The World Ocean Council (WOC) CEO, Paul Holthus has described the opportunities for investing in responsible ocean economic development to investors during a recent keynote interview in Singapore at the Sovereign Wealth Fund Institute Summit (SWFI).
Holthus provided an overview of the ocean economy and recent trends for wealth fund operators and asset managers. He highlighted the opportunities for long term investment in key sectors, including port infrastructure development and adaptation, sustainable fisheries and aquaculture, offshore renewable energy and other areas.
WOC’s introduction, that presented the range and scale of potential ocean related investment opportunities, was described as a serious “eye-opener”.
Plans for the WOC “Ocean Investment Platform” were also outlined to the SWFI Summit participants. The platform development follows on from the Sustainable Ocean Summit (SOS) 2015 session on “Investment and innovation for ocean sustainable development”.
The WOC “Ocean Investment Platform” will provide a global structure and process to bring the investment community together with major ocean use companies and the companies providing the technology and solutions for ocean sustainable development challenges.
The platform will be a forum to identify, articulate and evaluate ocean industry opportunities for investment in responsible ocean development. Through this, and collaboration with other forward-thinking platforms such as the Sovereign Wealth Fund Institute, the WOC will facilitate synergies and economies of scale among investors and the ocean business community as a way to accelerate ocean sustainable development.
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