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The Blue Revolution Fund has closed its $93 million round of funding, which will allow it to invest in more than a dozen early-stage aquaculture ventures that aim to improve ocean health, address the impacts of climate change, and support coastal communities, the Fish Site reports.
"With the right practices and technologies, aquaculture can be a force for good, providing a low-carbon food source while actively supporting ocean health," says Robert Jones, director of global aquatic food systems for the Nature Conservancy, which advised the fund.
"Through strategic investments, BRF aims to accelerate the development and adoption of technologies and farming practices that have the potential to move aquaculture closer to realizing its nature-positive potential."
Hatch Blue, the investment manager for the fund, says it plans to invest in next-generation fish farms, regenerative seaweed and bivalve farming, nutrition, enabling technology, health and genetics, and alternative seafood.
"The Blue Revolution Fund is an example of a scalable investment solution that not only delivers a financial return to investors but also models a more sustainable approach to aquaculture investing by building measurable conservation outcomes into every investment," says Lauren Ferstandig of the Nature Conservancy, which will act as BRF's conservation manager. Read the Entire Article
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
The UN has set a goal of restoring 30% of the planet's ecosystems by the year 2029and it's looking to the people of Africa to get the job done. The International Union for the Conservation of...more
India and Sweden are teaming up to tackle one of the world's biggest environmental challenges: climate change. The two countries have pledged to work together to reduce carbon emissions and...more
A new report from the Organization for Economic Cooperation and Development says the US and other countries need to do more to fight climate change. The report, which the Wall Street Journal says...more
Canada's newly unveiled "green taxonomy" is designed to make it easier for investors to figure out which industries are worthy of government support and which aren't. But the country's Chamber of...more
A new video from an international partnership of more than 100 partners offers a look at "the shared characteristics of quality climate change communication and education," the group says in a press...more
The Australian of the Year award is given to the country's best and brightest, and this year's winners are an eclectic bunch. Among the winners: Fiction: "The Hate U Give" by Jacinta Barrett,...more
Braelynnlynn Moore is a senior at McCracken County High School in Paducah, Ky., and she's hoping to follow in her father's and brother's footsteps with an associate's degree in industrial...more
There's a huge potential market for green technology in Indiabut there's a lot of work to be done before that can happen. That's according to a new report from the Asian Institute for Climate...more
When it comes to climate change, the wine industry has largely been on the sidelinesuntil now. A new study published in the Proceedings of the National Academy of Sciences finds that the industry...more
If you're looking for a safe way to invest in the world's burgeoning "green" debt market, National Bank of Canada has just the thing: green bonds. The bank is offering investors a chance to take...more
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Spotlight
New Age of Philanthropy: #GivingTuesday
A part of a series produced by The Huffington Post in celebration of #GivingTuesday, which will take place this year on December 3, Kathy Calvin and Henry Timms vouch that we are living in a new era of philanthropy.
