Over the past twenty years, the United Nations Development Programme (UNDP) and the GEF have successfully developed a range of strategic planning tools aimed at assisting governments to put in place enabling policy environments to catalyse investment for restoring and protecting the marine environment. In several cases, catalysed public and private financial flows have exceeded the initial GEF investment several hundred times. In some cases, these instruments have helped to shift sizeable ocean industries, such as shipping and tuna fisheries, to a more environmentally sustainable path.
Catalysing Ocean Finance takes stock of how effective these instruments have been in helping countries to address challenges facing the oceans and explore how they could be successfully scaled up. Volume II includes methodologies and tools to create enabling environments to leverage environmental investment and describes how legal frameworks can deliver financial flows and transform entire markets. It prepared three case studies: Danube/Black Sea Basin, Yellow Sea Large Marine Ecosystem, and Rio de la Plata/Maritime Front.