The Prince of Wales will travel to the South of France this weekend to call for more to be done to protect the world's oceans. In what his team describes as a "landmark speech" in Monaco on Sunday - World Oceans Day - he will address environmentalists and, crucially, investors, to urge them to work together to protect our oceans Prince William will attend the Blue Economy and Finance Forum as founder of the Earthshot environmental prize which looks for solutions to the world's climate challenges. The forum is the curtain-raiser to the UN Oceans Conference in Nice next week. "The Prince of Wales feels passionately about action being taken to protect and restore our oceans," a Kensington Palace spokesperson told the BBC. "Tomorrow, he's going to be calling for swift, immediate global action. The time is now." Rising temperatures, pollution and overfishing are causing huge damage to the world's oceans and the communities that rely on them. Events this weekend will look at the role oceans play in global trade, food security and sustainable energy. The meeting will be held at the Grimaldi Forum, an eye-catching steel and glass venue, named after Monaco's own royal family. Prince Albert II of Monaco is a supporter of many oceans projects and is a key player at the forum. "This event will be more than a forum. It will provide an unique opportunity to bring together decision makers, finance professionals, philanthropists, NGOs and players from the private sector to turn ambition into action," he says. Last month,Sir David Attenborough's new film, Oceans, was released in cinemas. It gave his lifelong perspective on the value of oceans. "After living for nearly 100 years on this planet," he says "I now understand that the most important place on earth is not on land but at sea and today we are living in the greatest age of ocean discovery." The film places the oceans as being at a crossroads, needing more action to help them continue as the "planet's support system". Prince William shares that view. He has made hisadmiration for Sir David, who was an inspiration for the creation ofthe Earthshot Prize, clear. Sir David's storytelling around the environment is a powerful asset in getting public attention and buy in – something the prince is acutely aware of. The visit to France is an insight into how Prince William sees his role in the environmental space and part of his development as a global statesman. Also attending the forum in Monaco will be France's President Emmanuel Macron and President Rodrigo Roblez of Costa Rica. Why Monaco? Because, over the coming days, gathered in this wealthy, tax haven, amid the super yachts and holidaying multi-millionaires, is some serious cash and investors willing to spend it on protecting marine life and the oceans they live in. The prince's speech and meetings will largely be in public on Sunday. But he will also hold a closed, private session with experts and the investor community. It's a pragmatic approach to using his royal soft power to draw in people who have the resources to help generate change. Throughout his life, the King has used his platform to bring the conversation about the environment into the mainstream. His son is now building on that, in his own way, to try to show that environmental solutions are worth the investment. And the oceans can be a difficult sell. The sheer scale of the work that needs to be done can make it less attractive to investors. "I have a job that should not exist" is how Sam Teicher, the co-founder and chief reef officer of CoralVita often begins his pitches. His business was the first winner of the million-pound Earthshot prize in 2021 for solutions to repair and protect oceans. CoralVita grows corals to restore dying reefs. Of this year's Earthshot nominations, only 9% have entered the "Revive Our Oceans" category. "We are land creatures, it is out of sight and out of mind for a lot of people," says Sam Teicher. He will be in Monaco this weekend and describes his approach to raising money for his business as "trying to harness capitalism for good", stressing that "you need to be genuine and maintain integrity, you don't want to blue wash or green wash". And that strategy is working. The BBC has learnt that CoralVita has just won funding of about £6m ($8.1m) with investors led by Builders Vision – a philanthropic organisation created by Lukas Walton, whose grandparents founded the Walmart chain in the United States. It is one of the biggest funding offers for oceans work and will mean CoralVita can scale up and accelerate its restoration projects to help preserve the ocean's biodiversity. The investment power of Builders Vision will now also support the Earthshot Prize in a newly announced partnership. It again highlights the impact Prince William can have in linking up environmental solutions with investors. The Prince William factor has been a huge benefit to CoralVita as it works to scale up its business. "He helps getting in front of people who would normally not think it was investible or that it mattered," says Mr Teicher. "We need to expand out to bankers, government leaders, tech specialists. He gets more people around the table." And ultimately this is an event where money matters. For Mr Teicher the target is always the right type of investor. "We aren't looking for people wanting a traditional five to seven year return," he says. "This is a long-haul problem. We need people in it for the long haul."
William to address Monaco forum in bid to help world's oceans
TruthLens AI Suggested Headline:
"Prince William to Speak at Monaco Forum on Ocean Conservation Efforts"
Bbc News
7.5
TruthLens AI Summary
Prince William, the Prince of Wales, is set to make a significant address at the Blue Economy and Finance Forum in Monaco on World Oceans Day. His speech aims to galvanize action from environmentalists and investors to protect the world's oceans, which are facing severe threats from rising temperatures, pollution, and overfishing. As the founder of the Earthshot Prize, which seeks innovative solutions to climate challenges, Prince William's presence at the forum underscores his commitment to environmental advocacy. The event will serve as a precursor to the UN Oceans Conference in Nice, where discussions will center on the crucial role oceans play in global trade, food security, and sustainable energy. A spokesperson from Kensington Palace indicated that Prince William intends to call for immediate global action, emphasizing the urgency of the situation for ocean ecosystems and the communities dependent on them.
The forum, held at the Grimaldi Forum, will also feature notable figures such as Prince Albert II of Monaco, who supports various ocean conservation projects. The event is designed to foster collaboration among decision-makers, finance professionals, and philanthropists, aiming to turn ambitious environmental goals into actionable outcomes. A recent film by Sir David Attenborough, which highlights the importance of ocean conservation, aligns with the themes of the forum and further emphasizes the need for investment in ocean preservation. Prince William's involvement not only reflects his growing role in environmental leadership but also showcases his ability to attract financial support for ocean-related initiatives. With CoralVita, a recipient of the Earthshot Prize, securing substantial funding to restore coral reefs, the forum represents a critical opportunity to engage investors who can contribute to long-term solutions for ocean health. As the dialogue progresses, the focus will be on attracting the right investors who understand the long-term commitment required for meaningful ocean conservation efforts.
TruthLens AI Analysis
The article highlights Prince William's upcoming speech in Monaco aimed at raising awareness and taking action to protect the world's oceans. His engagement, especially on World Oceans Day, underscores the urgency of addressing the ecological challenges facing marine environments. By addressing both environmentalists and investors, the Prince aims to foster collaboration and mobilize resources to tackle issues like climate change, pollution, and overfishing.
Purpose Behind the Article
The primary goal of the article is to inform the public about Prince William's significant role in ocean conservation efforts and to emphasize the need for immediate action in protecting marine ecosystems. This is aligned with broader environmental movements that seek to raise awareness about climate issues and promote sustainable practices.
Public Perception
The narrative crafted around the Prince’s involvement is likely designed to inspire hope and action among readers. By associating a royal figure with environmental causes, the article seeks to legitimize and elevate the importance of marine conservation efforts, thus creating a more engaged and supportive public.
Potential Omissions
While the article focuses on the positive aspects of the Prince’s initiatives, it may downplay the systemic issues that contribute to ocean degradation, such as corporate practices in industries like fishing and fossil fuels. The focus on high-profile events could overshadow the need for grassroots movements and local actions.
Manipulative Elements
The language used in the article is largely motivational, aiming to galvanize support for ocean conservation. However, by framing the ocean crisis as an urgent call to action, there is a risk of oversimplifying complex issues and potentially creating a sense of guilt or responsibility among readers without offering concrete solutions.
Truthfulness of the Report
The information appears to be credible, given the sources cited, including Kensington Palace and references to established figures like Sir David Attenborough. However, the framing of the event as a "landmark speech" may embellish its significance, creating expectations that may not align with the actual outcomes of the forum.
Societal Implications
The event could have several repercussions, including increased public interest in sustainable practices and potential pressure on businesses and governments to adopt more environmentally friendly policies. The focus on finance and investment may also lead to shifts in the market, particularly for companies involved in ocean-related industries.
Target Audience
The article seems to appeal to environmentally conscious individuals, investors interested in sustainable finance, and the general public who may feel a connection to ocean-related issues. It seeks to engage those who are already aligned with conservation efforts while also reaching out to a broader audience.
Impact on Financial Markets
News of the forum and Prince William's involvement could influence market sentiments, particularly in sectors related to environmental sustainability, such as renewable energy, sustainable seafood, and conservation finance. Companies that align with ocean conservation initiatives may see a positive response from investors.
Geopolitical Context
While the article does not explicitly address geopolitical implications, the focus on global action for ocean protection resonates with ongoing discussions about climate change and international cooperation. The timing of the event in relation to the UN Oceans Conference suggests a broader agenda for collective action among nations.
Artificial Intelligence Influence
There is no direct indication that AI was used in the construction of the article. However, the structured presentation of information and key points suggests a polished editorial process that could benefit from AI tools for content organization and clarity.
In conclusion, while the article serves to elevate awareness about ocean conservation through the lens of a public figure, it also risks oversimplifying complex issues and may not fully account for the systemic changes needed to address these challenges effectively.