LORD ZAC GOLDSMITH -  9th ANNUAL WORLD OCEAN SUMMIT 2022

 

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World Ocean Summit 9th annual virtual - Achieving 2030 targets

 

 

 

 

FRIDAY 4th MARCH 2022

This global event is taking place over four days, and will bring together a very broad cross-section of the ocean community, from businesses to scientists, government, investors, and civil society. It will feature six industry tracks: shipping, fishing, aquaculture, energy, tourism, and plastics.

Speakers will provide reality-checks on how their industries are progressing towards 2030 targets, and what needs to happen next. 

 

 

TAKING ACTION TODAY FOR A HEALTHIER BLUE FUTURE - FRIDAY 4TH MARCH 2022

 

The Rt Hon Lord (Zac) Goldsmith of Richmond Park is the Minister for Pacific and the environment at the UK’s Foreign, Commonwealth & Development Office (FCDO) and the Department for Environment, Food and Rural Affairs (DEFRA). He is the Minister responsible for the UK’s COP26 nature campaign and a keen advocate for the natural environment around the world.

This session will ask what progress has been made towards achieving 30x30 targets in the last year, and assess what must happen next. How can we scale up action to protect and restore ocean health, and make sure it is a priority for the decade ahead?

 

 

 

 

The Rt Hon Lord (Zac) Goldsmith of Richmond Park is the Minister for Pacific and the environment at the UK’s Foreign, Commonwealth & Development Office (FCDO) and the Department for Environment, Food and Rural Affairs (DEFRA). He is the Minister responsible for the UK’s COP26 nature campaign and a keen advocate for the natural environment around the world. Bottom trawling is causing so much damage in terms of climate, where flora that produces oxygen and locks up carbon, is being removed. Where there are conservation areas, they are not being policed.

 

 

 

 

 

Dominic Ziegler is The Economist‘s senior Asia correspondent and “Banyan” columnist. He joined the newspaper in 1986 as a financial reporter. He went on to become the finance editor, then the Washington correspondent from 1991 to 1994. After six years as the newspaper’s China correspondent in Hong Kong and Beijing, Mr Ziegler returned to London as finance and economics editor in 2001. After brief stints as editor of the books and arts section and deputy editor of Intelligent Life, an Economist publication, he served as Tokyo bureau chief from 2005 to 2009, before returning to London to be Asia editor.

 

 

 

 

 

Biodiversity loss is staggering, with targets not being met. All the tools are there. The problem is that it is not happening in a cohesive way. The other matter is public money and shipping it to better effect. Perhaps removing subsidies against powerful interests. The industrial end of fishing will dig in more, to resist protection mechanisms.

 

 

 

The 9th annual World Ocean Summit will feature six industry tracks focusing on:

1. shipping
2. fishing
3. aquaculture
4. energy
5. tourism, and 
6. plastics


This is the nub of a blue growth agenda, including deep sea mining and biotech, with seaweed farming high on the agenda from carbon dioxide absorption and food ingredients, though at the moment it is difficult to include that as a defined asset - with a value path that is recognised.

 

 

 

 

 

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The United States is extremely concerned at the lack of policing of the ocean when it comes to over and other illegal fishing. With controls fishermen simply turn off their digital trackers as it suits them. Then turn them back on when they have made a catch in protected areas. As there is no enforcement, these pirate plunderers are getting away with Blue Murder. Vijay Vaitheeswaran talks with US Special Climate & Oceans Envoy, John Kerry, about the US drive to conserve the oceans and tackle climate, against a difficult background of economic justification. 

 

 

 

 

What is the big picture for ocean regeneration, and how can collaboration between governments, industry, investors, scientists and NGOs bring it about? These sessions will outline International expertise, ambition and new strategies to restore ocean health.


These high-level plenary sessions addressed cross-industry topics including ocean finance, ocean governance, and ocean restoration solutions. Speakers discussed the very important issue of the finance gap, assessed new technologies and highlighted successful initiatives that are beginning to make an impact on ocean health. Food security being one issue, that would allow the seaweed industry to develop without so much hype, as looking at the science and planetary balance sheet.

 

 

 

 

 

 

 

Charles Goddard imagines and builds the Group’s flagship initiatives, the purpose of which is to catalyse progress on key issues of the day. He works closely with partners on themes ranging from ageing and longevity to ocean health, focusing particularly on healthcare, the Anthropocene and the blue economy. Based in Hong Kong, Charles was previously editorial director, Asia, at the Economist Intelligence Unit, director of research in Asia, and managing director of the Economist Corporate Network, a peer network for senior executives. He is concurrently executive director of the Group’s World Ocean Initiative.

 

 

 

 

 

 

The panel of speakers Tuesday 1st March 2022, provided some very interesting aspects of financing the change to zero carbon shipping, where it is by no means clear what fuels will prevail, and how aggressive the IMO will be in setting targets. Concessional finance might include a tie in with carbon taxes and R&D innovation funding - or even scrappage.

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CONTACTS

general enquiries: oceansummit@economist.com.

Marketing or PR event enquiries:

Naomi Grice
Marketing Manager
naomigrice@economist.com

Speaking Enquiries:

If you are speaking or you have an enquiry about speaking: 
oceansummitspeakers@economist.com.

Sponsorship opportunities details about sponsoring and partnering.

Tatiana Der Avedissian
Email: tatianaderavedissian@economist.com
Tel: +44 (0) 739 560 4731

Alice Calvert
Email: alicecalvert@economist.com
Tel: +44 (0)795 6330 689

 

 

 

 

LINKS & REFERENCE

 

https://events.economist.com/world-ocean-summit/

 

 

  

 

 

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ECONOMIST VIRTUAL EVENTS - ACHIEVING OUR 2030 TARGETS