Categories: World News

William to contact the Monaco forum in order to help the oceans of the world

Daniela Réph

Royal correspondent

Max Mumby / Indigo / Getty images

The prince will attend a forum in Monaco and “(essay) to exploit capitalism for good”

The Prince of Wales will go to the south of France this weekend to ask more to do to protect the oceans of the world.

In what his team describes as a “historic speech” in Monaco on Sunday – World Ocean Day – he will address environmentalists and, above all, to investors, to urge them to work together to protect our oceans

Prince William will attend the Blue Economy and Finance Forum as a founder of the Earthshot environmental prize which is looking for solutions to the climatic challenges of the world.

The forum is the stiffness of the curtains of the UN ocean conference in Nice next week.

“Time is now”

“The Prince of Wales feels passionately that action is taken to protect and restore our oceans,” a spokesperson for the Palais de Kensington at the BBC. “Tomorrow he will call for a quick and immediate global action. The moment is now.”

The increase in temperatures, pollution and overfishing cause enormous damage to the world’s oceans and the communities that rely on them.

The events of this weekend will examine the role that the oceans play in world trade, food security and sustainable energy.

The meeting will take place at the Grimaldi Forum, a place of steel and catchy glass, named after the own royal family of Monaco.

Prince Albert II of Monaco is an supporter of many ocean projects and is a key player in the forum.

“This event will be more than a forum. It will provide a unique opportunity to bring together decision-makers, finance professionals, philanthropes, NGOs and private sector players to transform ambition into action,” he said.

Last month, The new film by Sir David AttentBoroughOceans, came out in cinemas.

This gave its life perspective on the value of the oceans.

“After having lived for almost 100 years on this planet,” he says, “I understand now that the most important place on the land is not on earth but at sea and today we live in the largest age of the discovery of the oceans.”

The film places the oceans as being at the crossroads, requiring more action to help them continue as “planet support system”.

Prince William shares this point of view.

He did his Admiration for Sir Davidwhich was an inspiration for the creation of The Earthshot Prizeclear.

The narration of Sir David in the environment is a powerful asset to attract public attention and buy – something that the prince is very aware.

Reuters

The visit to France is an overview of how Prince William sees his role in environmental space and part of his development as a world state man.

French President Emmanuel Macron and President Rodrigo Roblez from Costa Rica.

Why Monaco?

Because, in the coming days, gathered in this rich tax refuge, in the midst of super yachts and multimillionaires on vacation, is serious money and investors ready to spend it to protect marine life and the oceans in which they live.

The prince’s speech and meetings will be largely in public on Sunday.

But he will also organize a closed private session with experts and the investor community.

It is a pragmatic approach to use your soft power royal to attract people who have the resources to help generate a change.

‘I have a job that should not exist’

Throughout his life, the king used his platform to put the conversation on the environment in the dominant current.

Her son is now based on this, in his own way, to try to show that environmental solutions are worth investment.

And the oceans can be a difficult sale.

The work scale that must be carried out can make it less attractive for investors.

“I have a job that should not exist”, it is how Sam Teicher, the co-founder and chief of the Coralvita reefs often begins his land.

His business was the first winner of the Earthot prize at Million Pound in 2021 for solutions to repair and protect the oceans.

Coralvita

The “coral cookies” of Coralvita are a step in agricultural effort to reconstruct stocks in the ocean

Coralvita pushes corals to restore dying reefs.

Among this year’s Earthshot nominations, only 9% entered the “Revive Our Oceans” category.

“We are terrestrial creatures, it’s out of sight and the mind for many people,” said Sam Teicher.

He will be in Monaco this weekend and describes his approach to collect funds for his business as “trying to exploit capitalism for good”, stressing that “you must be authentic and maintain integrity, you do not want blue washing or green washing”.

And this strategy works.

The BBC has learned that Coralvita has just won over funding of approximately 6 million pounds ($ 8.1 million) with investors led by Builders Vision-a philanthropic organization created by Lukas Walton, whose grandparents founded the Walmart channel in the United States.

This is one of the largest financing offers for the work of the oceans and will mean that Coralvita can evolve and accelerate its catering projects to help preserve the biodiversity of the ocean.

The investment power of Builders Vision will now also support the Earthshot Prize in a newly announced partnership. It once again highlights the impact that Prince William may have to link environmental solutions to investors.

Royal Stardust

The Prince William factor was a huge advantage for Coralvita while working to increase his activities.

“He helps head in front of people who did not normally think it was invested or that it counted,” said Teicher.

“We have to extend to bankers, government leaders, technology specialists. It makes more people around the table.”

And finally, this is an event where money counts.

For Mr. Teicher, the objective is always the right type of investor.

“We are not looking for people who want a traditional return of five to seven years,” he said. “This is a long-haul problem. We need people for the long term.”

William

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