Announcing Our Membership in the Sustainable Blue Economy Finance Initiative

The Sustainable Blue Economy Finance Initiative.

Potato Impact Partners is proud to announce our endorsement of the United Nations-backed Sustainable Blue Economy Finance Principles, the world’s first global guiding framework for banks, insurers and investors to invest in the restoration of ocean health and biodiversity.

Hosted by the Sustainable Blue Economy Finance Initiative, the Principles are designed to set guidelines for strategically and responsibly investing capital into the use of marine resources.

“As an impact investor supporting sustainable seaweed and blue economy solutions, our purpose is aligned with the Principles. We welcome the opportunity to work with and learn from other financial institutions to scale sustainable blue finance and ocean-based sectors, through upholding international standards, best practices and transparency,” said Bernice Tang, Impact Lead at Potato Impact Partners.

“The ocean is one of our greatest assets and means to combat climate change. Given the urgency, finance could do a lot more to support investments and activities that protect, restore and maintain the health of marine ecosystems, as well as the livelihoods and communities that depend on them.”

Potato Impact Partners’s current focus is seaweed, one of the ocean sector’s most compelling investments. A powerful nature-based solution for ocean health, it absorbs significant carbon dioxide, filters coastal waters of excess nutrients, and boosts marine biodiversity as a habitat.

Seaweed is also the source of many sustainable products, such as biostimulants that reduce chemical fertilizer use and soil harm, and runoff that causes ocean pollution and acidification, algal blooms, and harm to aquatic life; nutritious, protein-rich food; methane-reducing livestock feed; and biodegradable bioplastics and other biomaterials. With the crop’s versatile uses and benefits, the seaweed market is projected by the World Bank to grow up to $11.8 billion by 2030.

As funders begin to tap into the financial, environmental and social potential of seaweed and other blue innovations, Potato Impact Partners believe it is fundamental to uphold the Principles' key investing standards, such as transparency, cooperation, and solution-driven action.

The Sustainable Blue Economy Finance Initiative is a pioneering, global community of 90+ leading financial institutions, researchers, scientists and international organisations. Potato Impact Partners’s membership and signatory to its Principles represent our commitment towards investing in seaweed innovation to build not just a sustainable blue economy, but a regenerative ocean ecosystem that serves both people and our planet.

Find out more about the Initiative’s collective work here: https://unepfi.org/blue-finance/

Potato Impact Partners (PIP) is an impact investor based in Singapore, spurring positive contributions to food security, climate action, and the resilience of coastal communities through investments in sustainable seaweed and ocean innovations.