Blue economy

ADEC Innovations Acquires Kedge Pty Ltd and Southern Ocean Carbon Company

Retrieved on: 
Monday, March 13, 2023

HOBART, Australia, Mar 14, 2023 - (ACN Newswire) - ADEC Innovations, a recognised global leader in designing and delivering sustainable development solutions that drive organisational value and impact, today announced it has completed its acquisition of Kedge Proprietary Limited ("Kedge") and Southern Ocean Carbon Company ("SOCC").

Key Points: 
  • HOBART, Australia, Mar 14, 2023 - (ACN Newswire) - ADEC Innovations, a recognised global leader in designing and delivering sustainable development solutions that drive organisational value and impact, today announced it has completed its acquisition of Kedge Proprietary Limited ("Kedge") and Southern Ocean Carbon Company ("SOCC").
  • These acquisitions further expand ADEC Innovations Environmental, Social, and Governance (ESG) expertise into the Blue Economy which focuses on balancing the health of the ocean's ecosystems with the economic growth associated with ocean resources.
  • Kedge and SOCC will leverage ADEC Innovations' information management capabilities and global reach to improve ocean stewardship worldwide.
  • Kedge and SOCC employees will join the 4,000-strong workforce that ADEC Innovations has across 27 operating sites and 20 countries.

ANGUILLA JOINS THE BLUE BELT INITIATIVE TO PROMOTE AN INCLUSIVE, SUSTAINABLE OCEAN ECONOMY

Retrieved on: 
Thursday, February 16, 2023

The UK’s Ocean Conservation Programme Blue Belt initiative seeks to steer progress by addressing the greatest challenges facing the world’s oceans today -- coastal management, biodiversity loss, and plastic pollution. Anguilla’s participation in this initiative will seek to respond to marine challenges, manage their coastal and marine resources to spur economic growth and reduce poverty, while adapting to the effects of climate change.

Key Points: 
  • The Valley (Anguilla), Feb. 16, 2023 (GLOBE NEWSWIRE) -- The Government of Anguilla has officially become the latest member to join the United Kingdom's Ocean Conservation Programme Blue Belt initiative.
  • The UK’s Ocean Conservation Programme Blue Belt initiative seeks to steer progress by addressing the greatest challenges facing the world’s oceans today -- coastal management, biodiversity loss, and plastic pollution.
  • By joining the Blue Belt initiative, Anguilla demonstrates her commitment to biodiversity, the Blue Economy and sustainable management of its marine resources, as she aims to become the most sustainable island in the region.
  • The initiative is part of a series of new innovations launched by the Government of Anguilla which aim to deliver inclusive and sustainable Blue Economic growth across the island-state.

Washington Trust Announces Funding Support for Northeast's Renewable Energy Projects

Retrieved on: 
Wednesday, February 1, 2023

WESTERLY, R.I., Feb. 1, 2023 /PRNewswire/ -- The Washington Trust Company, the nation's oldest community bank and one of the Northeast's premier financial services companies, announced that it has made a significant commercial loan to WindServe Marine, LLC, the Atlantic Coast's leading service provider for the offshore wind industry. The funding will enable WindServe to construct three new 88-foot crew transfer vessels (CTV), recently commissioned by the largest offshore wind developer in the world, Ørsted. This strategic support for the renewable energy industry expands Washington Trust's already robust and diverse portfolio into the progressive green electricity sector, which is expected to power the future for businesses and the planet.

Key Points: 
  • This strategic support for the renewable energy industry expands Washington Trust's already robust and diverse portfolio into the progressive green electricity sector, which is expected to power the future for businesses and the planet.
  • "Washington Trust was founded on the southwestern shoreline of Rhode Island and as a good corporate citizen, we are committed to protecting and preserving the local environment.
  • "I believe this financial support also reflects a mutual purpose that WindServe and Washington Trust share, a sense of responsible stewardship for helping the Northeast thrive."
  • Washington Trust believes that expanding its C&I loan portfolio demonstrates the bank's continued support of local economic needs, as well as positively contributing to global environmental and sustainability efforts."

Joined by Philanthropist Melanie Lundquist and Impact Investor Kat Taylor, Inna Braverman CEO of Eco Wave Power Unveiled United States' First Onshore Wave Energy Technology at the Port of Los Angeles

Retrieved on: 
Thursday, January 26, 2023

The demonstration of the technology is believed to be the first-ever onshore wave energy station showcased in the United States.

Key Points: 
  • The demonstration of the technology is believed to be the first-ever onshore wave energy station showcased in the United States.
  • It is essential to invest in the Blue Economy and renewable energy like Eco Wave Power's first-ever onshore wave energy technology, which is clearly making waves in the environmental sector."
  • Just last year, Eco Wave Power entered into an agreement with AltaSea to implement a first of its kind wave energy pilot at AltaSea's premises at the Port of Los Angeles.
  • In just over a year, Eco Wave Power has successfully modified, upgraded, and transported the conversion unit to Los Angeles.

Joined by Philanthropist Melanie Lundquist and Impact Investor Kat Taylor, Inna Braverman CEO of Eco Wave Power Unveiled United States' First Onshore Wave Energy Technology at the Port of Los Angeles

Retrieved on: 
Thursday, January 26, 2023

The demonstration of the technology is believed to be the first-ever onshore wave energy station showcased in the United States.

Key Points: 
  • The demonstration of the technology is believed to be the first-ever onshore wave energy station showcased in the United States.
  • It is essential to invest in the Blue Economy and renewable energy like Eco Wave Power's first-ever onshore wave energy technology, which is clearly making waves in the environmental sector."
  • Just last year, Eco Wave Power entered into an agreement with AltaSea to implement a first of its kind wave energy pilot at AltaSea's premises at the Port of Los Angeles.
  • In just over a year, Eco Wave Power has successfully modified, upgraded, and transported the conversion unit to Los Angeles.

Plainsight and MarineSitu Announce Collaboration to Propel a Sustainable Blue Economy Into The Future

Retrieved on: 
Wednesday, January 4, 2023

SAN FRANCISCO, Jan. 4, 2023 /PRNewswire/ -- Plainsight, the leader in proven vision AI, today announced its collaboration with MarineSitu, a provider of state-of-the-art marine hardware and software, to create innovative vision AI monitoring solutions for the Blue Economy, enabling Marine Energy devices to coexist harmoniously with aquatic life. Plainsight's managed services and vision AI tools will be integrated with MarineSitu's user-friendly underwater camera and sonar software and hardware for faster, lower-cost video processing, analysis, and alerting. This partnership will deliver underwater intelligence to MarineSitu users and customers, reducing environmental risks and mitigating negative impacts across the Blue Economy.

Key Points: 
  • This partnership will deliver underwater intelligence to MarineSitu users and customers, reducing environmental risks and mitigating negative impacts across the Blue Economy.
  • The Blue Economy relates to "sustainable use of ocean resources for economic growth," according to the World Bank.
  • In 2018, the American Blue Economy supported 2.3 million jobs and contributed $373 billion to the US GDP.
  • With Plainsight, MarineSitu is poised to deliver powerful vision AI solutions to marine energy customers for continuous underwater monitoring and real-time data processing.

The World Travel & Tourism Council Announces Collaboration with UNWTO and Sustainable Hospitality Alliance at COP15

Retrieved on: 
Monday, December 12, 2022

MONTREAL, Dec. 12, 2022 /PRNewswire/ -- During COP15 in Montreal today, the World Travel & Tourism Council (WTTC), United Nations World Tourism Organization (UNWTO) and the Sustainable Hospitality Alliance (the Alliance) announced a new collaboration which will bring together the public and private sectors in a shared vision to halt and reverse biodiversity loss by 2030.

Key Points: 
  • MONTREAL, Dec. 12, 2022 /PRNewswire/ --During COP15 in Montreal today, the World Travel & Tourism Council ( WTTC ), United Nations World Tourism Organization (UNWTO) and the Sustainable Hospitality Alliance (the Alliance) announced a new collaboration which will bring together the public and private sectors in a shared vision to halt and reverse biodiversity loss by 2030.
  • As part of the broad Alliance of stakeholders for 'Nature Positive Travel & Tourism', UNWTO shows its commitment to the Global Biodiversity Framework of COP15 making tourism the Guardian of Nature.
  • The World Travel & Tourism Council ( WTTC ) represents the global travel & tourism private sector.
  • Members include 200 CEOs, Chairs and Presidents of the world's leading travel & tourism companies from all geographies covering all industries.

Shenzhen Global Marine Forum to Focus on Ocean Leadership, Sustainability

Retrieved on: 
Monday, November 28, 2022

SHENZHEN, CHINA, Nov. 28, 2022 (GLOBE NEWSWIRE) -- The Shenzhen Global Marine Economy Forum 2022, the executive strategy session of the high-powered China Marine Economy Expo, opened Thursday with the aim of further developing China's booming "Blue Economy" and boosting global exchange and cooperation.

Key Points: 
  • SHENZHEN, CHINA, Nov. 28, 2022 (GLOBE NEWSWIRE) -- The Shenzhen Global Marine Economy Forum 2022, the executive strategy session of the high-powered China Marine Economy Expo, opened Thursday with the aim of further developing China's booming "Blue Economy" and boosting global exchange and cooperation.
  • This year's marine forum, titled "Leadership for the Sustainable Expansion of the Marine Economy," will bring together dozens of senior government officials, top business executives, leaders of global organizations, academic experts and renowned thought leaders.
  • "The Shenzhen Global Marine Economy Forum is a bridge for exchanges and communication between Shenzhen and the rest of the world," said Huang Min, deputy mayor of Shenzhen Municipality, during the opening ceremony.
  • The Shenzhen Global Marine Forum is hosted by the China Oceanic Development Foundation, Global Ocean Capital Promotion Council of Shenzhen and the Yantian District People's Government of Shenzhen.

Future Planet Capital backs Roslin Tech’s momentum with further investment

Retrieved on: 
Friday, November 4, 2022

We are very pleased that Future Planet Capital continues to support us both financially and strategically.

Key Points: 
  • We are very pleased that Future Planet Capital continues to support us both financially and strategically.
  • Future Planet is the impact-led venture capital firm built to back growth companies from the world's top universities and research ecosystems.
  • Future Planet Capitals goal is to profitably solve the world's greatest challenges in climate change, education, health, sustainable growth & security.
  • Future Planet Challenge Response II (CRII) is a thematic basket investing in top companies directly combating the effects of climate change.

Ecomondo: "SwitchMed Connect", the European Union's circular economy event, in Italy for the first time

Retrieved on: 
Monday, October 24, 2022

The second day will feature the #EYESONBLUE ceremony awarding prizes to the 3 best entrepreneurs and their innovative Blue Economy projects.

Key Points: 
  • The second day will feature the #EYESONBLUE ceremony awarding prizes to the 3 best entrepreneurs and their innovative Blue Economy projects.
  • The contest is jointly organised by the European Commission's Directorate-General for Neighbourhood and Enlargement Negotiations (DG NEAR) , EU Neighbours South and the SwitchMed programme.
  • The programme includes "SwitchMed: sustainable and circular fish food systems for a Blue Economy in the Mediterranean" and conferences on transversal topics: textile and fashion industry, access to sustainable finance, circularity of plastics and open-eco innovation.
  • Italian Exhibition Group Press Contacts: