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Zenger
Zenger
Environment
Judy Jesoro Rotich

In A Bid To Save The Ocean, Monaco Holds Wealth Funds Closed Door Meeting

Sunset on Montecarlo. In a bid to save the ocean, Monaco recently held a closed door Sovereign Wealth Funds meeting to drum up support for the Ocean preservation. DAMIANO MARIOTTI/ ISTOCK.

MONACO — Monaco recently held a closed door meeting with Sovereign Wealth Funds (SWFs) and other stakeholders. The Monaco effort comes at a time when capital is already flowing to a number of ambitious projects, including DEEP, which is building undersea habitats for researchers and scientists to study the Ocean. 

The gathering committed to driving forward efforts on ocean and wider preservation of the environment, with high profile speakers including Lord William Cadogan of the UK’s Cadogan Estates and Olivier Wenden of the Prince Albert II of Monaco Foundation.

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