Ocean Coordination Mechanism

Ocean Coordination Mechanism Latest News

Recently, the Intergovernmental Oceanographic Commission of UNESCO (UNESCO-IOC) announced the signature of a Memorandum of Understanding (MoU) enabling the creation of the Ocean Coordination Mechanism (OCM). 

About Ocean Coordination Mechanism

• It was conceived under the 10-year CLME+ Strategic Action Program (CLME+ SAP), endorsed by countries in the Wider Caribbean in 2014.
• Its purpose is to establish a collaborative governance framework for the sustainable management of marine resources.
• Aim: To coordinate and streamline actions addressing critical marine issues such as sustainable fisheries, ecosystem restoration, pollution control, blue carbon development, marine spatial planning, and the establishment of marine protected areas.
• It solidifies a transformative effort to enhance integrated ocean governance in the Wider Caribbean region, including the North Brazil Shelf Large Marine Ecosystem.
• It is designed to foster collaboration among countries, intergovernmental organizations (IGOs), and key stakeholders.
• Funding: It will receive funding from the Global Environment Facility (GEF) through the $15 million UNDP/GEF PROCARIBE+ Project for the period 2024–2028.

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Significance of Ocean Coordination Mechanism 

The OCM is pivotal in addressing the Ocean-Climate-Biodiversity nexus by facilitating cross-country and cross-institutional collaboration. It ensures the sustainable development of the blue economy while prioritizing the needs of the most vulnerable communities.

Ocean Coordination Mechanism FAQs

Q1: What does UNESCO stand for?

Ans: United Nations Educational, Scientific and Cultural Organization.

Q2: Where is the headquarters of the Intergovernmental Oceanographic Commission?

Ans: Paris, France

Q3: What is the global environment facility?

Ans: The Global Environment Facility (GEF) is a multilateral family of funds dedicated to confronting biodiversity loss, climate change, and pollution, and supporting land and ocean health.

Source: DTH