Mar+Invest and Global Fund for Coral Reefs

MAR+Invest is a blended finance mechanism with strong monitoring and evaluation of impacts, business acceleration and a capacity building program to enable conditions for a sustainable ocean-based economy in the Mesoamerican Reef (MAR). It will invest in market-based initiatives that make a positive contribution to the health and resilience ofContinue Reading

blue-economy-initiative

The European Commission (EC) and the EIF (European Investment Fund) have been making available additional resources through initiatives under the EFSI (European Fund for Strategic Investments) Equity Instrument and InnovFin Equity to further support innovations in the fields of artificial intelligence, blockchain, space technology, impact investing and blue economy. TheContinue Reading

coaching-wedge-blenewables

DNV GL has launched a venture fund in response to the challenges of the “decade of transformations,” which will be defined by the energy transition and the fourth industrial revolution. DNV GL Ventures will build a portfolio of between 15-20 startups in the next four years, taking stakes of upContinue Reading

BlueInvest Fund

The European Commission is partnering with the European Investment Fund, part of the European Investment Bank Group (EIB), to launch the BlueInvest Fund. During the BlueInvest Day conference in Brussels, EIB Vice-President Emma Navarro and Virginijus Sinkevičius, Commissioner for Environment, Oceans and Fisheries, launched a €75 million equity investment fund for theContinue Reading

problue annual report 2019 Photo by Markos Mant on Unsplash

Problue is a new Umbrella 2.0 program, housed at the World Bank, that supports the development of integrated, sustainable and healthy marine and coastal resources. Recently, they’ve published the Problue Annual Report 2019. The report summarises the financial information of the program in the different pillars it works at, asContinue Reading

Foresea_backs_5_startups

FORESEA (Funding Ocean Renewable Energy through Strategic European Action) is an €11m Interreg North West Europe project. Its helps bring offshore renewable energy technologies to the market by providing free access to North-West Europe’s world-leading network of test centres. The EU-funded FORESEA programme has awarded recommendations for support to fiveContinue Reading