Riding the Blue Wave : Applying the Blue Economy Approach to World Bank Operations

In close collaboration with international institutions, development partners, and client countries, the World Bank is leading the effort to develop and operationalize the concept of the blue economy by focusing on the integration and sustainability...

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Main Author:	World Bank
Format:	Working Paper
Language:	English
Published:	World Bank, Washington, DC 2022
Subjects:	OCEAN HEALTH BLUE ECONOMY MARINE ENVIRONMENT SUSTAINABILITY OCEAN DEVELOPMENT BLUE FINANCE
Online Access:	http://documents.worldbank.org/curated/en/099655003182224941/P16729802d9ba60170940500fc7f7d02655 http://hdl.handle.net/10986/37212

id	okr-10986-37212
recordtype	oai_dc
spelling	okr-10986-372122022-03-26T09:27:31Z Riding the Blue Wave : Applying the Blue Economy Approach to World Bank Operations World Bank OCEAN HEALTH BLUE ECONOMY MARINE ENVIRONMENT SUSTAINABILITY OCEAN DEVELOPMENT BLUE FINANCE In close collaboration with international institutions, development partners, and client countries, the World Bank is leading the effort to develop and operationalize the concept of the blue economy by focusing on the integration and sustainability of different oceanic sectors. The aim is to limit their impacts on ocean health, taking into account the additional risks posed by climate change. The blue economy approach to ocean development therefore aligns well with the World Bank’s twin goals of reducing extreme poverty and enhancing shared prosperity. The main objective of this document is to provide guidance on how to apply a blue economy lens to Bank operations. To this end, it aims to: ensure that the World Bank’s operations around oceanic activities are developed with a view to improving the necessary integration between different economic sectors, both on land and at sea, and avoiding unnecessary impacts on ocean health; and identify means to scale up blue economy activities, including through new sources of innovative blue finance. To achieve these goals, two related streams of work are identified: one focused on promoting an integrated approach to the sustainable development of oceanic sectors, and the other focused on increasing blue financing. 2022-03-24T19:42:27Z 2022-03-24T19:42:27Z 2021 Working Paper http://documents.worldbank.org/curated/en/099655003182224941/P16729802d9ba60170940500fc7f7d02655 http://hdl.handle.net/10986/37212 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Working Paper
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	OCEAN HEALTH BLUE ECONOMY MARINE ENVIRONMENT SUSTAINABILITY OCEAN DEVELOPMENT BLUE FINANCE
spellingShingle	OCEAN HEALTH BLUE ECONOMY MARINE ENVIRONMENT SUSTAINABILITY OCEAN DEVELOPMENT BLUE FINANCE World Bank Riding the Blue Wave : Applying the Blue Economy Approach to World Bank Operations
description	In close collaboration with international institutions, development partners, and client countries, the World Bank is leading the effort to develop and operationalize the concept of the blue economy by focusing on the integration and sustainability of different oceanic sectors. The aim is to limit their impacts on ocean health, taking into account the additional risks posed by climate change. The blue economy approach to ocean development therefore aligns well with the World Bank’s twin goals of reducing extreme poverty and enhancing shared prosperity. The main objective of this document is to provide guidance on how to apply a blue economy lens to Bank operations. To this end, it aims to: ensure that the World Bank’s operations around oceanic activities are developed with a view to improving the necessary integration between different economic sectors, both on land and at sea, and avoiding unnecessary impacts on ocean health; and identify means to scale up blue economy activities, including through new sources of innovative blue finance. To achieve these goals, two related streams of work are identified: one focused on promoting an integrated approach to the sustainable development of oceanic sectors, and the other focused on increasing blue financing.
format	Working Paper
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Riding the Blue Wave : Applying the Blue Economy Approach to World Bank Operations
title_short	Riding the Blue Wave : Applying the Blue Economy Approach to World Bank Operations
title_full	Riding the Blue Wave : Applying the Blue Economy Approach to World Bank Operations
title_fullStr	Riding the Blue Wave : Applying the Blue Economy Approach to World Bank Operations
title_full_unstemmed	Riding the Blue Wave : Applying the Blue Economy Approach to World Bank Operations
title_sort	riding the blue wave : applying the blue economy approach to world bank operations
publisher	World Bank, Washington, DC
publishDate	2022
url	http://documents.worldbank.org/curated/en/099655003182224941/P16729802d9ba60170940500fc7f7d02655 http://hdl.handle.net/10986/37212
_version_	1764486733274021888

Riding the Blue Wave : Applying the Blue Economy Approach to World Bank Operations

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