Peter Wheeler, The Nature Conservancy’s Executive Vice President, attended an event hosted by The Prince of Wales alongside experts from the worlds of fishing and finance to discuss ways to invest in the sustainability of the oceans.
The meeting in St. James's Palace, convened by The Prince of Wales's International Sustainability Unit (ISU), considered innovative financial structures that can increase the investment into the transition to sustainable fisheries.
“We are very focused on the critical need to find and deliver solutions that will help address complex marine issues, such as sustainable fishing, that sit at the intersection of development and marine conservation,” said Peter Wheeler, Executive Vice President at The Nature Conservancy. “We believe that financial innovation can play a key role in this effort and are therefore delighted to be a part of it. We are also pleased to announce that The Nature Conservancy, through its Nature Vest initiative, will offer over US$45million to support the structuring of investment in critical Marine Programs in the Indian Ocean and the Caribbean using Blue Bonds and similar commercial approaches.”
To read more about the Conservancy's collaboration with The Prince of Wales on marine issues, click here.