Turning the Tide: How to Finance a Sustainable Ocean Recovery: A practical guide for financial institutions to lead a sustainable ocean recovery

This report shows that plastic pollution risks can affect insurance and investment portfolios in the form of physical, transition, liability and reputational risks. The study identifies how risks related to plastic pollution play out across insurance lines and asset classes in which insurers invest.

The report maps the current state of ocean finance revealing trends in lending, underwriting and investment activities which impact the ocean. It reveals frameworks and financial instruments that are successfully addressing ocean sustainability and highlights new opportunities and gaps in the market. It looks across 5 major ocean-linked sectors chosen for their established connection with private finance: seafood, ports, maritime transport, coastal and marine tourism and marine renewable energy.

This UNEP FI report is a call to action for insurers around the world to join the global effort to protect the priceless and irreplaceable assets that make up our World Heritage for present and future generations.