21 May 2025 | 9:00 AM Eastern Time / 11:00 PM AEST | Online
This series is organised by the Alliance of Small Island States (AOSIS).
As the global community works toward strengthening ocean governance and sustainable management, SIDS must have access to the right tools and frameworks to drive evidence-based decision-making and secure sustainable financing. Ocean Accounts are a framework that provides a comprehensive approach to measuring the importance of ocean ecosystems to inform policy and investment decisions.
They are valuable for a range of governance processes and facilitating access to finance, by offering standardized and repeatable metrics that help track ecological health, social benefits, and economic performance over time. They can be used in the designation and monitoring of Marine Protected Areas (MPAs), and identify the dependencies of economic activity by linking Gross Domestic Product (GDP) to ocean ecosystems. It captures specific values of ocean natural capital, including contributions to carbon storage, coastal protection, and biodiversity. By measuring these ecosystem services in monetary terms, Ocean Accounts provide a data framework that facilitates access to nature and climate finance. These accounts also enable SIDS to report towards global commitments such as Sustainable Development Goal 14, Paris Agreement, Kunming-Montreal Global Biodiversity Framework and the BBNJ Agreement.
The SIDS Talk Ocean dialogue series expands the conversation to broader ocean issues critical to SIDS.
This episode will explore how Ocean Accounts can support sustainable ocean management, enable opportunities for nature finance and investment, and strengthen SIDS' participation in global ocean governance.
Through expert insights and interactive discussion, the session will highlight opportunities for SIDS to leverage Ocean Accounts in addressing their unique challenges and priorities.
AOSIS
