Blue finance now a Member of the Advisory Network to the High Level Panel
Blue finance is now a member of the Advisory Network to the High Level Panel for a Sustainable Ocean Economy (HLP), which brings together world leaders for the protection of the ocean.
Together with 14 heads of government, co-chaired by Norway’s Prime Minister, Erna Solberg and President Tommy Remengesau of Palau, the world leaders commit to catalyze bold and pragmatic solutions to support the United Nation’s Sustainable Development Goals.
HLP aims to identify and scale solutions in governance, technology, and finance that will drive the transition to a new and sustainable ocean economy for a healthier and wealthier planet. Blue finance is part of HLP’s mission to inspire ambition, motivate action, and accelerate progress towards a healthy ocean.
The Advisory Network will provide input and product knowledge to the HLP on its preparation for the UN Ocean Conference 2020 in Lisbon. A series of scientific and technical papers, innovative and actions-based solutions, and recommendations to catalyze and implement actions will assist the HLP in driving the ocean agenda well beyond 2020.
Blue finance looks forward to working with the other members of the Advisory Network and creating a long-lasting impact on the welfare of the ocean and all those who depend on it.
Blue finance Partners with Vulcan, Inc to Further Marine Conservation
Blue finance and Vulcan Inc. signed a Memorandum of Understanding (MOU) on 21 May 2019 to collaborate on marine conservation activities and the sustainable use of natural resources in the Caribbean and Southeast Asian regions.
Under the MOU, the collaboration will incorporate and promote the use of Vulcan’s Allen Coral Atlas in the development, implementation, and management of Marine Spatial Plans for the Marine Protected Areas (MPAs) under Blue finance’s purview. The Allen Coral Atlas is a system that uses primarily satellite imagery to develop reef mosaics, which are then ground-truthed. The resource may be used to further research and conservation of the coral reefs around the world.
Vulcan Inc. is the engine behind philanthropist and Microsoft cofounder, Paul G. Allen. The company aims to improve the planet through catalytic philanthropy and to solve the world’s biggest issues in unconventional ways. Coupled with Blue finance’s goal of developing sustainable financing and improving management of MPAs, the synergy is expected to strengthen the conservation efforts of both organizations.