The Blue Economy and Finance Forum will bring together innovators, investors, and experts from around the world to promote the critical role of cutting-edge innovation, sustainable investment, and forward-thinking policies in ensuring the long-term health and prosperity of oceans and economies. This event is a special event taking place in advance of the Third UN Ocean Conference (UNOC-3), which will convene in Nice, France, in June 2025.

The Principality of Monaco, the Foundation Prince Albert II de Monaco, and the Monaco Oceanographic Institute are co-organizing the special event. The event will serve as a platform for collaboration and exchange of ideas and will showcase the latest developments in the blue economy. The Forum will focus on four main themes: investing for ocean health, preservation, and resilience; financing a regenerative blue economy; blue ports and shipping; and innovating through ocean governance and finance.

According to the Organisation for Economic Co-operation and Development (OECD), the economic value of the ocean will exceed USD 3 trillion by 2030, making it the world’s fifth largest economy. The ocean is critical for food security, global trade, and the development of sustainable energy solutions and decarbonized maritime transport. An estimated USD 175 billion is needed annually for the maritime economy to become sustainable and inclusive and to prevent resource depletion, slow ocean acidification, conserve marine ecosystems, reduce overfishing, and curb ocean pollution.

At the event, Heads of State, financiers, companies, and civil society are expected to make significant financial commitments to the blue economy and to propose innovative blue financial tools, with the aim of substantially increasing investments to make a blue transformation a reality.

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LOCATION

Monaco