There’s no better way to start World Ocean Day than speaking at a fantastic Solution Hub on “Mainstreaming Sustainable Blue Finance” at the Blue Economy & Finance Forum in Monaco.
📍Grimaldi Forum, Level 2, Monaco
⏰ Sunday 8th June, 7:00-8:30am
🔗https://beff2025monaco.org/programme/solution-hubs-side-events
🌊 Hosted by WWF, AXA and the Ocean Risk and Resilience Action Alliance (ORRAA), this Solution Hub brought together stakeholders to discuss existing best practice and future opportunities to build a sustainable blue finance ecosystem that ensures that finance is directed away from harmful activities and towards the most regenerative and sustainable blue economy pathways.
💡 The event provided an opportunity to discuss and share best practice and key enablers for success, including existing and emerging regenerative and sustainable blue finance frameworks, such as the principles, accountability metrics and guidance needed to build finance sector confidence in the sustainable blue economy. It also focused on how the insurance sector can play a pivotal role in de-risking finance and how innovative solutions, such as parametric insurance products, can mitigate risks, encourage investment, and enhance resilience.
🌊 I spoke on the panel that focuses on “Redirecting mainstream finance towards the Regenerative and Sustainable Blue Economy”. I was joined by speakers Johan Bergenas (WWF), Laura Clavey (Taskforce on Nature-related Financial Disclosures, TNFD), Martin Powell (AXA), Oliver Withers (Standard Chartered ), Alexandrina Boyanova (European Investment Bank, EIB), Suzanne Johnson (United Nations Global Compact), Lucie Pecqueur (Institut de la Finance Durable), Anna Heath (Synchronicity Earth), Nik Strong-Cvetich (Save The Waves Coalition), Kate Hansen Schweigart (Rare), Lasitha Perera (Development Guarantee Group), Charlotte Pengilly (Lloyd’s), Ariane Kaploun (AXA) and moderators Louise Heaps (WWF), Lucy Holmes (WWF) and Chip Cunliffe (Ocean Risk and Resilience Action Alliance).
This Solution Hub was part of the Blue Economy and Finance Forum (BEFF), which presented a key opportunity to mainstream sustainable blue finance.