Sustainable Blue Finance
Take inspiration and learn from our collection of case studies, bringing you pioneering stories of sustainable approaches to ocean finance from amongst our membership.
This compilation of case studies provides practical examples of successful or challenging projects using the recommendations laid out in the Turning the Tide and Diving Deep guidance documents and/or aligned with the Sustainable Blue Economy Finance Principles.
ORRAA, with support from AXA, University of California Santa Cruz and IHE Delft
The Coastal Risk Index is an innovative modelling tool designed to calculate coastal flood hazards under different climate change scenarios and quantify the potential risk reduction benefits of coral reefs and mangroves for coastal communities around the world. Read more…
Rare and WTW
Rare and WTW, an insurance broker, are piloting a parametric insurance solution for fishers in the Philippines to combat income losses from prolonged periods of adverse weather which prevent safe fishing. The coverage is an affordable, scalable product that provides payments directly to fishers when the policy is triggered. Read more…
Mesoamerican Reef Fund, with partners across the Caribbean and support from Willis Towers Watson (WTW)
By scaling innovative risk financing to build the resilience of coral reefs to extreme climate events, this project facilitates coordinated response plans, in-the-water skills, and bespoke risk financing instruments (including parametric insurance) that coastal communities need to jump-start reef recovery and maintain the myriad benefits that these high-value natural assets provide. Read more…
HSBC and The Nature Conservancy
Blue Impact Bonds for Nature seeks to establish a replicable framework for establishing an environmental impact bond, with proceeds funding nature-based restoration activities that mitigate climate change and improve coastal livelihoods. Read more…
Storebrand Asset Management; Grieg Seafood; Norwegian Institute for Nature Research and WWF Norway
As of today, there is no standard for how to define and report on nature-related risks, and corporate disclosure on impacts and dependencies on nature is limited. Several international initiatives are trying to fill this gap. Learn with this case study about a pilot project that aims to demonstrate how a real-economy company, in the seafood industry, can start reporting in a more structured way on nature-related risks and identify areas for improvement. Read more…
WWF Denmark; Green Digital Finance Alliance; Copenhagen Business School; AkademikerPension; ATP; Danica Pension; PensionDenmark, and PKA
Often, financial institutions have limited awareness and understanding of their activities’ impacts and dependencies on the marine environments, their potential exposures to multiple pressures and material risks across various sectors, economic activities and geographies, and of how to possibly engage with companies operating in these areas. The objective of the Making Oceans Count initiative is to have material marine ecosystem-related risks and opportunities accounted for by key actors within the Nordic financial sector. Read more…
BNP Paribas Asset Management; Asia Research & Engagement; Nichirei Corporation; Toyo Suisan Kaisha
Learn more about BNP Paribas Asset Management’s experience engaging with two seafood companies to improve their sustainable blue economy practices, track their progress and report back to the relevant stakeholders. Read more…
Climate Fund Managers and ST International
Read about a case study regarding two nearshore windfarm projects in receipt of blended finance funding. Climate Investor One is a blended finance facility delivering renewable energy infrastructure projects in emerging markets. One of these windfarm projects is a 48 MW wind farm with 12 wind turbines, and the other is a 78 MW wind farm with 18 turbines. Read more…
Neoline Development, ESAFON and European Investment Bank
Based on centuries of cargo sailing experience, sea wind propulsion is at hand with the help of new technologies and digitalisation to address immediately the ticking bomb of climate change as a hybrid solution. Read more…
Blue Finance
Blue Finance presents an innovative and scalable approach that uses blended finance into MPAs to strengthen natural resource management, improve food security, promote sustainable development and enhance climate change resilience. Learn more about their approach and alignment with the Principles by downloading this case study. Read more…
Rockefeller Asset Management
Discover how Rockefeller Asset Management used the Guidance and Principles in shareholder engagement, addressing ship demolition, ship recycling and net-zero emissions from shipping, and contributing to succesful outcomes such as the Ship Recycling Transparency Initiative and the Investor Expectations for Shipping Transition to Net Zero Emissions, published by the Sustainable Market Initiative of the Financial Services Task Force. Read more…
Hellenic Hull Management, managers of American Hellenic
Check out how a company has used the Turning the Tide guidance to align its business strategy with the Sustainable Blue Economy Finance Principles and to become the first company producing an annual report to the Sustainable Blue Economy Finance Initiative. Read more…
SeaAhead
In December 2019, SeaAhead’s Blue Angels Investment Group identified Beta Hatch, an insect-based alternative feed start-up, as a sustainable investment opportunity within the blue economy’s seafood sector. Learn more about their experience and how they are aligning this investment to the sustainable blue economy. Read more…
We invite all members of the Sustainable Blue Economy Finance Initiative to share case studies with us. If you are interested in doing so, please contact Karla Martínez Toral.
Watch our webinar to hear from financial institutions on practical actions taken towards implementing the Sustainable Blue Economy Finance Principles and associated Turning the Tide Guidance.