Ocean economy could surpass $5 trillion by 2050, Makhtar Diop notes

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08.06.2026

Ocean economy could surpass $5 trillion by 2050, Makhtar Diop notes — Ocean economy may pass $5 trillion

Makhtar Diop highlights the economic importance of healthy oceans, noting their support for millions of jobs, food security, and climate resilience.

He adds that with the ocean economy projected to exceed $5 trillion by 2050, protecting ocean resources represents a significant economic opportunity.

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Diop has previously announced IFC's launch of the first Trade Finance Synthetic Securitization aimed at mobilizing private capital for emerging markets. He also reported on IFC and Access Bank's agreement for up to $500 million to expand local currency financing for African MSMEs and projects. These developments reflect ongoing efforts to support economic growth in developing regions.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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