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To boost sustainableinvestment in ocean economies, the International Capital Market Association, in partnership with other industry bodies, has consolidated existing blue finance guidance and principles under one framework. trillion globally, according to the World Bank from a mere US$15 billion in 2013.
Her Triple B Framework – an approach to blended finance incorporating behavioural change and greater alignment of different types of capital – underpins the Bahamas SustainableInvestment Programme , announced at Clinton Global Initiative in September and in Dubai during COP28.
Research prepared by the Principles for Responsible Investment (PRI) shows that there are close to 900 policy tools or revisions that support responsible investors in 2022. By comparison, in 2019, there were fewer than 600; and in 2013, 300. Economy wide transition: connecting financial and real-economy policy change.
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