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SOLUTIONS FOR THE OCEAN / INNOVATIONS | 53

THE

The mission of the Ocean Decade
(2021-2030) is to catalyse transformative
ocean science solutions for sustainable
development, connecting people and
our ocean.

INVESTMENT, A KEY ELEMENT
OF THE ECOSYSTEM

The second part of the conference focused on fi-
nancial resources as the very foundation of innova-
tion. Impact investing, which serves ocean science,
is an emerging investment solution, as Jonas Skat-
tum Svegaarden, Director of Katapult, demonstrated
when presenting a coalition of 1,000 start-ups, all
with the Ocean Decade seal of approval.

The private sector can in turn become a leader in
innovation and Ocean Decade label facilitates the
deployment of resources and innovation in terms of
investment, as confirmed by Brian Tsuyoshi Takeda,
at the head of Urchinomics, an accredited company
which helps to restore kelp ecosystems.

But more than anything else, given that the whole
Decade is based on the idea of a necessary alliance
between science, local communities, decision-ma-
kers, industrialists, and financiers, it is the co-design
process which seems to be at the heart of all poten-
tial, as brilliantly demonstrated by Angela Bednarek,
Director of The Evidence Project, Pew Trusts who is
seeking to convince a network of philanthropists to
invest in this process.

As this decade kicks off, the hopes are high, but the
courses of action are being defined and organised.
“Solutions already exist that are based on ocean
knowledge and there is room for many partners to
join the momentum of the Ocean Decade”, proclai-
med Alison Clausen, Programme Specialist at the
Marine Policy and Regional Coordination Section of
the Intergovernmental Oceanographic Commission
of UNESCO, which initiated the event.
© Jett Britnell - Ocean Image Bank