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Daniela Relph, a royal correspondent, reports that the Prince of Wales is set to travel to the South of France over the weekend to advocate for increased measures to safeguard the world’s oceans. A “landmark speech” is scheduled for Monaco on World Oceans Day, where he will address environmentalists and investors on the importance of collaborative efforts in ocean protection. Attending as the founder of the Earthshot environmental prize, Prince William will participate in the Blue Economy and Finance Forum, serving as a precursor to the UN Oceans Conference in Nice.
“The time is now,” states a spokesperson from Kensington Palace, emphasizing the urgent need for global action to combat the detrimental impacts of rising temperatures, pollution, and overfishing on the world’s oceans and coastal communities. Discussions at the forum will highlight the crucial role oceans play in areas such as global trade, food security, and sustainable energy. The event, held at the Grimaldi Forum in Monaco, is backed by Prince Albert II of Monaco, an advocate for various ocean projects and a significant figure at the forum.
As part of his environmental advocacy, Prince William’s visit to France exemplifies his growing role as a global statesman, aligning with leaders like France’s President Emmanuel Macron and President Rodrigo Roblez of Costa Rica at the Monaco forum. The choice of Monaco as the venue underscores the presence of influential investors within a luxury environment, offering opportunities for the prince to leverage his status in engaging potential supporters for ocean conservation initiatives. Illustrating the significance of environmental solutions, the prince aims to promote investments that contribute to the restoration and protection of marine ecosystems.
In a notable development, CoralVita, a coral restoration business, recently secured funding of approximately £6m ($8.1m) led by Builders Vision, a philanthropic organization founded by Lukas Walton, associated with the Walmart chain. The sizeable investment, one of the largest for ocean-related projects, will enable CoralVita to expand its restoration efforts significantly, courtesy of the partnership with the Earthshot Prize championed by Prince William. The prince’s influence has proven instrumental in bridging environmental innovation with financial backing, underscoring the importance of sustainability in securing long-term commitments from investors
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