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50 | INNOVATIONS












            The following day's session began with a presen-
            tation by Mathieu Dufresne, Managing Director of
            COTY, France. From the introduction of the world's
            first highly purified ethanol to Lancaster's ocean-frien-
            dly solar range, the common thread running through
            the brand's innovations is sustainability, "the ultimate
            driver of innovation".



            THE FUTURE OF COASTAL
            TOURISM

            Although it constitutes a key economic sector for the
            prosperity of coastal populations, it also often has
            serious environmental consequences for marine and
            coastal ecosystems. Reducing the tourism industry's
            footprint and seeking more sustainable and regene-
            rative tourism models are crucial societal challenges.
            Innovative approaches include setting up coral re-
            generation farms to attract tourists (Coral Vita), un-
            derwater theme parks and laboratories (Underwater
            Gardens), custom-made barriers to separate bathers
            from sharks in South Africa and Australia (Shark Safe
            Barrier), and impact investing in the ocean sector (Ka-
            tapult Ocean).


            “Now we need to provide evidence of the
            impact of companies on the ocean, based
            on reliable figures. It's no longer enough to
            say you're committed to sustainable deve-
            lopment”.
            Ingrid Maurstad, Impact Director, Katapult
            Ocean


            FROM THE SEA TO THE PLATE
            In Singapore, people are already eating products pro-
            duced by growing fish cells in the laboratory (Avant
            Meats), and in Israel and New York, plant-based
            salmon  (Plantfish).  As  for  the  fishing  of  tomorrow,
            what if it was based on the biological dynamics of
            fish, communicated in real time using cameras and
            innovative monitoring tools? These techniques have   Nico Rosberg, Formula 1 world champion in 2016, and
            already been put in place by Safety Net Technologies   now a sustainable development entrepreneur and inves-
            and Pegasus Capital Advisors, who see the new High   tor in green technologies, came to talk about his com-
            Seas Treaty as a springboard to sustainability.      mitment to accelerating green innovation in the quest
                                                                 for positive impacts for the environment and future ge-
                                                                 nerations. He outlined his main criteria for selecting the
                                                                 start-ups he supports:  "Firstly, we invest in people, the
                                                                 founder and their team; secondly, we look at the poten-
                                                                 tial size of the market."
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