All articles tagged with #blue economy
Prince William emphasized the urgent need to protect the world's oceans, highlighting their vital role in sustaining life and the threats they face from climate change, pollution, and overfishing, while calling for global action and investment at the Monaco Oceans summit.
The Biden-Harris Administration, through the Department of Commerce and NOAA, is awarding $54.3 million to four business accelerators to support small businesses in the Blue Economy. Funded by the Inflation Reduction Act, these accelerators will help develop technologies for ocean renewable energy, carbon sequestration, hazard mitigation, and ecosystem services. The initiative aims to enhance coastal resilience and foster public-private partnerships, with recruitment of businesses set to begin in the next 6-12 months.