Tech News Summary:
- The United States is investing $3.9 million in grants to support small businesses in improving climate resilience through the Ocean-Based Climate Resilience Accelerators program.
- The program aims to develop and advance new technologies for collecting coastal, ocean, and Great Lakes data to create tools, products, and services that address climate resilience needs.
- The program will invest in a network of business accelerators that support the development of innovative early- or mid-stage small businesses through training, resources, mentoring, and funding, with a potential for up to $55 million for implementing proposed accelerators in Phase 2.
The United States government has announced a commitment of $3.9 million to support ocean-based climate action. This funding will be used to advance efforts to address climate change and its impact on the world’s oceans.
The announcement was made by the US State Department during the 2022 Our Ocean Conference, a global event focused on ocean conservation and sustainable development. The funding will support initiatives aimed at reducing carbon emissions from marine transportation, promoting sustainable fisheries, and protecting coastal ecosystems.
The US government has emphasized the critical role that oceans play in regulating the Earth’s climate and the need for urgent action to mitigate the impacts of climate change on marine environments. By investing in ocean-based climate action, the US aims to support global efforts to reduce greenhouse gas emissions and protect vulnerable coastal communities from the impacts of sea-level rise and extreme weather events.
This commitment aligns with the Biden administration’s broader climate agenda, which includes rejoining the Paris Agreement and implementing ambitious policies to reduce carbon emissions across all sectors of the economy. The US government has also emphasized the need for international cooperation and collaboration to address the interconnected challenges of climate change and ocean conservation.
The funding announced at the 2022 Our Ocean Conference demonstrates the US government’s commitment to prioritizing ocean-based climate action and supporting innovative solutions to address the urgent threats facing our planet’s oceans. This investment is a significant step towards achieving a more sustainable and resilient future for our marine environments.