In a unified call for stronger international cooperation on ocean conservation, the Embassy of Monaco in the United States teamed up with the Embassies of France and Costa Rica to host the event ‘Blue Talk – Getting Ready for the Third UN Ocean Conference’ on 8th April at La Maison Française in Washington D.C. The gathering served as a pivotal moment in the countdown to two major upcoming events focused on marine sustainability.
The Blue Talk highlighted the importance of global engagement ahead of the Third United Nations Ocean Conference, which will take place in Nice in June 2025, and the Blue Economy and Finance Forum set to be held in Monaco on the 7th and 8th June. In his opening remarks, U.S. Senator Sheldon Whitehouse, co-founder of the Senate Ocean Caucus, spoke about the urgent need for coordinated global efforts to protect marine ecosystems and advance a sustainable blue economy.
Maguy Maccario Doyle, Ambassador of Monaco to the United States, reaffirmed the Principality’s long-standing commitment to the ocean and stressed the necessity of mobilising both public and private stakeholders to work collectively. She drew attention to two key initiatives launched by the Prince Albert II of Monaco Foundation. The first is the ReOcean Fund, a private equity fund dedicated to Sustainable Development Goal 14, which supports innovative companies contributing to a regenerative blue economy. The second is the Blue Economy Index, a new financial tool designed to guide investment decisions toward companies that support sustainable ocean practices.
During the event, a video message from Prince Albert II was shared, in which he highlighted the crucial role of the upcoming conference and finance forum in driving momentum for a sustainable ocean economy. His message reinforced Monaco’s leadership in championing marine conservation and its commitment to supporting transformative solutions.
Two expert roundtable discussions followed, bringing together specialists in the law of the sea, ocean conservation, and representatives from the World Bank. The sessions focused on ocean governance and the financial mechanisms needed to support the growth of a resilient and inclusive blue economy, aligning with the broader goals of the upcoming international gatherings.
See also:
Monaco to play key role in preparations for UN Ocean Conference in Nice
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Photo source: Government Communication Department