The Ocean is the source of life and at the center of who we are. The oceans and their coasts are also among our most valuable resources. While their critical importance is well understood, human pressure continues and oceans and coasts are under severe threat. Additional funding is necessary so that existing conservation efforts can be completed and scaled up and new ones commenced. To respond to the need for new financial resources, in December 2016 the German Ministry for Economic Cooperation and Development (BMZ), through the KfW Development Bank (KfW), established the Blue Action Fund. In June 2017, the Swedish Ministry for Foreign Affairs became partner to the Blue Action Fund.