Management and protection of our oceans are chronically and pervasively underfunded. Despite rapid growth of the field of ocean finance over the last decade, the ocean finance gap is growing faster than ocean finance investments. A paradigm shift is required to realign the global economy with ocean health, by growing the blue economy to sustain ocean and community health.
Minderoo Foundation has recently launched the new Ocean Finance & Blue Economy Strategy to “Grow Durable Blue Economies” by 1) strengthening spatial ocean finance and 2) scaling-up private capital for blue economy growth. This position will primarily support the implementation of the second objective. Philanthropy and government capital are essential but not sufficient; private capital is required to close the ocean finance gap and grow durable blue economies. There is high demand from the private sector, but deals are limited by fragmented global markets, small pipelines and small and risky deals.
The Minderoo Foundation will approach these barriers by removing market impediments and partnering with private sector champions. The Officer, Blue Economy position will support the Program Lead in delivering the following priority projects:
1. Blue Bonds: scoping and development of new blue bonds, both sovereign and corporate, to aggregate and de-risk ocean investments while crowding in private sector capital to build the blue economy.
2. Ocean Investment Protocol: developing globally harmonised standards, typologies, and impact frameworks for ocean investments, across public and private sectors.
3. Ocean Impact Investment Strategy: developing and implementing Minderoo Foundation’s Ocean Impact Investment Strategy in partnership with the Strategic Impact Fund to test and grow bankable ocean business models.
4. Ocean Superstars: analysing the global blue economy and selecting large multinational corporations, finance institutions, and insurers to partner with Minderoo to grow the blue economy at scale.
Specifically, the role will involve:
Supporting strong relationships with key corporate clients to engage in blue finance
Managing grants and consultants to deliver strategy & impact
Researching, analysing and technical report writing
Assessing potential ocean impact investments and conducting due diligence
Project management and reporting against objectives and milestones, focusing on impact delivery.
Please apply here: https://www.minderoo.org/careers/