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Writer's pictureVincent Diringer

The Opportunities and Challenges of Financing the Blue Economy

Excerpt from Island Innovation:


The ocean is the most precious resource available to island communities around the world, and more must be done to maximize opportunities that protect, enhance, and enrich the environment and those who rely on it. This was the message delivered by the speakers at the Waitt Institutes’ panel at the Virtual Island Summit 2022. Moderated by Dr Angus Friday, the Director of Blue Economy at the Waitt Institute, the discussions held by the panel delved into the benefits and opportunities available for financing a marine-based economic solution for development within the Pacific region.


At the heart of the discussion were Taholo Kami, CEO of Kami Pasifiki Solutions, Noah Greenberg, Director at Starling Resources, Rhona Barr, an independent environmental economist, Coral Pasisi, a Senior Advisor at the Pacific Community, as well as William Kostka, Executive Director at Micronesia Conservation Trust. Together, they highlighted the innovation within the region and the pathways available to achieve a mark of 30% marine protected areas (MPAs) and 100% sustainable management.


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