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In 2023, WWF commissioned a study on the financial flows in the South West Indian Ocean blue economy. The study also examined the effectiveness of policies and regulations in place to mitigate the environmental, social and governance risks inherent in financing ocean-based commercial ventures.
It also found that that most financiers do not have sufficiently comprehensive ESG policies in place to manage their exposure to ocean-related risks, and that there is currently little regulation to ensure that financial flows into the region are directed towards activities that are sustainable and inclusive.
This summary report provides insight into the study's most compelling findings, presenting key data in an accessible visual format to support the effective and broad dissemination of this important work on the current state of financial flows in the SWIO region.
Country reports
Country-specific findings have been compiled in five seperate reports for Kenya, Madagascar, Mozambique, South Africa and Tanzania.Explainer video
Watch WWF's expainer video highlighting the study's main findings here.This project was supported by the Ocean Risk and Resilience Action Alliance (ORRAA) and undertaken with the financial support of the Government of Canada through the federal Department of Environment and Climate Change.
Read the full publication
Assessing Financial Flows within the South West Indian Ocean Blue Economy