Investing in the New Blue Economy: The Changing Role of International Development Organizations in Catalyzing Private Sector Investment in Support of Regional Strategic Action Programmes for the Sustainable Development of Coasts and Oceans

Author(s): 
Whisnant, Ryan / Vandeweerd, Veerle
Topic: 
Blue Economy Investment and Sustainable Financing
Location: 
Cambodia, PR China, DPR Korea, Indonesia, Japan, Lao PDR, Philippines, RO Korea, Singapore, Timor-Leste, Viet Nam, Thailand
Type of Resource: 
Technical Reports / References
This paper makes the case for a transformative approach to private investment in the blue economy, catalyzed by international development organizations. It proposes using government approved regional action programs as guides to investment, as strategic frameworks to prioritize action, and as tools to reduce private sector investment risks. Establishing regional pre-investment facilities supported by the international development and donor communities could serve as a new institutional arrangement to help cultivate pipelines of sustainable and bankable projects addressing the sustainability of ocean health and coastal economies.