ICONIQ Capital · 2023-12-12
· 905d
Ocean Co-Lab Portfolio Organizations: Climate Solutions Through Collaborative Impact Investing
ICONIQ Capital launched the Ocean Co-Lab with twenty portfolio organizations addressing climate change and coastal ecosystem resilience. Despite the ocean's ability to deliver up to 35% of emission reductions needed for 1.5° warming targets, ocean-focused climate funding represents only 2% of total ocean philanthropy. The initiative seeks to mobilize capital toward ocean-based climate solutions.
Metrics in this report
Climate-Focused Ocean Funding Share
2%
current
Of total ocean funding
Emissions Reduction Potential from Ocean
35%
maximum
Of reductions needed for 1.5° warming target
Ocean Co-Lab Portfolio Size
20organizations
current
Portfolio organizations in Co-Lab
Ocean Funding as Percentage of Climate Philanthropy
7%
current
Total climate giving