Asia Pacific’s oceans are exceptionally rich in biodiversity, support large and growing marine economies and provide livelihoods and food security for millions of people. But the ocean faces major challenges, including climate change, pollution, unsustainable fishing, habitat degradation, and biodiversity loss. These, in turn, threaten development gains and economic growth. Globally, ocean health has become an urgent priority, with Asia and the Pacific showing leadership on action.

The seminar, which is part of the ADB Seminar Series during the 52nd ADB Annual Meeting, sought to:

(i) Discuss actions for ocean health and for developing sustainable ocean economies;
(ii) Present the interconnectedness of oceans health and economic development; and
(iii) Showcase partnership, financing, and investment opportunities.