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Ocean investment matters more than ever.
Our #oceans generate 50% of our #oxygen, absorb 25% of #co2emissions, and capture 90% of excess #heat. Yet, funding for the #blueeconomy is falling short. The #worldeconomicforum estimates that $175 billion per year is required to reach #SDG14 by 2023, but we've invested only around $10 billion from 2015 to 2019. While recent strides in land-based #aquaculture and debt-for-nature swaps are promising, and funds like SWEN Capital Partners' Blue Ocean Fund show increasing willingness among #investors, the scale of investment needed is still overwhelming.
Let's drive a wave of support for our oceans!
You can read New Private Market's full article here
https://www.newprivatemarkets.com/ocean-investment-continues-to-be-just-a-drop-of-whats-needed/?utm_source=newsletter-weekly&utm_medium=email&utm_campaign=npm-friday-letter-bronze&utm_content=18-08-2023&fbclid=IwAR3yyqR2SnxTixiLJz1_CwHphROtrS-fbsRS_lEL8Lnhp4JBoVpoFxPtkTc
https://www.newprivatemarkets.com/ocean-investment-continues-to-be-just-a-drop-of-whats-needed/?utm_source=newsletter-weekly&utm_medium=email&utm_campaign=npm-friday-letter-bronze&utm_content=18-08-2023&fbclid=IwAR3yyqR2SnxTixiLJz1_CwHphROtrS-fbsRS_lEL8Lnhp4JBoVpoFxPtkTc
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