Investors want clear ocean management rules to scale up funding

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A UN push for investment to protect the world’s oceans yielded around $10 billion in deals at a conference last week, way below the estimated annual need as many investors seek clearer regulation on ocean management before committing funds.

While political leaders at the United Nations conference in Nice took steps to tackle overfishing and pollution threatening delicate ecosystems and the people who depend on them, getting countries to agree to better governance has proven tough.

Just 50 countries have so far ratified a new High Seas treaty which…



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Investors want clear ocean management rules to scale up funding


A UN push for investment to protect the world’s oceans yielded around $10 billion in deals at a conference last week, way below the estimated annual need as many investors seek clearer regulation on ocean management before committing funds.

While political leaders at the United Nations conference in Nice took steps to tackle overfishing and pollution threatening delicate ecosystems and the people who depend on them, getting countries to agree to better governance has proven tough.

Just 50 countries have so far ratified a new High Seas treaty which…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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