Blue economy

Grant recipients are expected to be responsible for addressing the technical challenges of estimating biomass in ecosystems in South-east Asia.

ESG

EDB issues grant call for monitoring technologies for biomass projects

It will fund academic and industry players to develop digital measurement, reporting and verification technologies

Among competing and urgent needs, oceans have often been at the bottom of the funding priority list.

ESG Insights

ESG INSIGHTS

Issue 177: Investing in the blue economy

This week in ESG: Mark Dalio lays out a viable pathway to investing in oceans

Mark Dalio, founder and co-CEO of OceanX, sees investing in technologies that support better data collection, processing and synthesising as opportunities that are easier to get traction on.

ESG

AI-driven oceantech is the most investable path in ocean financing: Mark Dalio

The OceanX founder and co-CEO believes such investments might bring about outsize economic and environmental impact

Blue carbon projects conserve and restore coastal and marine ecosystems such as mangroves and seagrasses.

ESG

EDB partners aquaculture venture firm and WWF to launch blue carbon accelerator programme

Known as Blue Catalyst, the initiative will support startups working on scalable technologies that aim to plug the technological and financing gap in blue carbon projects

The vibrant landscape of climate tech solutions for the blue economy for ocean restoration and preservation of coral reefs, among others, are key financing opportunities for investors to realise long-term value and impact.

Wealth & Investing

From risk to resilience: Why nature-based solutions must be on every CEO’s agenda

They hold the key to enhancing resilience against financial risks linked to climate change

May Liew, CEO of Octave Capital, says: “There has been a rise (in activity) in the blue-economy space. With climate change, we see quite a number of opportunities in which the blue ocean will become more and more important.”

Companies & Markets

Octave Capital launches US$75 million ocean-focused impact fund with Katapult Ocean

The fund will look into supporting relevant startups in the Asia-Pacific, as well as companies from elsewere looking to expand into the region

Blue bonds are debt instruments to finance marine conservation projects. But in blue bonds tied to debt swaps, only a small amount may go towards marine conservation.

Wealth

Debt sold by Credit Suisse, BofA loses ‘blue’ label with funds

ENVIRONMENTAL, social and governance (ESG) bonds tied to debt swaps arranged by Credit Suisse and Bank of America (BofA) are being reclassified by the fund managers buying them.

The financial sector and businesses should collaborate to address funding and data gaps to unlock the potential of oceans for lasting growth.

Opinion & Features

THE BOTTOM LINE

The blue economy offers growth amid economic volatility

By Anton Ruddenklau and Michelle Carter

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