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SOLUTIONS FOR THE OCEAN / INNOVATIONS           | 61









                Fishing industry estimated
                 at over $150 billion.                                                           Phytoplankton productivity, which
                  Whales contribute to the                                                       is enhanced by whales, captures
                   food web chain and                                                            37 billion tons of CO  per year.
                    increased fish stocks.  How much is one whale worth?                                      2










                                                                                    Each whale sequester 33 tons
                                                                                    of CO ,on average, when it dies
                                                                                       ²
                                    Whale watching                                  and sinks to the ocean floor.
                                    industry estimated
                                    at over $2 billion globaly.







                                                                                             Source: "Nature’s solution to climate change:
                                                                         A strategy to protect whales can limit greenhouse gases and global warming",
                                                                                         Ralph Chami & al., Finance & Developpement, 2019
          MOBILISING THE ECONOMIC
          FABRIC
          In addition to ensuring greater protection of the na-
          tural environment, the private sector can provide
          several guarantees to attain goals: assurance as to    IN
          resources, new services, partnerships with the public   FIGURES
          sector, as well as the provision of new technology for
          the benefit of environmental issues.
                                                               2 million dollars
          Thanks  to  its  Ocean Disclosure Initiative,  the  One   Estimated mean value of a great whale,
          Ocean Foundation is seeking to encourage, via lob-   based on the various services rendered.
          bying  efforts,  private  investors  to  invest  in  eco-res-  (source: Finance & Developpement, 2019)
          ponsible projects to promote the preservation of
          marine and coastal ecosystems. Supporting the de-
          ployment of measures to monitor the impact of the
          private sector on the ocean, this Foundation has also
          established a sustainability framework based on over   IN
          twenty different criteria.
                                                                SIGHT
          The carbon equivalence scheme, often criticised,
          was  also  analysed  by  the  experts  who  once  again
          underlined the role of the private sector in the protec-  “Ocean health will benefit from the
          tion of the ocean environment.                       introduction of a measurement standard
                                                               concerning the environmental pressure
                                                               on the ocean by society.”
                                                               Jan Pachner, Secretary General
                                                               of the One Ocean Foundation
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