute $1.5 trillion annually and hundreds of millions of jobs in fishing, shipping, marine tourism, and renewable energy. These economic services, however, are at.
The Good Men Project
Become a Premium Member
We have pioneered the largest worldwide conversation about what it means to be a good man in the 21st century.
Your support of our work is inspiring and invaluable.
A Shift in Financing Can Make Our Fisheries More Sustainable
Fisheries are an inherently renewable resource
Our oceans provide around 90 million tons of wild-captured seafood each year. Fishing communities, businesses and consumers alike rely on healthy ecosystems and fisheries to continue to source, sell and eat fish.
Unfortunately, over a third of the world’s fisheries have been overexploited and the health of the ecosystems on which they depend is in decline. Despite these realities, seafood still holds much promise. The World Bank has indicated that fishery production globally could be worth $83 billion more each year if fisheries were managed at sustainable levels.