Category: Commodities
Ahead of her speech at our "Blue Economy" event tomorrow, EIB's Vice President Emma Navarro writes on the urgency of prioritising the blue economy Ahead of her speech at our "Blue Economy" event tomorrow, EIB's Vice President Emma Navarro writes on the urgency o… Ahead of her speech at our "Blue Economy" event tomorrow, EIB's Vice President Emma Navarro writes on the urgency of prioritising the blue economy
Dec 2nd, 2019
RI's "Investing in the Blue Economy" event takes place tomorrow! For further information on the event, please click here.
New York – The Earth’s oceans face many threats, none of which have quick fixes. Still, the solutions are known, and with a sufficiently broad coalition of partners, we can get the ball rolling on a number of fronts. Investors have an opportunity to lead the way.
A wide range of human activities – from burning fossil fuels to over-fishing – have been degrading the oceans for years. By increasing the absorption of carbon dioxide, global warming is acidifying the oceans and reducing oxygen levels, harming or killing marine plants, animals, and other organisms. And as the ice caps melt, rising sea levels are increasingly putting hundreds of millions of people in coastal areas at risk.
Moreover, a lack of modern treatment plants in many cities, especially in Africa and Asia, mean that raw sewage is being dumped directly int…