Achieving a sustainable ocean economy in 2030 and beyond

- Author: United Nations Conference on Trade and Development
- Main Title: Trade and Environment Review 2023 , pp 61-69
- Publication Date: June 2023
- DOI: https://doi.org/10.18356/9789210027199c008
- Language: English
Achieving the SDG 14 targets requires improved alignment of policies across multiple sectors, the integration of sustainable human uses with environmental conservation and social equity, and the use of more holistic and integrated approaches. These approaches should aim to ensure policy coherence, identify and manage trade-offs between sector-specific objectives, and take advantage of synergies where science, policies, investment, capacity and innovations can deliver benefits to multiple sectors. It also requires bold initiatives and actions to prioritize and scale-up access to affordable financing, which has often been limited. This situation has become even more difficult as many countries have shifted priorities to address the impacts of COVID-19 and the war in Ukraine. In addition, many developing countries have taken on unsustainable levels of external debt that further act as a barrier for transitioning to a sustainable ocean economy.
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