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https://ir.iimcal.ac.in:8443/jspui/handle/123456789/3914| Title: | Financing the Blue Economy |
| Authors: | Majmudar, Utkarsh |
| Keywords: | Friends of Ocean Action Blue economy Ocean Economy Blue Bonds Equity Private Equity Public Equity SDG OECD Sustainable Development Goals |
| Issue Date: | Jun-2021 |
| Publisher: | The Financial Research and Trading Laboratory (FRTL), IIM Calcutta |
| Abstract: | The oceans and seas cover two-thirds of our earth. Oceans and seas are a vital source of food, employment and livelihood for over three billion people. They also facilitate international trade. Coastal areas are home to nearly 2.4 billion people (Friends of Ocean Action, 2020.). Oceans are also our most significant carbon sink. Oceans absorb around 25% of all carbon dioxide (CO2) emissions (Shutler and Watson 2020.). This makes them one of the world’s largest carbon sinks. Yet, in much of the sustainability discussions, the blue economy receives little attention. We know of seas for the fish. But there is much more beyond fishing that the blue economy supports. As Table 1 shows, there are many economic activities around oceans and seas (Ahmed, 2019) |
| Description: | Biosketch: Utkarsh Majmudar is a professional with over two decades of experience encompassing teaching, research and administration at premier business schools in India (IIM Bangalore, IIM Lucknow, IIM Udaipur etc.) and working with large corporations in India at GE Capital, iGATE and HSBC. Apart from finance, he has done significant work in the area of sustainability–conducting an annual study of the performance of companies on corporate responsibility, working with large companies, publishing cases on sustainability, and writing extensively on the theme. He co-authored the book Balance: Responsible business for the Digital Age. Utkarsh is a member of the Board of Governors at IIM Raipur. |
| URI: | https://ir.iimcal.ac.in:8443/jspui/handle/123456789/3914 |
| Appears in Collections: | Issue 1, June 2021 |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| Financing the blue economy.pdf | Financing the Blue Economy | 11.96 MB | Adobe PDF |  View/Open |
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