Days before the 2025 UN Ocean Conference begins in Nice next year, Monaco will play host to the action-oriented Blue Economy and Finance Forum event. Here’s what we know so far.
On 7th and 8th June, the Blue Economy and Finance Forum will gather “private sector actors, businesses, banks, insurance companies, philanthropies and the public sector, such as environmental funds, agencies and development banks” beneath one roof at the Grimaldi Forum Monaco in the hopes of finding solid solutions to gaps in ocean protection and sustainability funding.
The Forum is being touted as an “action-oriented” event and its organisers – the event is a joint effort between the Oceanographic Institute of Monaco, the Prince Albert II of Monaco Foundation and the French Organising Committee of UNOC 2025, with the support of the Secretary General of UNOC, Ambassador Laurent Stefanini, and the French Ambassador to Monaco, Jean d’Haussonville – will use the opportunity to connect key players and decision-makers who have the potential to ramp up Blue Financing and other goal-driven ocean projects.
By making a clear distinction between the maritime economy, which corresponds to all activities directly or indirectly linked to the sea, and the blue economy, widely recognised as the reasonable use of ocean resources via sustainable and regenerative activities that benefit both humankind and nature, the Forum will aim to highlight the beneficial link between economic activities and conservation efforts.
The Forum’s primary objective, though, is to, by the end of the event, issue a detailed list of recommendations and considerations to international delegations heading to the UN Ocean Conference in Nice in the following days.
The 2025 UN Ocean Conference event in Nice is scheduled to take place from 9th to 13th June 2025.
Read related:
Nice wins bid to host United Nation’s Ocean Conference in 2025
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Photo credit: JC Vinaj / Olivier Huitel / FPA2