Beyond the Green Hype: Is the Ocean the Next Frontier for Canny Investors?
I must confess, I’m growing a little weary of the green investment narrative. For years, we’ve been told the future is electric cars and solar panels. It’s all become a bit predictable, hasn't it? Every fund manager and their dog has piled into the same handful of companies, pushing valuations to levels that would make a dot-com founder blush. It feels like we’ve all been staring so intently at the trees that we’ve completely missed the, well, the ocean.
And what an oversight that might be. While the City has been chasing the same old stories, the so called blue economy has been quietly getting on with things. It turns out that big, wet thing covering 70% of the planet is rather important. It produces half the oxygen we breathe and absorbs a third of our carbon emissions. To me, ignoring it as an investment theme seems, at best, a failure of imagination.