As the 3rd United Nations Ocean Conference (UNOC3) concludes, Caribbean leaders and global partners are reaffirming one of the region’s most urgent calls: unlocking long-term, sustainable financing for ocean action.
During the conference, the Caribbean Biodiversity Fund (CBF), Government of Grenada, OECS, and over 15 international partners convened a high-level side event titled “Actioning Blue: Unlocking Sustainable Ocean Financing and Enhanced Ocean Coordination for Caribbean SIDS.”
The event spotlighted solutions to scale up ocean financing and showcased coordinated regional approaches like the Actioning Blue Political Declaration and the Caribbean Ocean Coordination Mechanism (OCM)—two initiatives driving implementation of the Kunming-Montreal Global Biodiversity Framework (KMGBF) and SDG 14.
The event featured perspectives from governments, donor institutions, development banks, and UN agencies.
Panelists explored mechanisms such as blended finance, climate-linked investment, and regional pathways to implementation. They also discussed policy alignment, donor coordination, and improving equity and access to financial resources.
