Blue Carbon Business

Creating co-benefits and commercial opportunities through suitable blended financing mechanisms.

Project activites: Investment landscape assessment, sustainable finance products assessment, working groups and roundtables, Blue Finance Product development, Nature-based Solutions (NbS) Accelerator creation, bankable NbS portfolio development.

The project aims to identify the most suitable financing mechanisms for climate and biodiversity and develop a roadmap to establish such systems to ultimately implement and test locally-developed bankable NbS projects in the selected site(s).

    Examples of NbS portfolio:
  • Halophytic plants and links with agriculture value chain;
  • Algae, shellfish and oyster reef restoration and farming;
  • Citizen science and ecotourism business incubator.
  • Identifying barriers and opportunities to unlock public/private finance for NbS;

  • Determinating Blue Carbon financing incentive options and helping establish a finance vehicle that enables blended finance towards NbS in the UAE: Blue Finance Product – first of its kind;

  • Creating an NbS projects portfolio based on climate mitigation, resilience and co-benefits which is worth investing in, ultimately helping increase financial flows towards nature conservation with tangible returns for potential investors.

  • Reviewing the current investment landscape in terms of financial flows and current sustainable finance products, while identifying barriers and opportunities for the uptake of NbS Solutions financing;

  • Identifying Blue Carbon financing incentive options and helping establish a finance vehicle that enables blended finance for NbS in the UAE;

  • Co-creating a portfolio of bankable projects in collaboration with home-grown start-ups and small and medium-sized enterprises (SMEs) to be implemented in the selected site(s), which could then be replicated elsewhere to increase environmental and financial gains;

  • Establishing Working Groups and roundtables to assess motivations for investments in NbS, make recommendations, test assumptions and advise on actions;

  • Raising additional grant and donor capital with support from the HSBC Global Accelerator programme, which will help incubate and structure investor-ready NbS, outlining their benefits, risks and trade-offs, as well as the likely return on investment.

  • Setting up partnerships with existing initiatives in the UAE and creating a UAE NbS Accelerator special initiative that will help spark interest towards impact investing while creating the necessary avenue to divert sustainable finance to new, NbS-driven business opportunities in the UAE.