Unpacking Ocean Finance for Climate Action

Michai Robertson, Ocean & Climate Platform

Unpacking Ocean Finance for Climate Action
Heiko Schuff, Unsplash

The ocean is our best ally in the fight against climate change. Acting as a carbon sink, oxygen supplier and heat reservoir, the ocean makes life on Earth possible. Ocean-based solutions fit within the main response pillars for climate change, namely: mitigation of the cause of climate change – contributing up to 35% on a 1.5°C pathway in 2050, adaptation to its adverse effects, and addressing the loss and damage associated with its adverse effects. 

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