Ocean Innovation Investing Opportunities
Blue Innovation From the Commonwealth Nations Source: Secretary General's Paper on Blue Ocean Initiative Commonwealth Blue Charter The Secretary General of the Commonwealth nations Patricia Scotland just laid out what she sees as new opportunities to invest in the emerging Blue Ocean Economy. She notes that 95% of the world's oceans are still unexplored. The value of global ocean assets is conservatively valued at $24 Trillion and the global ocean economy is worth $2.5 Trillion a year, according to experts cited by Secretary General Scotland. There is a series of investment opportunity ideas that the 53 Commonwealth nations have signed on to in their new Commonwealth Blue Charter. The Commonwealth nations that span the UK to Canada, Kenya, India and Australia include 1/3rd of all world coastal waters and 42% of all coral reefs within their jurisdictions. Their commitment to the Blue Ocean Charter has the potential of a big impact. ...