
Fisherfolk in Pagudpud, Philippines untangle and prepare their nets for the late evening fishing offshore to catch small tuna. Image: FotoGrazio, Flickr
Powering The Blue Economy With Blue Finance
The ‘blue economy‘ has global significance. Eighty per cent of global trade relies on maritime transport. Approximately 40 per cent of the world’s population resides in coastal regions and over three billion people depend on the oceans for employment.