As climate change and great-power rivalry intensify, oceans are emerging as a geopolitical frontier – testing whether diplomacy can manage rising tensions over shipping routes, seabed minerals and fishing grounds.
The rapid uptake of alternative fuels in shipping is outpacing international liability regimes – leaving gaps in protection against spills and accidents.
While many fear that Donald Trump’s re-election to office in the United States will undermine efforts to combat climate change, there have been two major steps toward widespread carbon pricing where it is needed most since March.
Unlocking the full potential of the sustainable ocean economy will require bold investments, policy reform and coordinated action to bridge the growing blue finance gap.