Quick Dips
Curated topical articles on the Blue Economy

How ports can become catalysts for the blue economy

• Lara Mouftier, World Economic Forum • Shipping & Ports

The ocean supports billions of livelihoods and carries 80% of global trade by volume, yet increasingly faces climate hazards and operational disruption.

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SeaAhead Closes First Venture Fund to Invest in Bluetech Startups

• SeaAhead

SeaAhead, a leading bluetech venture builder, announced the close of its first fund and plans to invest in up to seven bluetech startups over the next year.

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Builders Vision Philanthropy and Minderoo Foundation join the Ellen MacArthur Foundation to scale alternatives to flexible plastic packaging

• Ellen MacArthur Foundation • Plastics & Pollution

As announced during New York Climate Week, the Ellen MacArthur Foundation is partnering with Builders Vision Philanthropy and Minderoo Foundation to tackle flexible plastic packaging waste and pollution by accelerating the scaling of responsibly-designed paper-based alternatives.

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Maine Blue Economy Week to spotlight ocean innovation

• TIna FIscher, Mainbiz

Entrepreneurs, investors, researchers, policymakers and representatives of marine businesses from Maine and beyond will gather in Portland next week at the inaugural Maine Blue Economy Week to chart the future of the state’s $6.8 billion ocean economy.

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UN Global Compact, UNEP FI and WWF Strengthen Ocean Investment Protocol to Address Financial Risks and Unlock Sustainable Ocean Finance

• PR Newswire, Yahoo Finance • Plastics & Pollution

The United Nations Global Compact and the Sustainable Blue Economy Finance Initiative, hosted by the United Nations Environment Programme Finance Initiative (UNEP FI), in collaboration with the World Wide Fund for Nature's Greening Financial Regulation Initiative (WWF GFRI), today published a revised edition of the Ocean Investment Protocol (OIP).

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Ocean finance needs a deal-making architecture, not more capital, experts say

• Hannah Alcoseba Fernandez, Eco-Business

Ahead of COP31, experts say ocean solutions and capital exist, but better financial architecture is needed to prepare and bundle projects, then match them with the right mix of blended finance.

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Sailing technologies prove value beyond marine sector

• Financial Times • Shipping & Ports

Rapid pace of innovation shows benefits of cross-industry collaboration.

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India's first blue bond draw nears as issuers line up, bankers say

• Dharamraj Dhutia & Khushi Malhotra, Reuters

India's first blue bond sale is imminent as a state-run financial institution and a local civic body aim to ​tap the novel debt market before the end of September, according to ‌a company official and two merchant bankers.

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Ocean energy can supply 13% of global electricity demand, report says

• Offshore Energy • Energy Solutions

Ocean energy can supply 13% of global electricity demand, as well as produce 21% of current EU consumption – more than fossil gas or hydroelectricity today, according to a new report from Ocean Energy Europe (OEE).

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New EU Project to Cut Emissions and Fuel Costs Through Wind Propulsion in Shipping

• Lauren Ernst, Ocean News & Technology • Energy Solutions • Shipping & Ports

AWESOME—Advanced Wind Energy System Optimization & Monitoring for Efficiency—is a Horizon Europe project that delivers validated tools, standardized methodologies, and real-world performance data to reduce uncertainty around wind-assisted propulsion systems (WAPS). 

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What Does It Take to Fund a Sustainable Ocean Economy?

• Anjanalakshmi G, Earth.org

Investments in the blue economy are lagging behind despite ocean health underpinning food security, climate resilience, and billion of lives.

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Six forces shaping the future of the regenerative blue economy

• Alasdair Harris, World Economic Forum

The ocean can deliver carbon emissions reductions, while supporting food security and livelihoods for frontline and Indigenous communities who bear the heaviest costs of the climate crisis.

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Five Insights from $200B in Circular Economy Investment

• Charlotte Doyle, World Bank Blogs

In Tanzania, a glass manufacturer is producing reusable glass bottles that are refilled and returned to the market an average of 18 times.

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Ocean Visions Launches Tool to Advance Seaweed as Climate Solution 

• Ocean Visions

Digital road map outlines priority actions needed for seaweed to support decarbonization across multiple sectors.

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Ocean services lead trade, opening new opportunities for developing economies

• UN Trade and Development • Shipping & Ports • Tourism

Ocean-related services now account for 58% of total ocean trade.

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World Oceans Day: Investing gains traction but deployment still lags

• Karolina Adamkiewicz, Impact Investor

Blue economy fund managers say investor interest is rising rapidly but regulatory uncertainty, an inadequate tax system, and a lack of interaction between the state and the private sector, among other headwinds, continue to constrain capital flows.

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Ocean innovation: the engine shaping the next phase of the ocean economy

• Alfredo Giron & Meenakshi Wadhwa, Economist Enterprise

When coral reefs, mangroves, fisheries, and coastal ecosystems weaken, the economic consequences follow quickly: lost yields, declining tourism, damaged ports, rising insurance costs and shrinking local employment.

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Blue finance: Making waves for sustainable oceans and freshwater resources

• Pushkala Ratan & Rwaida Gharib, World Bank

Our economies, communities, and future depend on attracting investment to the water sector.

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Wind-powered fleet passes 100-ship milestone

• Splash Tech • Energy Solutions • Shipping & Ports

The global fleet of large commercial vessels equipped with wind propulsion technology has surpassed the 100-ship mark, a milestone that underlines how rapidly wind energy is moving from niche concept to mainstream decarbonisation tool in shipping.

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A New Wave of Investment Sees Profit in Ocean Conservation

• Justin Worland, TIME • Plastics & Pollution

Last year, J.P. Morgan estimated the value of ocean-related activity, what it called the “annual gross marine product,” at $2.5 trillion annually. 

Read more → (10 minute read)