How ethical blue economy investments support ocean conservation - luxury Blogs

How ethical blue economy investments support ocean conservation



From David Eustace’s series ?Mar a Bha?, which translates from Gaelic to ‘As It Was?
The investment community is waking up to the opportunities in our oceans. Impactful ethical investments in the blue economy can involve plastic waste prevention, sustainable seafood, maritime transport, eco-tourism and more
Photography by David Eustace
Robert Goodwin was on a mission to solve Haiti?s cholera problem. For nine years after the island nation?s devastating 2010 earthquake, periodic cholera outbreaks started hurting communities, doing the most damage to people with limited access to clean water and sanitation. The country?s clogged water canals were to blame for spreading the disease. Goodwin, the former CEO of Executives Without Borders, started looking at why the canals were so clogged. ?I?m a root-cause guy,? says Goodwin. ?I knew that cholera was a water-borne disease and saw that flooding was causing all the transmission. When I looked at the canals and what was causing the flooding, I saw that it was a lot of plastic trash that could have been recycled.? Follow LUX on Instagram: luxthemagazine
Haitian communities could recycle materials such as metal and aluminium, but there was little in the way of plastic recycling infrastructure. So, Goodwin started a business, paying local people to pick up plastic trash and then sort it by colour, weight and type. They were paid cash on the spot. Goodwin?s efforts eventually grew into a new company, OceanCycle, a New York...

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