Oceans Health and Wealth with Casey Clark, CFA, Global Head of ESG Investments and Portfolio Manager at Rockefeller Asset Management and Marisa Drew, Chief Sustainability Officer and Global Head Sustainability Strategy Advisory and Finance at Credit Suisse explore practical, profitable, and creative solutions, the SDGs are beginning to be integrated into public budgeting and planning by governments while the financial markets and investment community have also started to embrace the SDGs. The Swiss investment bank Credit Suisse has partnered with Rockefeller Asset Management to launch an impact fund that will finance projects improving ocean health, raising $212m pre-launch.
The businesses claim that the ‘Ocean Engagement Fund’ is the first impact fund of its kind, in that it is solely dedicated to and fully aligned with Sustainable Development Goal (SDG) 14: Life Below Water. The Goal includes targets to address issues such as overfishing, marine pollution and acidification, and to boost conservation and restoration.
At the same time, Small Island Developing States over-reliance on economic sectors such as tourism and fisheries, high-debt-levels, and severe constraints to mobilizing both private and public finance amplify vulnerabilities.
This conversation will foster a unique opportunity to showcase the action that is being done by the UN, Governments and private sector, to speak about how important these partnerships are in these urgent times for the lives of the most vulnerable and for the planet.
Read the blog to learn more!
Panel
Marisa Drew, Chief Sustainability Officer & Global Head Sustainability Strategy, Advisory and Finance (SSAF), Credit Suisse
Casey Clark, CFA, Global Head of Environmental, Social and Governance (ESG) Investments & Portfolio Manager, Rockefeller Asset Management
Moderated by Lisa Kurbiel, Head of Secretariat, United Nations Joint SDG Fund