OFFSHORE RENEWABLE ENERGY

WWF advocates for a nature-positive transition to offshore renewable energy, emphasizing the need to balance the projected sevenfold increase in offshore wind capacity by 2030 with the protection of seabed habitats, fisheries, and local communities. The organization works with developers to adopt frameworks like the Science-Based Targets for Nature and the Task Force on Nature-related Financial Disclosures, while urging financial institutions to use their leverage to fund innovative, nature-positive strategies in line with the Paris Agreement.

• Global renewable energy capacity is expected to nearly triple by 2030, with offshore wind specifically projected to grow sevenfold. While this growth is necessary for climate action and poses fewer risks than fossil fuels, it creates localized risks for the seabed, fisheries, critical species, habitats, and local communities.
• New offshore developments may cause economic losses and environmental damage through restricted fishing access, increased ship traffic, onshore infrastructure development, and seabed destruction caused by anchoring.
• WWF encourages offshore wind companies to utilize the Task Force on Nature-related Financial Disclosures and the Science-Based Targets for Nature to assess supply chains, set targets, and disclose their dependencies and impacts on nature.
• Financial institutions are increasing investment in offshore wind to align their portfolios with the Paris Agreement, providing an opportunity for banks and investors to direct funding toward nature-positive strategies rather than traditional practices.

APA

WWF International (2022). OFFSHORE RENEWABLE ENERGY. https://www.worldwildlife.org/documents/650/2dy7id1jgj_Oceans_Markets_Marine_Renewables.pdf

Chicago

WWF International. OFFSHORE RENEWABLE ENERGY. 2022. https://www.worldwildlife.org/documents/650/2dy7id1jgj_Oceans_Markets_Marine_Renewables.pdf.

Wikipedia

{{cite report |author=WWF International |title=OFFSHORE RENEWABLE ENERGY |date=2022 |url=https://www.worldwildlife.org/documents/650/2dy7id1jgj_Oceans_Markets_Marine_Renewables.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{wwfinternational2022offshore, author = {{WWF International}}, title = {{OFFSHORE RENEWABLE ENERGY}}, institution = {WWF International}, year = {2022}, url = {https://www.worldwildlife.org/documents/650/2dy7id1jgj_Oceans_Markets_Marine_Renewables.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }