Sustainable Development Goal 14

Vital Voices Kicks Off Women’s History Month with an Interactive Art Exhibit at the United Nations and our 17th Annual Global Mentoring Walks

Retrieved on: 
Friday, March 1, 2024

Each woman profiled in the exhibit is tackling one of the 17 Global Goals.

Key Points: 
  • Each woman profiled in the exhibit is tackling one of the 17 Global Goals.
  • Join influential women leaders at the High Line in New York City for the 17th Global Vital Voices Global Mentoring Walks.
  • With over 135 walks planned in 43 countries for the 2024 Vital Voices Global Mentoring Walks leading up to International Women’s Day, this event marks a global movement toward gender parity and empowerment.
  • To learn more about this event and Global Mentoring Walks happening all around the world, click here .

Tsushima Ocean Kitchen Knife - A Fresh Approach and Value Creation in Addressing the Marine Waste Issue

Retrieved on: 
Wednesday, November 22, 2023

Blessed with abundant nature and delicious food, Tsushima in Nagasaki Prefecture is a beautiful place, but it faces a major problem of marine plastic waste.

Key Points: 
  • Blessed with abundant nature and delicious food, Tsushima in Nagasaki Prefecture is a beautiful place, but it faces a major problem of marine plastic waste.
  • Every year, a large amount of marine waste from neighboring countries washes ashore, and Tsushima City invests approximately 280 million yen annually in its collection and disposal.
  • Despite its efforts, however, Tsushima City is limited in the amount of waste it can collect annually, and disposing of all marine plastic waste is a challenging task.
  • MUSASHI JAPAN has created the "Tsushima Ocean Kitchen Knife" by collecting marine debris that has washed ashore on Tsushima and reusing it as knife handles.

Antarctic Ocean Conservation Body under pressure to live up to its name

Retrieved on: 
Sunday, October 15, 2023

The Special meeting disappointingly ended with no further progress due to a couple of countries thwarting the full consensus needed.

Key Points: 
  • The Special meeting disappointingly ended with no further progress due to a couple of countries thwarting the full consensus needed.
  • We know it can make decisions to approve fishing, and they should be able to do so on conservation.
  • It's time for CCAMLR to get the job done," said Claire Christian, Executive Director of Antarctic and Southern Ocean Coalition.
  • The balance between conservation and fishing needs to be urgently reset," said Emily Grilly, Antarctic Conservation Manager for WWF.

New Guidance on Blue Bonds to Help Unlock Finance for a Sustainable Ocean Economy

Retrieved on: 
Wednesday, September 6, 2023

Released today, the voluntary guidance provides market participants with clear criteria, practices, and examples for “blue bond” lending and issuances.

Key Points: 
  • Released today, the voluntary guidance provides market participants with clear criteria, practices, and examples for “blue bond” lending and issuances.
  • The Guidance builds on the existing global market standards that underpin the global sustainable bond markets and also draws on pre-existing specific blue guidance: ICMA Green Bond Principles , UNEP FI's Sustainable Blue Economy Finance Principles and associated Blue Finance Guidance , the UN Global Compact's Practical Guidance to Issue a Blue Bond and Sustainable Ocean Principles , the Asian Development Bank's Ocean Finance Framework and Green and Blue Bond Framework , and the IFC's Guidelines for Blue Finance .
  • ICMA: “We are very pleased to support this global practitioner's guide for bonds to finance the sustainable blue economy.
  • Green bonds that focus on blue projects, also known as “blue bonds”, have great potential to expand the pool of capital market finance dedicated to the blue economy,” said Nicholas Pfaff, Deputy CEO and Head of Sustainable Finance, ICMA.

Bank of America Refinances Gabon Sovereign Debt for Nature and Ocean Conservation

Retrieved on: 
Tuesday, August 15, 2023

LONDON, Aug. 15, 2023 /PRNewswire/ -- Bank of America announces the completion of the first ever debt-for-nature transaction in Continental Africa to refinance $500 million of sovereign debt of the Gabonese Republic ("Gabon").

Key Points: 
  • LONDON, Aug. 15, 2023 /PRNewswire/ -- Bank of America announces the completion of the first ever debt-for-nature transaction in Continental Africa to refinance $500 million of sovereign debt of the Gabonese Republic ("Gabon").
  • Similarly, a Blue Loan is a loan where the proceeds are dedicated to finance or refinance activities that contribute to ocean protection.
  • Bank of America acted as Sole Initial Purchaser, Structuring Agent and Bookrunner on the $500 million issuance, marking the start of what will be a 15-year-long conservation and refinancing project for Gabon.
  • For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts .

Bank of America Refinances Gabon Sovereign Debt for Nature and Ocean Conservation

Retrieved on: 
Tuesday, August 15, 2023

LONDON, Aug. 15, 2023 /PRNewswire/ -- Bank of America announces the completion of the first ever debt-for-nature transaction in Continental Africa to refinance $500 million of sovereign debt of the Gabonese Republic ("Gabon").

Key Points: 
  • LONDON, Aug. 15, 2023 /PRNewswire/ -- Bank of America announces the completion of the first ever debt-for-nature transaction in Continental Africa to refinance $500 million of sovereign debt of the Gabonese Republic ("Gabon").
  • Similarly, a Blue Loan is a loan where the proceeds are dedicated to finance or refinance activities that contribute to ocean protection.
  • Bank of America acted as Sole Initial Purchaser, Structuring Agent and Bookrunner on the $500 million issuance, marking the start of what will be a 15-year-long conservation and refinancing project for Gabon.
  • For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts .

CERTIFIED ORIGINS PARTNERS WITH THE FUTURE FOOD INSTITUTE TO EDUCATE THE NEW GENERATION OF CLIMATE SHAPERS

Retrieved on: 
Thursday, September 22, 2022

NEW YORK, Sept. 22, 2022 /PRNewswire/ -- Certified Origins , a European-based company specializing in fresh and authentic extra virgin olive oil and traditional food products, has recently signed a partnership with the Future Food Institute (FFI).

Key Points: 
  • NEW YORK, Sept. 22, 2022 /PRNewswire/ -- Certified Origins , a European-based company specializing in fresh and authentic extra virgin olive oil and traditional food products, has recently signed a partnership with the Future Food Institute (FFI).
  • As part of this partnership, Certified Origins will be sponsoring both in-person and digital bootcamps to the next generation of climate shapers, define hackathon challenges, and support the growing regenerative agriculture ecosystem.
  • Certified Origins has a history of supporting "glocal" food systems, promoting food traditions and cultures that both support local communities and foster health and happiness.
  • "At Certified Origins, land, health and sustainable food systems are at the core of our ethos, and we want to continue to lead and innovate in this space."

Circulate Capital Achieves Third Close for Circulate Capital Ocean Fund I-B, Led by the International Finance Corporation (IFC) and Proparco

Retrieved on: 
Wednesday, July 27, 2022

IFC's investment includes an equity commitment of US $5 million from the Finland-IFC Blended Finance for Climate Change Program .

Key Points: 
  • IFC's investment includes an equity commitment of US $5 million from the Finland-IFC Blended Finance for Climate Change Program .
  • "We're delighted to support Circulate Capital in its efforts to tackle the plastic-waste crisis in Asia," said William Sonneborn, IFC's Senior Director of Disruptive Technologies and Funds.
  • It will also increase access to much-needed capital for the small and medium-sized enterprises delivering these important solutions."
  • "The race to unlock the investment potential of the circular economy is heating up," said Rob Kaplan, CEO and Founder of Circulate Capital.

The Global Fund for Coral Reefs Investment Fund Announces First Closing and Anchor Investment by Green Climate Fund to Increase the Resilience of Coral Reefs and Coastal Communities Threatened by Climate Change

Retrieved on: 
Thursday, July 14, 2022

The Global Fund for Coral Reefs is a blended finance initiative dedicated to catalyzing investment on behalf of critically threatened coral reefs and climate-vulnerable coastal communities.

Key Points: 
  • The Global Fund for Coral Reefs is a blended finance initiative dedicated to catalyzing investment on behalf of critically threatened coral reefs and climate-vulnerable coastal communities.
  • Craig Cogut, Founder & CEO, Pegasus Capital Advisors said, "We are thrilled and grateful for the commitment of the Green Climate Fund as an anchor investor and for Builder's Vision's contribution.
  • Yannick Glemarec, Executive Director, Green Climate Fund said, "As a junior equity investor in the Global Fund for Coral Reefs (GFCR), the Green Climate Fund (GCF) hopes the GFCR closing will catalyze additional private capital into the GFCR Investment Fund.
  • About the Global Fund for Coral Reefs,
    The Global Fund for Coral Reefs is a target $625 million blended finance initiative comprised of a $500 million target size Investment Fund and $125 million target size Grant Fund.

More than 150 companies take principled stand at UN Ocean Conference

Retrieved on: 
Tuesday, June 28, 2022

In addition to the Ten Principles of the UN Global Compact, the Sustainable Ocean Principles provide a framework for responsible business practices across ocean sectors and geographies.

Key Points: 
  • In addition to the Ten Principles of the UN Global Compact, the Sustainable Ocean Principles provide a framework for responsible business practices across ocean sectors and geographies.
  • Companies signing on to the Sustainable Ocean Principles commit to assess their impact on the ocean and integrate ocean sustainability into their overall strategy.
  • Todays commitment by 150 blue economy companies showcases the private sectors willingness to support SDG 14.
  • Some of the largest blue economy companies, including Mediterranean Shipping Company (MSC), Orsted and SAP SE, have joined the 150 signatories of the UN Global Compact Sustainable Ocean Principles.