THE SECTOR
In recognition of the importance of the oceans in climate, biodiversity and ecosystem and human well-being support services, ‘blue’ finance is evolving rapidly within the broader landscape of sustainable finance to generate beneficial outcomes more specifically for the marine environment.
The ocean provides humanity with food, energy and trade opportunities, and plays a significant role in ensuring stability of the Earth system. For a healthy ocean, it is vital that flows of finance are channelled towards activities that focus on long-term sustainability, through promoting environmental conservation and practices that ensure the wellbeing of communities that depend on the ocean. Such financial flows are referred to as ‘blue finance’.
OUR EXPERTISE
Blueshift is at the forefront of blue finance initiatives, leading projects that link sustainability with economic value. We conducted the first carbon footprint assessment of Australia’s seafood industry, explored nature-based accounting for bivalve aquaculture to quantify carbon and nutrient benefits, and assessed environmental market opportunities for seaweed farming, including carbon, nutrient, and biodiversity trading. With extensive knowledge in environmental markets, sustainability finance, and natural capital accounting, we help businesses unlock new economic opportunities while meeting evolving regulatory and investor expectations.
PROJECT HIGHLIGHTS
The bigger blue potential for Asparagopsis: A review of the potential for blue carbon, nitrogen, phosphorus and biodiversity credits for the Australian Asparagopsis seaweed industry