Students from the IUM Master of Science in Finance were invited by the Prince Albert II of Monaco Foundation to the “Blue Finance” conference at the Monaco Yacht Club on Friday, April 13.
Organized as part of the Second edition of the Monaco Ocean Week, the conference explored the responsible investment opportunities for the sustainable exploitation of the ocean.
After the introductory statement of HSH Prince Albert II, speakers ranging from the managers of successful marine resource-oriented companies like Hepburn Biocare Group and Saildrone, to the Head of sustainability research policy at BNP and the co-founder of Cambridge Energy Research Associates discussed the financial aspects of themes such as maritime transport, offshore renewable energies, sustainable fishing, and energy transition plan funding.
Indeed, responsible ocean development projects abound but often fail to gather sufficient funding. Besides state and philanthropic organization contributions, support from investors and financial players is key to consolidating ocean protection actions.
Written by Prof. Damyana Bakardzhieva
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