The WaterBlog
What investments are considered Blue Finance?
by Long Hoang and Atikah Eria Putri Introduction Water is essential for humans’ lives as well as the ecosystem’s health. It does not only provide well-being for societies but also food, jobs, and economic activities – all key elements of what is often referred to as the blue economy – the economy of water. However, precious water resources have become the forefront of the global climate crisis, where most climate change impacts are felt in the water systems. Moreover, there are more than two billion people currently lack access to safe water and basic sanitation[1]. These conditions lead to urgent demands for blue finance – an emerging cluster of financial investments focusing on sustainable water management and ocean conservation. In recent years, the global investment into blue finance and the blue economy has been increasing rapidly, and this is expected to grow further in views of the significant financing gap for meeting the water-related SDGs[2]. Current estimates shows that the… Continued
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