{"id":6997,"date":"2019-10-30T12:39:02","date_gmt":"2019-10-30T12:39:02","guid":{"rendered":"https:\/\/cos.m5i.com\/?p=523"},"modified":"2019-10-30T12:39:02","modified_gmt":"2019-10-30T12:39:02","slug":"producing-and-protecting-ocean-resources-shared-international-interests-a-canadian-opportunity","status":"publish","type":"post","link":"https:\/\/oceansupercluster.ca\/fr\/producing-and-protecting-ocean-resources-shared-international-interests-a-canadian-opportunity\/","title":{"rendered":"Producing and Protecting Ocean Resources \u2013 Shared International Interests, A Canadian Opportunity"},"content":{"rendered":"
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Last week, I had my first ever trip to Oslo.\u00a0It was a busy ocean-focused week. I first attended the High-Level Panel for a Sustainable Ocean Economy Advisory Network meeting. The High-Level Panel is led by 14 world leaders who recognize that economic production and ocean protection are interlinked and are developing solutions that address both the health and wealth of the ocean. We were provided with updates from various committees including an update on the Intergovernmental Panel on Climate Change Cryosphere report<\/a>, which includes devastating findings around CO2 absorption and ocean acidification, warming water temperatures and sea level rise. There is still much to be done and not a lot of time to reverse the current trajectory of the ocean. The High-Level Panel\u2019s report<\/a>: The Ocean as a Solution for Climate Change was also discussed.\u00a0In that report, five key measures could contribute up to a 21 per cent decrease in the impacts of climate change.\u00a0The panel encouraged the audience to think about the ocean as an active part of the solution, not just as a victim, and even more importantly, to listen to the science.<\/section>\n
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On Wednesday and Thursday, I attended Our Ocean, a conference that was organized to build partnerships and knowledge to learn, share and act for a clean, healthy and productive ocean.\u00a0The conference included government leaders, large and small businesses, research institutions\u00a0and NGOs sharing the steps they are taking to protect the ocean including the Prime Minister of Norway, Erna Solberg and the Crown Prince, Haakon Magnus.\u00a0Many discussed the trade-off between ocean productivity and protection, and humanity\u2019s responsibility to consider both if we want to bring our ocean back into balance.<\/p>\n

There were several innovation talks throughout the two days. Companies from around the world presented their solutions to help protect the ocean, leveraging new technologies, and the business opportunities they represent.\u00a0These included:<\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Aquaii<\/a>\u00a0\u2013 United States company saving the seas through fish-as-a-service.<\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Corvus Energy<\/a>\u00a0– Energy storage company started in Vancouver 2009 and moved head office to Norway in 2019.<\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Ocean Sun<\/a>\u00a0– Norwegian company that builds solar power on floating membranes.<\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Ellipsis<\/a>\u00a0– UK company using machine learning for plastics tracking.<\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Ocean Visuals<\/a>\u00a0– Norwegian company with lasers in the subsea to detect hydrocarbons and phytoplankton.<\/p>\n

There were several other events happening in tandem as part of the conference.\u00a0The first was jointly organized by Bloomberg Philanthropies<\/a> and REVOcean<\/a>.\u00a0The CEO of Bloomberg Philanthropies spoke about her understanding that only one per cent of philanthropic spending is on ocean despite that fact that it covers two-thirds of the planet.\u00a0Bloomberg announced that it will be leveraging its tracking capability in conjunction with Global Fish Watch through the Bloomberg Terminal <\/a>to allow more transparency around the location of fishing vessels and climate change information with the intent of driving more investment towards responsible actors.<\/p>\n

REVOcean also asked me to participate in a financing panel to share the OSC approach and the opportunities in Canada. It was a panel of five women, a relatively rare event in the ocean space. The panel included Nordea<\/a>\u00a0and Asia Development Bank<\/a> who talked about sustainable finance as well as the current trends and opportunities in ocean. In addition to myself, the panel also included RevOcean and the Katapult Accelerator<\/a>, an accelerator focused on investing in impact-driven companies aiming to solve global challenges.<\/p>\n

Friday, I spent the day meeting various organizations and gaining a greater understanding of the Norwegian ecosystem. I was very lucky with the weather that allowed me to walk around the city and explore the beautiful architecture as I moved between events.<\/p>\n

My key takeaways:<\/p>\n

\u2776\u00a0\u00a0There are lots of similarities between Canada and Norway.<\/strong> Several I met commented on the easy cultural fit between organizations in the two countries.\u00a0There is definitely more opportunity for organizations to work together and lots of interest in doing so.<\/p>\n

\u2777\u00a0\u00a0Governance when it comes to the ocean is a challenge for many countries.<\/strong>\u00a0No one government department typically overseas all ocean activity which makes it difficult to develop coordinated solutions to ocean challenges.\u00a0The OSC is working to help align ocean initiatives where we can to maximize impact while minimizing duplication.<\/p>\n

\u2778\u00a0\u00a0There are tremendous opportunities for Canadian companies to build solutions to produce and protect ocean resources, but the time is NOW<\/strong>. The ocean economy is growing fast and we need to be part of the solutions that impact our coastline; with the longest coastline in the world, we have much to gain but also much to lose.<\/p>\n<\/section>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Last week, I had my first ever trip to Oslo.\u00a0It was a busy ocean-focused week. I first attended the High-Level Panel for a Sustainable Ocean Economy Advisory Network meeting. The […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[17],"tags":[],"class_list":["post-6997","post","type-post","status-publish","format-standard","hentry","category-blog-post"],"acf":[],"_links":{"self":[{"href":"https:\/\/oceansupercluster.ca\/fr\/wp-json\/wp\/v2\/posts\/6997","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/oceansupercluster.ca\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/oceansupercluster.ca\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/oceansupercluster.ca\/fr\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/oceansupercluster.ca\/fr\/wp-json\/wp\/v2\/comments?post=6997"}],"version-history":[{"count":0,"href":"https:\/\/oceansupercluster.ca\/fr\/wp-json\/wp\/v2\/posts\/6997\/revisions"}],"wp:attachment":[{"href":"https:\/\/oceansupercluster.ca\/fr\/wp-json\/wp\/v2\/media?parent=6997"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/oceansupercluster.ca\/fr\/wp-json\/wp\/v2\/categories?post=6997"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/oceansupercluster.ca\/fr\/wp-json\/wp\/v2\/tags?post=6997"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}