The Ocean and the Bottom Line - #FII7 - Day 2
The imbalance between the oceans’ latent economic power and their relative underinvestment conveys a profound yet critical narrative. According to BCG, ocean assets are estimated to be worth more than USD $24 trillion and ocean-based industries are poised to be recognized as the world’s 7th largest economy — but overlooked ecological issues like the decline in biodiversity, fish stocks, lost habitats, and forecasted increase in climate refugees pose profound threats, not just environmentally, but also economically, with industries like tourism, agriculture, and supply chains integrally linked to ocean health. Against this backdrop, how can global entities capitalize on the potential of ocean resources in a manner that benefits both the planet’s ecosystems and financial bottom line?
Moderator:
H.R.H. Ambassador Reema Bandar Al Saud, Ambassador to the United States, Embassy of the Kingdom of Saudi Arabia
Speakers:
- Jason Channell, Head of Sustainable Finance, Citi Global Insights
- Alexandra Cousteau, Explorer, Oceans Advocate &, NEOM Advisory Board Member