Ocean 14 Capital Fund I: a EUR 201 million fund for the blue economy – Ocean 14 Capital Fund I, focused exclusively on the blue economy, recently announced the closing of a EUR 201 million fund. This fund aims to support the financing mission of companies operating in the emerging blue economy sector, with the goal of significantly enhancing it.
Growth of the blue economy
The blue economy is expected to reach a value of $3 trillion by 2030, creating up to 40 million jobs. Ocean 14 Capital’s fund aims to use UN Sustainable Development Goal 14, ‘Life Under Water’, as a guiding principle in its investments. This goal includes supporting innovative entrepreneurs and businesses in aquaculture and alternative proteins, reducing plastic pollution, protecting marine ecosystems and combating overfishing.
Importance of the Oceans
The oceans are fundamental to life on Earth. They provide half of the oxygen we breathe, absorb a significant amount of carbon, feed the world’s population and provide jobs for hundreds of millions of people. Protecting and supporting the oceans is essential to avert the climate crisis and ensure a sustainable future for humanity.
Support from high-profile investors
The fund has attracted the support of several prominent investors, including Nestlé and the Green Earth Impact Fund, managed by Schroders and BlueOrchard. Natalie Wong, investment director at Schroders Capital, highlighted the importance of the investment in Ocean 14 Fund I, considering it a milestone for the Green Earth Impact Fund in the blue economy.
Climate impact and financial return
The Green Earth Impact Fund aims to create significant climate impact through the conservation and restoration of oceans and lands. This investment not only aims to achieve environmental impact goals, but also promises attractive financial returns. The most sustainable companies are seen as those that will be most valuable in the future, making this an exciting investment opportunity that combines innovation and technology to create truly transformative companies.
Ocean 14 Capital Fund I represents a significant step towards promoting and enhancing the blue economy. With the backing of high-profile investors and a strong focus on sustainability, this fund aims to transform the way oceans are managed and protected, while delivering sustainable financial returns. Commitment to ocean protection and the development of innovative solutions is essential to address global environmental challenges and promote a sustainable future.
Ocean 14 Capital Fund I: a 201 million fund for the blue economy
