Huge diverse markets that need investment and technology to advance and that offer strong potential for £$€
Blue hydrogen, electrifying ocean basins, new anchoring solutions, floating wind platforms, shipping, tourism, aquaculture
Complexity surrounds the sector, sustainability is a requirement, crucial problems exist - let us be your guide
It has been a pleasure to contribute to this important piece of work on ocean finance at this crucial time. It has never been more important in the fight against climate change to mobilise large sums of capital in this key sector : http://bit.ly/RisingTideReport
The Rising Tide reportbuilds on the Sustainable Blue Economy Finance Principles, mapping the current state of ocean finance and the transition required by banks, insurers and investors to create a sustainable blue (ocean) economy, rebuild ocean prosperity and restore biodiversity to the ocean.
The report reveals the current trends in lending underwriting and investment activities which impact the ocean with survey results across 100+ financial professionals. It reveals the frameworks and financial instruments that are successfully addressing ocean sustainability and highlights new opportunities and gaps in the market.
It looks across 5 key ocean sectors, chosen for their established connection with private finance: seafood, ports, maritime transport, coastal and marine tourism and marine renewable energy, notably offshore wind.
This report sets the tone for practical guidance to be launched on March 2nd this year. That will be featured here.
DEJA BLUE can be a guide for financial decision-makers on how to engage with these ocean-linked sectors; which activities to seek out, which to challenge and which to avoid financing altogether due to their damaging nature.