Back to Listing
Is seaweed the answer? This is one of many questions posed at the recent HL BaSE Catalyst pro bono workshop run in partnership with Bright Tide’s Blue Economy Accelerator programme. We were joined by 6 amazing blue economy businesses – each one working to #turnthetide on climate change and biodiversity loss in the oceans.
‘Having access to reliable, affordable and coherent legal advice is often a serious barrier to scalability for a lot of social enterprises and start-ups. That is why we are delighted to team up with the fantastic HL BaSE team.’
Harry Wright, CEO, Bright Tide
We heard that the ocean economy will be worth $3 trillion by 2030, that Indonesia produces 28% of the world’s seaweed and that seaweed absorbs 6 times more carbon than trees. Volunteers from Hogan Lovells and our clients advised these organisations:
- Woolly Rock Rose is a JV initiative that will work with stakeholders, local communities and visitors to the Caribbean to create a sustainable solution to the sargassum blooms which are causing an unprecedented range of biological and ecological impacts in affected regions.
- HydroSurv designs, builds and operates multi-mission capable Uncrewed Surface Vehicles for inland, nearshore and offshore operations.
- Sea Green is a Singapore start up with a mission to enhance aquaculture value chains through an integrated end-to-end platform.
- Safety Net Technologies designs and builds trusted and valued solutions that enable precision fishing in the fishing industry.
- Sea Ranger Service’s mission is to affect social-economic regeneration of coastal regions whilst improving conservation of the world’s oceans, through a model which simultaneously creates social and environmental impact.
- Biome Algae sustainably farms seaweed offshore, using a unique processing method, whilst also monitoring the water quality and biodiversity of the areas in which it farms.
‘The various participants were really lovely, super-informative, made several suggestions, and also asked some questions that we've not discussed that I'll be talking with our team about ASAP! ‘
Carolyn Mills, Founder, Woolly Rock Rose