With its extensive marine and coastal ecosystems, Brazil is uniquely positioned to advance the development of a sustainable blue economy. Building on the government’s growing engagement with climate action and sustainable finance, this initiative supports the Ministry of Environment and Climate Change (MMA) in exploring how innovative financial instruments can be used to mobilize resources for ocean and coastal protection, climate resilience, and sustainable development.
Led by CSF, the work consists of a comprehensive readiness assessment that evaluates the country’s institutional, technical, and market conditions for issuing and managing blue finance instruments. The assessment evaluates, prioritizes, and selects financial mechanisms, and examines how existing policy, regulatory, and financial frameworks support the blue economy and align with international good practices, while identifying gaps, constraints, and opportunities specific to the national context.
Based on these findings, the analysis helps clarify which financial instruments are most appropriate and what conditions need to be in place for their successful implementation. Carried out in close coordination with MMA and the World Bank, this process focuses on jointly prioritizing the most suitable mechanisms. It also includes defining eligibility criteria for blue economy investments, identifying a potential pipeline of activities, and supporting coordination across government agencies and stakeholders to ensure that financial mechanisms are aligned with real investment needs and policy priorities.
By helping put the foundations for blue finance in place, the initiative aims to deliver a roadmap that enables the design of credible, effective, and context-appropriate financial instruments capable of channeling capital toward ocean and coastal sustainability. In doing so, it supports the integration of the blue economy into the broader sustainable finance agenda and contributes to more resilient, inclusive, and environmentally sustainable and just development pathways.
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