Ocean 20, a new sustainable growth strategy for the G20, led by the World Economic Forum (WEF) with the Government of Indonesia, was launched on 14 November 2022, ahead of the G20 Leaders’ Summit in Bali, Indonesia.
The Ocean 20 (O20), initiated by Indonesia in 2022 as part of their G20 presidency, aims to deliver concrete actionable policy recommendations and strategies for cooperation, on priorities set by each rotating presidency, to spur investment and growth in the ocean economy while protecting, restoring and regenerating it.
O20 provides a platform for companies, G20 countries and civil society voices to make and realize commitments towards a sustainable, inclusive ocean, and to leverage market opportunities in the ocean economy.
We are excited about the launch of Ocean 20: an Official Dialogue of the G20 designed to boost lasting, equitable, resilient growth for G20 countries through a sustainable ocean economy
stated WEF.
WEF further added that prioritizing a sustainable ocean economy will bring multiple benefits for people, businesses, nature and the climate and the G20 can play a pivotal role in leading this agenda.
Ocean sustainability must be on the agenda of global public and private sector leaders for the lasting prosperity of people and the planet alike
WEF concluded.
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