Accelerating Implementation of SDG 14

On June 8th, World Oceans Day, NII Principal, Dr. Ian Dutton presented an impact investors perspective on Sustainable Development Goals (SDGs) at the United Nations Oceans Conference held at the UN Headquarters in New York. The World Oceans Conference was a major event organized by the UN to focus on implementation of SDG14. SDG 14 seeks to “conserve and sustainably use the oceans, seas and marine resources for sustainable development”.

Ian’s presentation was part of an expert panel that explored the use of impact investing as a mechanism to explore the current state of the market, and identify potential bottlenecks and solutions to accelerate nature-based impact investments.

“New forms of financing and partnership are critical to attainment of the ambitious SDGs. Impact investing offers much promise as a way of leveraging public-private and community partnerships for sustainable marine resource management”. —Ian Dutton

Ian noted that despite the challenges of standing up new funds in emerging markets, there are several very promising fisheries-based impact investing funds in design and implementation in coastal areas of Latin America, Asia and Africa. He expects these to scale up as investors gain experience with new approaches to fisheries, ecosystem services, climate adaptation and biodiversity investing. He urged UN staff to explore partnerships with industry leaders such as the Global Impact Investing Network  which already has a major focus on supporting the SDGs.