Latest News About Ocean Finance

Updated 2026-04-25 12:03

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Latam and Caribbean Development Bank doubles oceans financing to $2.5 billion

It announced on Saturday that the Development Bank of Latin America and the Caribbean will double its investment to $2.5 billion in order to protect the oceans and support sustainable marine economic activity. The bank has already exceeded the existing commitment of funding oceans, which was $1.25 billion between 2022-2026. Investments include strengthening marine protected zones and supporting small-scale fishing. The bank stated that the additional $2.5 billion will be spread over a period...

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