Funding the Big Blue: Offshore and High Seas Marine Protected Area Finance
Dr. Melissa Walsh, Dr. Rhona Barr, and Camilla Sundberg, Marine Conservation Finance
The ocean provides food security and protein, global biodiversity, climate regulation, and contributions to cultural and social identities. Despite these values, the ocean is under immense pressure from pollution, overfishing, climate change, and extraction, undermining both ocean values and the global economy. Marine Protected Areas (MPAs) are a critical tool to manage and preserve marine ecosystem services and yield economic benefits. In the last decade, a strong trend has emerged for the designation of large-scale Offshore and High seas MPAs (O/HMPAs).
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