Steven Kessel

Blue Finance Requires Revenue, Risk Sharing, and Verifiable Ecological Results

Ocean conservation lacks the dependable revenue streams that private investors typically require, Joan Larrea of Convergence argued, so blue finance must instead connect restoration to avoided losses, sovereign debt savings, supply-chain resilience or other measurable exposures. Larrea, insurance executive Liz Henderson and marine scientist Steven Kessel said debt swaps, catastrophe coverage and corporate-backed arrangements can direct capital toward coastal ecosystems, but only if they account for ecological interdependence, local implementation capacity and credible evidence of results.