The Rise of Blue Bonds
“Oceans absorb one-third of carbon dioxide emissions. Yet projects connected to oceans are underfunded as per the UN Sustainable Development Goals (SDG),” said Tom Counsell, Assistant Vice President at T. Rowe Price, a global investment management firm. “What is meant by the blue economy, and how can it help save the oceans?” On December 10, 2024, Counsell welcomed an audience to a webinar, “The Rise of Blue Bonds and the Blue Economy,” featuring two panelists from the Chartered Financial Analysts Institute (CFA Institute) and T. Rowe Price. Blue bonds are fixed-income financial instruments (bonds) issued specifically to finance ocean conservation and sustainable […]