June 2024

INVESTABLE OCEANS

Welcome to our June Newsletter!

World Oceans Week Continues to Grow:

Since the first UN Ocean Conference in NYC in 2017, The Explorers Club has been hosting a "World Oceans Week" alongside each year’s World Oceans Day, which is celebrated on June 8th at the United Nations. At this year’s kick-off event, leadership from four other World Ocean Weeks – Italy, Mexico, Canada and Washington DC (Capitol Hill Ocean Week) – virtually joined The Explorers Club at its headquarters to launch the week together. Please let us know if there are other World Ocean Weeks that should be included next year, or where it might make sense to start one!

World Oceans Day at the United Nations:

In the past few years World Oceans Day has become a global phenomenon. Last year the event had a social media reach of 67+ million and over 100,000 people viewed the program. Congratulations to Lea D’Auriol and her team at Oceanic Global and to Francois Bailet and his team at DOALOS for curating another superb experience this year. For those who missed it, you can see the recording here. Of special note: the Blue Economy panel hosted by Shyla Raghav of Time Magazine and featuring Barkha Mossaë of IUCN, Great Blue Wall, Karen Sack of ORRAA and Brett Jenks of RARE (skip to 2:20:00 for this specific panel discussion). It’s a broad reaching and thoughtful engagement on an ever more timely topic.

Other Highlights From the Week:

In addition to attending the UN World Oceans Day session, Investable Oceans co-hosted several blue economy sessions, including “Investing in Blue Foods: Addressing the Missing Middle“ with Aqua-Spark and TIFS, and “Frontiers in Blue Data: Accelerating Innovation and Stewardship through Collaboration“, with MITRE. We also enjoyed helping Xiao Recio-Blanco and Builders Initiative host a gathering for stakeholders working on philanthropic and impact investment initiatives in the Bahamas, which have been rapidly growing over the past several years – you can check out this article from the Nassau Guardian to learn more about the event. A huge thank you to our partners and everyone who engaged in these events with us the other week!

More Ocean Conferences:

Investable Oceans participated in the OCEANOVATION Festival this week, an innovative gathering of solutions oriented entrepreneurs, investors and industry experts in its second year at The Hague. Ted moderated a panel on Marine Carbon Dioxide Removal (mCDR) and joined a panel on exploring the connections between space and ocean investing – two topics that we believe will be on the docket for years to come. An interesting observation from the mCDR discussion: panelists noted the similarities in investing in seemingly very different solutions based on biotic and abiotic approaches.

We’re also moderating the closing panel at OceanFest @StartUpFest in Montreal on July 11th – you can learn more about this exciting event here. Last, we’re already working on a number of events for Climate Week NYC (Sept 23rd–30th). Please let us know if you plan on being in town then and we’ll do our best to keep you posted on relevant events.

Exciting Ocean Developments:

This week, the EU Environment Council approved the Nature Restoration Law which aims to restore at least 20% of the EU's land and seas, with specific targets including reversing the decline of pollinators and restoring 25,000 kilometers of rivers to free-flowing conditions. The landmark legislation is a beacon of hope for global biodiversity/marine conservation and is a boon to many sources of natural capital, including many in the blue economy.

This milestone achievement is one of many exciting developments that have taken place in the ocean landscape over the last couple of years, including the BBNJ and the Global Plastics Treaty. Alfredo Giron Nava of the World Economic Forum does a great job highlighting this increasing momentum in a recent LinkedIn post about the newly-launched “Bring it All Together for the Ocean” movement.

As always, we thank you for your support!

The Investable Oceans Team

DIVE IN

LATEST NEWS

Todd Cravens, Unsplash

QUICK DIPS

How AI Can Improve Ocean Health

We're thrilled to be partnering with the Ocean Risk and Resilience Action Alliance (ORRAA) and Salesforce to create a dynamic blended finance platform that will leverage AI to accelerate and scale impactful ocean-based projects in the Global South. We've already begun our participation in Salesforce's Accelerator Program, AI for Impact, and are excited by the unique expertise, tools and support this is providing for the development of The Octopus Desk.

READ MORE

GET INSPIRED

IMPACTFUL FILMS

We Can Get There from Here

This short documentary from Patagonia Films tells the story of a season on Deer Isle Oyster Co.’s farm in Maine that is reimagining a future for working waterfronts that puts back more than it takes.

INNOVATIONS

Researchers Grasp at Biodegradable Straws to Stop the Decline of Lab-Grown Coral Reef

South Florida researchers claim the small biodegradable cage boosts the survival rate of transplanted coral to over 90%.

BLUE BOOKS

The Ocean Speaks

A newly released photographic journey of discovery and hope that brings together more than 45 ocean culture life enthusiasts who have taken ocean protection into their own hands.

INNOVATIONS

How autonomous vehicles and sensors could help reduce carbon and boost ocean discovery

Peter de Menocal, President & Director of Woods Hole Oceanographic Institution, shares timely thoughts on mCDR, ocean monitoring and building an ‘internet of the ocean.’

LEARN

QUICK DIPS

UBS, Rockefeller AM Launch New Blue Economy-Focused Ocean Engagement Fund

The new fund follows the launch by the UBS Chief Investment Office of a new long-term blue economy investment theme, focused on investments aimed at building an economic system based on a sustainable relationship with the ocean.

DEEP DIVES

UNESCO State of the Ocean Report 2024

Discover the latest trends and data available on key ocean issues, from marine pollution, ocean warming, acidification and de-oxygenation to the status of ocean observation, early-warning systems for tsunamis, the inclusion of Indigenous and traditional knowledge in ocean science, and more.

PODCASTS

Planet Beyond

Check out Fugro's informative and engaging podcast series hosted by Jon Batson-Pitt – we particularly enjoyed listening to the four-part installment recorded on-the-ground in Barcelona during the 2024 UN Ocean Decade Conference in April.

CALENDAR HIGHLIGHTS

JULY 11th

OceanFest

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contact@investableoceans.com

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