Major Initiatives Launched at UN Ocean Conference 2025
Kartavya Desk Staff
Source: TH
Context: At the recently concluded 3rd UN Ocean Conference (UNOC3) in Nice, key global initiatives such as One Ocean Finance and the High Ambition Coalition for a Quiet Ocean were launched to accelerate progress on SDG 14 — Life Below Water.
About Major Initiatives Launched at UN Ocean Conference 2025:
One Ocean Finance:
• What it is? A global finance initiative to mobilise billions in sustainable funding for blue economy sectors and ocean restoration.
• A global finance initiative to mobilise billions in sustainable funding for blue economy sectors and ocean restoration.
• Objective: To unlock new capital flows for industry transition, improve ocean health, and build resilient coastal communities.
• Launched by: A UN multi-agency coalition.
• Nations Involved: Open call for engagement not limited to formal member states.
• Key Features: Designed as an inclusive, agile, scalable financing platform. Seeks to address the underfunding of SDG 14 (less than $10 billion vs $175 billion needed annually). Aims to channel funds through blended finance instruments to de-risk investments. Complements existing funds, aligns capital with marine ecosystem protection and community resilience.
• Designed as an inclusive, agile, scalable financing platform.
• Seeks to address the underfunding of SDG 14 (less than $10 billion vs $175 billion needed annually).
• Aims to channel funds through blended finance instruments to de-risk investments.
• Complements existing funds, aligns capital with marine ecosystem protection and community resilience.
High Ambition Coalition for a Quiet Ocean:
• What it is? A coalition of nations committed to reducing marine noise pollution and its harmful impacts on marine biodiversity.
• A coalition of nations committed to reducing marine noise pollution and its harmful impacts on marine biodiversity.
• Objective: To tackle underwater noise pollution and enhance ecosystem resilience in global oceans.
• Launched by: Canada and Panama. Supported by 35 other nations.
• Supported by 35 other nations.
• Key Features: Focuses on policy interventions to reduce human-generated noise in oceans. Promotes global cooperation to safeguard marine life from the growing impact of industrial activity. Builds on scientific recommendations from One Ocean Science Congress.
• Focuses on policy interventions to reduce human-generated noise in oceans.
• Promotes global cooperation to safeguard marine life from the growing impact of industrial activity.
• Builds on scientific recommendations from One Ocean Science Congress.