Biodiversity allocations support our work in the offshore environment to mitigate, conserve, and restore biodiversity. This investment is part of our ambition to achieve a net-positive impact on biodiversity
for all new renewable energy projects we commission from 2030 onwards. To achieve this ambition, we are actively piloting innovative new techniques like artificial habitat restoration
, with the objective of learning from successes and failures so that we can scale up successful solutions – one of the motivations behind launching blue bonds.
Sustainable shipping allocations support our ambition both to take a leading position in developing green ocean fuels and to decarbonise ocean vessels. An example of the type of project in this scope would be our FlagshipONE project in Sweden
, which will use renewable electricity and biogenic carbon dioxide to synthesise e-methanol that can be used as a shipping fuel.
How do we track and communicate the impact of our blue bonds?
We work to deliver the maximum impact from the capital we raise through blue bonds. We’re committed to measuring this impact and evaluating the funding needed to achieve it. What’s more, we understand that tackling the climate and biodiversity crises are tasks we share across industries and across borders, so we will continue to share what we learn with the wider market.
Blue finance is vital for ocean-based climate action, mobilising funds for projects that protect marine ecosystems, reduce emissions, and promote a sustainable blue economy. For investors, they represent an attractive investment opportunity. For Ørsted, they allow us to take concrete action to achieve our 2030 net-positive biodiversity goal, and to develop sustainable solutions for the shipping industry.