The Blue Economy as defined by the World Bank is the "sustainable use of ocean resources for economic growth, improved livelihoods, and job creation while preserving the health of ocean ecosystems."
The Blue Economy produces $3trillion in global GDP annually, which is equivalent to the size of France. It feeds 200 billion people and employs hundreds of millions of people. Coastal communities and Island nations rely on the economic development that the ocean and waterways provide. The need to protect our ocean and develop the technology and other solutions to protect those communities is paramount to their survival.
A healthy ocean helps all people. Entrepreneurs all over the world are developing solutions on Blue Tech, Aquaculture, Offshore Shipping, Renewable Energy and other blue tech sectors. The investment opportunities in Blue Economy are substantial. According to the United Nations, since 1995, the Blue Economy has grown 2.5x while the global economy has grown 1.9x. However, the Blue Economy is not formally addressed in the financial markets.
We helped develop the UNC Wilmington Blue Economy Index, which follows the largest publicly traded companies that produce the most revenues from their ocean-related activities in a sustainable manner. The index is published on Bloomberg, ticker: Blueeco. This innovative index is the first of its kind to measure the size and scope of the Blue Economy. The index has outperformed all benchmarks.
We are committed to our participation in bringing Blue Economy opportunities to investors, either through indexing or our advisory services to the entrepreneurs who are doing the real work in providing the solutions not only for ocean health but for the economic well-being of our coastal communities.
Please contact us for a more detailed conversation on the Blue Economy and how we can help your organization.