Riding the Blue Wave. Applying the Blue Economy Approach to World Bank Operations.

The main objective of this document is to provide guidance on how to apply a “Blue Economy lens” to Bank operations. To this end, it aims to: 1. Ensure that the World Bank’s operations around oceanic activities are developed with a view to improving the necessary integration between different economic sectors, both on land and at sea, and avoiding unnecessary impacts on ocean health. 2. Identify means to scale up Blue Economy activities, including through new sources of innovative blue finance. To achieve these goals, two related streams of work are identified: one focused on promoting an integrated approach to the sustainable development of oceanic sectors, and the other focused on increasing blue financing.