While investor interest in ‘blue finance’ for the conservation and sustainable use of oceans is growing, challenges including the opacity of ownership of companies in the seafood sector means it is still a drop in the ocean, writes Mike Scott
The ocean economy is estimated to be worth $2.5tn a year, meaning that if it were a country it would be the world’s seventh-largest by GDP. At the same time, the oceans cover 70% of the Earth’s surface, play host to a huge amount of biodiversity, provide us with food, energy, recreation and transport, as well as playing a vital role in regulating the water and carbon cycles.
Yet for such a dominant feature of the natural world and the global economy, it is curiously under-funded and much of the existing investment comes from philanthropic or impact investors.
Of the 17 UN Sustainable Development Goals, SDG14 on the conservation and
A tech startup in the Seattle area is offering new software that it says can help businesses track whether they are COVID-safe, including monitoring for whether employees and customers are wearing masks and social distancing.
The four-year-old startup Nomad Go in Kirkland, Washington, sells software for building management — to monitor lines and speed of service, for example. When the coronavirus pandemic hit, co-founder and CEO David Greschler realized his company’s image analysis tools could be enhanced to show not only percent occupancy, but also mask compliance and if people are properly distancing.
“That data can be used by a manager or someone at the company headquarters to understand, ‘How are our spaces being used?'” Greschler explained. “Are people being compliant in terms of wearing masks, in terms of social distancing, and just in general, how many people are coming in and out of our store.”
In Greschler’s home state
SpaceX deploys 60 Starlink satellites in orbit.
SpaceX gave an update on early tests of its Starlink satellite internet network, which showed speeds capable of playing online video games and streaming movies.
Starlink is the ambitious plan by Elon Musk’s company to build an interconnected network of about 12,000 small satellites in low Earth orbit. To date, SpaceX has launched about 650 of its version 1.0 satellites and is currently building a system of ground stations and user terminals to connect consumers directly to its network.
The company confirmed during the webcast of its latest launch on Monday that employees have been testing Starlink’s latency and download speeds, key measures for an internet service provider. SpaceX senior certification engineer Kate Tice said that the initial results of those tests “have been good.”
“They show super low latency and download speeds greater than 100 [megabits] per second. That means our