OCEAN RISK TOPIC

BUILDING RESILIENCE

The ocean’s value to all life on earth and its potential to drive sustainable economic growth and employment are being jeopardized. We need to understand and address ocean risk.

Central to any strategy must be a consideration of how we can build resilience: resilience in the ocean to all the threats that it faces; and resilience in societies, so that the impacts of ocean change are minimised.

Governments, policymakers and other stakeholders need to be motivated to act to reverse and mitigate ocean change, and to protect the ocean from further harmful development. And they need to see it as an opportunity within the larger context of building resilient societies, nurturing sustainable development and seeking new approaches, tools, technologies and solutions.

As understanding begins to grow that strategies are needed to build resilience, the Ocean Risk Summit is bringing together a wide range of stakeholders to explore what these strategies may be, and how to put them into place.

OUR CHANGING OCEAN

The ocean is changing faster than at any time in the past 65 million years,the implications of which pose a threat to economies, cultures, societies and our environment. Understanding the impacts of ocean change provides the impetus behind the Ocean Risk Summit.

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MANAGING & REDUCING OCEAN RISK

Leaders in politics, policy-making, finance, environmental management, technology, risk, law and regulation need to understand the challenges that ocean change presents. More information will help us define and quantify ocean risk so that we can develop effective mitigation and adaptation strategies, and shape a more sustainable future for the ocean.

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APPLIED SOLUTIONS

Managing ocean risk needs to be undertaken through a multi-sectoral approach. Alongside identifying financial instruments which will drive the mitigation of ocean risk, technological advances in collecting ocean data now make the assessment and management of ocean risk feasible providing the opportunity to develop innovative and scalable solutions.

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