Swiss investment bank Credit Suisse has partnered with Rockefeller Asset Management to launch an impact fund that will finance projects improving ocean health, raising $212m pre-launch. The businesses claim that the ‘Ocean Engagement Fund’ is the first impact fund of its kind, in that it is solely dedicated to and fully aligned with Sustainable Development Goal (SDG) 14: Life Below Water. The Goal includes targets to address issues such as overfishing, marine pollution and acidification, and to boost conservation and restoration. READ MORE
The Common Maritime Agenda for the Black Sea (CMA) envisages the creation of the Black Sea Virtual Knowledge Centre (BSVKC) with a view of providing a centralized platform for information on blue economy to the stakeholders and to improve synergies across the stakeholders and blue economy related projects in the Black Sea.