From Apple
“Through Apple’s Earth Day 2018 Give Back campaign, the company has partnered with Conservation International to protect a 27,000 acre mangrove forest in Cispatá Bay on the Caribbean coast of Colombia.”
The full article is available in the Apple Newsroom.
From the Conservation Finance Network
“The contribution of marine and coastal ecosystems in carbon sequestration, or “blue carbon,” has only recently begun to gain traction in market-based ecosystem management discussions.
At present, existing methods of measuring and monitoring carbon offsets are geared towards terrestrial ecosystems, and do not account for the carbon stored in coastal, marine or wetland soils and biomass.
There are a number of mechanisms in place to facilitate investment in terrestrial carbon through regulatory markets which could be adapted to include blue carbon.”
The full article is available on the Conservation Finance Network website.
Addressing ocean challenges with traditional solutions, many of them infrastructure-based, requires trillions of dollars that seem overwhelmingly difficult to mobilize. One complementary approach is to support innovations that can change the rules of the game, transforming the very ways we produce, consume and distribute. Such innovations have the potential to deliver competitive market returns to investors. They can therefore mobilize large amounts of private capital to scale and address the crisis rapidly.
Christian Lim, co-founder of Blue Oceans Partners, will present examples of such innovations, ready to scale now, explaining how they can achieve system level impact for the ocean. Examples will include alternative feeds for aquaculture, sustainable aquaculture technologies, solutions to ghost nets, solutions to plastic microfiber pollution, technologies that enhance the efficiency of Marine Protected Areas, and innovations that enable the transition to a circular plastics economy. Christian will discuss Ocean One, the fund Blue Oceans Partners has launched to invest in innovations that help solve the challenges of overfishing and plastic pollution.
An article written for The Economist Group World Ocean Initiative by guest author Mark Gough, executive director of the Natural Capital Coalition. The piece reflects on the International Day for the Conservation of the Mangrove Ecosystem, showing Mark’s views and presenting valuable and interesting information. The full article is available on the Economist Group website.
CFA is excited to announce the official launch of the Marine and Coastal Finance Working Group. We are very pleased to have Marine Finance experts Annabelle Bladon and Melissa Walsh working as Co-Chairs. If you are interested in joining the working group or have questions for our new chairs, please visit the Marine and Coastal Finance WG page on the CFA site.
Photo: Hannes Klostermann
On May 24th at 10am EDT, CFA will be hosting a webinar with Robert Weary of TNC’s NatureVest to discuss an ambitious $40 million initiative to promote ocean conservation as recently announced by The Nature Conservancy. The initiative is based on delivering debt conversions to up to 20 countries over the next five years. The plan, which was selected from more than 1,500 Audacious Project applicants, has already secured more than $23 million in funding from various donors out of the $40 million TNC ultimately requires to unlock $1.6 billion toward marine conservation.
Please join the CFA and Robert Weary on May 24th at 10am EDT to discuss this exciting initiative. Robert will present the overall plan and its aims, and will answer questions regarding this project. Please circulate this announcement to relevant colleagues in your networks.
Please Register for the Webinar on the CFA Website.
