An investment platform for the blue economy
Reprinted with permission from Climate & Capital Media.
Ted Janulis, founder of Investable Oceans, has been obsessed with the ocean since childhood. So it’s no surprise, especially after working in finance and capital markets for the past 30 years, that he is launching an ocean-focused investment center.
Working closely with Directors Vanessa Fajans-Turner, Brian Watson and Glenn Kim, Investable Oceans was officially launched in 2020 as a platform to help raise capital for sustainable ocean projects. Investable Oceans holds presentations every two weeks or so for select groups of accredited investors on the new companies they have profiled. But Janulis says the Investable Oceans site has a lot to offer anyone interested in the emerging blue economy.
“There is a growing awareness and acceptance of the intertwining of the oceans and climate change and that you really can’t fix one without fixing the other,” Janulis said. “The level of receptivity to invest in how we approach these issues in a sustainable manner is increasing. ”
There is a growing awareness and acceptance of the intertwining of the oceans and climate change.
For investors, Investable Oceans provides information and support to explore opportunities in all asset classes, including public equities, fixed income, private equity and venture capital. Sectors include energy, fisheries, shipping, tourism – and the alarming challenge of plastic waste in our oceans. While philanthropy and research do a lot to solve the problems of the oceans, Janulis and Fajans-Turner believe that bringing market capital to the problem is essential and that is why Investable Oceans exists.
“Thanks to the great work of foundations, research projects and influencers, people now know, for example, that every other breath we take comes from the ocean and that the world will have more plastic than fish. ‘by 2050 if we don’t change something, “Janulis said. “But figuring out how to invest in ocean solutions has taken a long time for people to understand.”
He adds that with climate change, people can see public procurement around utilities, automobiles and mining. With the oceans, it is more difficult. “Most of the companies that do the best work in this area don’t have an ocean in their name. For investors, the navigation is a bit more nuanced.”
The Investable Oceans website provides information on global ocean policy, impact studies, interviews with experts, the latest news and events and even profiles of ocean “art-ivists” through stories, podcasts and videos.
Currently, Investable Oceans has information on two public investment platforms. NewDay Impact, an app-based service with estimated assets of $ 200 million, allows investors to put as little as $ 100 in six sustainable focus areas, one being ocean health. The other is a carbon savvy asset manager, Stance Capital, who is also available to anyone who signs up on the site.
These people do not offer such products unless there is a public demand. A bootstrap is happening in the blue economy.
Janulis said that in 2020 BNP Paribas issued a Blue Economy ETF, or exchange-traded fund, in the EU and that Credit Suisse has partnered with Rockefeller Capital Management to launch a health impact fund for oceans of 212 million dollars for European investors.
“We are starting to see investment products coming out into the oceans,” Janulis said. “These people don’t issue products like that unless there is a demand from the public. A start is happening in the blue economy.”
A challenge for many projects is the long gestation period between developing an idea, building models, experimenting in onshore tanks, scaling the project, and navigating the many regulations involved. in its upload. But Janulis said the support groups and architecture needed to help facilitate, encourage and fund ocean projects are starting to happen.
“I was really impressed with something called Ocean Visions, a collective of experts from Scripps, Monterey Bay, Stanford, MIT and Woods Hole who are working to bring large-scale projects out of the lab and into the oceans,” said declared Janulis. “The emotional connection to the oceans is what motivates a lot of people when it comes to working or investing in the region. There are a lot of steps you can often take by sharing this and really focus on the kind of assets that can provide a real solution. “