Earlier this month France’s One Ocean Summit in Brest convened global leaders to address ocean pollution, climate change and governance - here is a helpful review. We feature one particularly innovative initiative below: a game changing, new global ocean finance ecosystem led by the Ocean Risk and Resilience Action Alliance (ORRAA).
This coming week, The Economist is hosting their always-compelling World Ocean Summit (see calendar link below). Here is a brief description of the proceedings, as well as a useful event calendar for the coming months. Please feel free to keep track of these events and many others by subscribing to our Investable Oceans calendar.
Upcoming Guidance for Financial Institutions:
During the aforementioned World Ocean Summit, UNEP FI will release the second installment of its groundbreaking work in ocean finance guidance for banks, insurers and investors. This practical guide, Diving Deep: Finance, Ocean Pollution & Coastal Resilience, will help institutions align decision-making with a healthy ocean. It surveys ocean pollution, including plastics and other solid waste, and coastal infrastructure (seawalls, surge barriers, etc.). A webinar on March 10th will provide more detailed insights into this seminal initiative. Investable Oceans greatly appreciates being a part of the Working Group supporting UNEP FI’s pioneering work in this area.
Team Evolution at Investable Oceans:
As some of you may have heard, Vanessa Fajans-Turner, one of our Founding Principals, is running for Congress in upstate New York. Vanessa has a longstanding commitment to climate and oceans - you can learn more about her candidacy here. We are grateful for her many contributions to Investable Oceans and look forward to a future relationship with Vanessa as Senior Advisor and Founding Principal.
We’re also delighted to welcome two new Principals to our team. Tariq Rafique, an experienced financier and investor whom we’ve known for a long time, will be managing our offeror evaluation and selection. Tiffany Duong, a committed ocean storyteller and change-maker, will continue to build upon her wide-ranging role as Head of Content and Partnerships. You can read more about Tariq and Tiffany on our About Us page.
Social Media Update:
Our social media team has been busy with a few exciting new campaigns. Below you will find a link to our very first #Cooking4Climate episode. In this Instagram Live series, we invite our audience to reimagine how they eat, including more items made from regenerative ocean practices. We were thrilled to co-host the inaugural event with Oceanic Global and will be inviting other leaders in the ocean space to join us going forward as we cook and eat for the planet.
We celebrated the big game this month by hosting a Blue Super Bowl, the first in our new #Cooking4Climate Instagram Live series. We sampled 12 Tides kelp chips with dips - enjoying our snacks while doing good for the planet. Win-Win, no matter what team you root for. Next up, kelp smoothies -stay tuned!
Planet Tracker’s Blue Recovery Bond Dashboard offers an interactive platform for investors to see how this type of bond could help trigger a recovery in fish stocks and generate higher returns for fishing companies.