The MTA Speaks| Prayer times| Weather Update| Gold Price
Follow Us: Facebook Instagram YouTube twitter

Sheikha Shamma Advocates for Urgent Investments in Ocean Sustainability

Sheikha Shamma Advocates for Urgent Investments in Ocean Sustainability

Post by : Bianca Haleem

During her speech at the second annual Blue Economy and Finance Forum (BEFF) 2026 in Monaco, Sheikha Shamma bint Sultan bin Khalifa Al Nahyan called for heightened global investment in the sustainability of the oceans and climate resilience, urging industry leaders, investors, and governments to accelerate the transition towards a regenerative blue economy.

Sheikha Shamma underscored the indispensable role that oceans fulfill in supporting life, diverse economies, and global environmental health. She argued that safeguarding marine ecosystems is both a moral obligation and economically vital.

The forum was graced by His Serene Highness Prince Albert II of Monaco and Catherine Chabaud, France’s Minister of State for Ecological Transition and International Climate and Nature Negotiations. This event gathered representatives from various sectors, including governments, philanthropic organizations, and financial institutions, to deliberate on ways to increase investment in sustainable oceanic initiatives.

Hosted by the Prince Albert II of Monaco Foundation and the Oceanographic Institute of Monaco, under the auspices of Prince Albert II, the forum aimed at enhancing financial frameworks and collaborations that promote the shift towards a sustainable blue economy while protecting marine ecosystems for future generations.

In her keynote, Sheikha Shamma articulated that oceans should be recognized not merely as economic assets, but as universal responsibilities that are essential to life on Earth. She emphasized that genuine progress necessitates long-term commitment and innovative solutions that can effectively counteract the increasing impacts of climate change.

She also pointed out that investment is not limited to financial resources; it also encompasses time, expertise, and collaborative initiatives directed towards developing innovative, sustainable solutions that yield lasting environmental and economic advantages. She warned of the urgent need for continuous momentum in climate action as environmental challenges escalate.

Prince Albert II of Monaco reinforced Sheikha Shamma's message by highlighting the escalating investment opportunities in ocean-centric projects and sustainable marine sectors. He noted that formerly existing obstacles to investment in ocean sustainability are being dismantled, paving the way for fresh capital to foster conservation and innovative economic growth. He emphasized that procrastination could escalate environmental and economic repercussions for future generations.

The forum marks a progression in the collaboration between Frontier25 and the Prince Albert II of Monaco Foundation, cemented by a Memorandum of Understanding signed in January 2026 during the Ocean Innovators Platform alongside Abu Dhabi Sustainability Week. This framework aims to promote sustainability objectives through innovative investment in ocean initiatives and blue finance.

This venture aligns with the UAE’s overarching environmental goals, including significant marine conservation initiatives led by the Environment Agency – Abu Dhabi, which aims to restore four million coral colonies by 2030, recognized as the largest coral rehabilitation project in the world.

Conversations at BEFF 2026 reaffirmed a growing global consensus on the necessity of sustainable investment, innovation, and collaboration across sectors as crucial for protecting the world’s oceans while unlocking new economic pathways. As attention shifts globally towards climate resilience and environmental stewardship, forum leaders emphasized that decisive actions taken today will significantly influence the health and prosperity of generations to come.

June 1, 2026 10:55 a.m. 1591
Global News UAE News Abu Dhabi News Abu Dhabi

More Trending News

Featured Stories

European Stocks Fall as Oil Prices and Yields Rise
Oct. 7, 2026 5:04 p.m.
European stocks slipped as rising oil prices and bond yields put pressure on investor sentiment and major market sectors
Read More
Two Missiles Target Aden International Airport
Oct. 7, 2026 4:23 p.m.
Two missiles targeted Aden International Airport in Yemen, with no casualties reported as fighting intensifies between Houthi and government forces
Read More
17 Killed in Zamfara Mining Site and Village Attack
Oct. 7, 2026 3:15 p.m.
Seventeen people were killed after armed gangs attacked a mining site and village in Zamfara State, northwest Nigeria
Read More
Iran Offers Seven-Day Plan to Reopen Strait of Hormuz
Sept. 26, 2026 4:27 p.m.
Iran says Hormuz can reopen within 7 days if the US accepts its proposed plan for ending hostilities and restoring shipping
Read More
Oman Spends Over OMR 188 Million on Development Projects
Sept. 26, 2026 3:35 p.m.
Oman spent over OMR 188 million on transport, communications and IT development projects through Q3 2026
Read More
Oman FM Holds Key Meetings During UN General Assembly
Sept. 26, 2026 3:11 p.m.
Oman’s Foreign Minister meets UNICEF and US officials in New York to discuss children’s welfare, aid and regional issues
Read More
S&P Affirms Oman’s BBB- Credit Rating With Stable Outlook
Sept. 26, 2026 1:09 p.m.
S&P affirms Oman’s BBB- rating with a stable outlook and raises its 2026 GDP growth forecast to 3.5%
Read More
Wall Street Ends Higher as Technology Stocks Gain
Sept. 26, 2026 11:57 a.m.
Wall Street closed higher as Microsoft and AI stocks gained, while oil prices and Treasury yields kept investors cautious
Read More
Shehbaz Sharif Calls Houthi Threats to Holy Sites a Red Line
Sept. 26, 2026 11:51 a.m.
Shehbaz Sharif condemned Houthi attacks on Saudi Arabia and warned against threats to Makkah and Madinah
Read More
Sponsored