OECD Highlights Modest Growth in Ocean Philanthropy Amidst Global Challenges
The Organisation for Economic Co-operation and Development (OECD) has reported on the state of ocean philanthropy, highlighting that despite its critical role in climate regulation, food production, and trade, ocean-focused philanthropy remains a niche cause. The report indicates that ocean philanthropy accounts for less than 1% of global charitable giving, although there has been growth from $430 million in 2010 to about $1 billion by 2022. The funding is concentrated among a small group of foundations, focusing on marine science, habitat protection, and fisheries. Despite the increase, the funding remains insufficient compared to the needs for long-term management and enforcement of marine conservation efforts. 
