National renewable energy policies and domestic political disputes could further delay several of these projects, which overlap with biodiverse marine areas, found the Global Energy Monitor. Energy experts advocate focusing on renewable energy development instead.
Most offshore oil and gas projects in 2024 were linked to widespread pollution, with satellite data revealing frequent oil slicks, high transportation emissions and extensive methane flaring.
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.
By
Alfredo Giron
Some members of the United Nations International Maritime Organisation argue that biofuels should be central to the effort to decarbonise the shipping industry but there is nothing sustainable about it.
By
Jennifer Clapp and
Olivier De Schutter
Despite support for action among local communities to protect biodiverse marine reserves like the Derawan archipelago from poaching, the Indonesian authorities have not allocated sufficient resources to conservation.
By
Dadang Mujiono
Countries which govern half the world's territorial oceans have yet to integrate ocean-focused solutions into their nationally determined contributions, or NDCs, due for an update by February 2025.
By
Ilana Seid
A coalition of scientists and environmentalists found “widespread economic impacts” for communities in the Philippine province, heightening calls for accountability from the sunken tanker reportedly chartered by a San Miguel Corp subsidiary.
Do children ask the toughest questions? This World Oceans Day, we get renowned oceanographer Dr Sylvia Earle, founder of Mission Blue, to field questions from curious kids on the mysteries of the deep.
EB Studio
Plastic waste is flooding the planet. Instead of waiting for regulation to drive change, give value to recyclables and mobilise the people, says Plastic Bank.
Goumbook launched a regional oceans network that brought discussions on the blue economy to the forefront at the last COP summit. Founder Tatiana Abella tells the Eco-Business Podcast why healthy oceans are important for the Middle East.
Exclusive
Oceanographer Dr Sylvia Earle speaks to Eco-Business in this exclusive podcast about the irreversible damage deep sea mining will cause, the link between the oceans and our global climate, and the role that we can all play in 'being at peace' with nature.
The waste oil dumped into the ocean by ships every year is equivalent to eight Exxon Valdez oil spills, and nowhere is the problem as severe as Southeast Asia. The EB Podcast talks to hotelier Andrew Dixon about how a clever idea using a ship tracking system can help curb an environmental crime that has been largely ignored.