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LEVERAGING ADVANCED INVESTMENT:
TECHNOLOGIES FOR EFFECTIVE, “Investing in marine protected areas is essential – a
COST-EFFICIENT MANAGEMENT nature-based solution that benefits local community
OF MARINE PROTECTED AREAS members first and foremost”, advised Anna
Draganova, Director of Pollination, an investment and
Creating more marine protected areas (MPAs) is crucial advisory firm specialising in climate change, who also
if we are to meet the ambitious target of protecting noted an increase in the issuance of blue bonds.
30% of land and seas by 2030. But managing MPAs
effectively is a huge challenge, with many remaining “Your technologies are really key as we need to improve
nothing more than ‘paper parks’. From state-of-the- MPA monitoring, which can be quite expensive,
art monitoring systems to data-based conservation to create better MPAs that protect biodiversity and
strategies, companies are offering cutting-edge fish stocks, and support carbon sinks”, explained
solutions to overcome these obstacles, reshaping the Romain Renoux, Executive Director of The MedFund,
landscape of marine conservation and ensuring the a financial mechanism that now supports 20 MPAs
long-term sustainability of our oceans. in 9 Mediterranean countries and connects investors,
scientists and conservation stakeholders.
DATA COLLECTION:
“We’re blind underwater, but now thanks to the At the final panel of this day dedicated to innovation,
development of innovative terrestrial and submarine speakers concluded that the solution lies in
monitoring systems that integrate sensor and collectivism, in innovation that fertilises action, and
robotics networks – a sort of ‘underwater internet’ – perhaps more diverse action, as illustrated by
we can imagine transforming marine big data into a the ocean-impact accelerators present, such as
cloud, allowing us to access information in real time”, OceanHub Africa and the Solar Impulse Foundation,
explained Chiara Petrioli, CEO of WSense, a deep whose representative, Pierre Vigor, noted that “we’re
tech company founded at Sapienza University in still using technologies from the past, but we need
Rome, where Petrioli is Professor in the Department ones designed for the future”. Stephen Murphy,
of Computer, Control and Management Engineering. Founder of ClimateImpact, stressed the power
of storytelling: “We need to elevate the voice of
“The idea is to develop a fleet of surface vessels to innovators, engineers and entrepreneurs advocating
increase monitoring, protection and data collection for the climate. And don’t forget that innovation
in marine areas, and on a large scale”, said Neil comes from entrepreneurs, not big companies. So
Tinmouth, Co-founder and CEO of ACUA Ocean, we need to connect entrepreneurs with investors.”
which focuses on scalable technologies. This view was echoed by Daniela Fernandez, Founder
of Sustainable Ocean Alliance, who underlined the
Nick Wise, CEO and Founder of OceanMind, “importance of this close connection between finance
described how this non-profit organisation helps and innovation”, a critical ingredient for the world of
authorities enforce maritime regulations more tomorrow.
effectively and supports intelligence-led, risk-based
law enforcement through satellite surveillance,
training and knowledge transfer.