Sustainable Seas National Science Challenge

With our long-standing background in developing and delivering ecosystem-based management in fisheries internationally and domestically, Terra Moana has engaged in the Challenge since its inception.

Upholding the value of pāua quota

Terra Moana led an important Sustainable Seas funded project investigating how to Upholding the value of pāua quota in partnership with ANZ Bank. This was highlighted in two articles in the lead up to the Convention on Biological Diversity negotiations in Montreal in December 2022 given the Taskforce on Nature-related Financial Disclosure negotiations and strong international push to improve care of the oceans in two articles:

• How research into the humble pāua could change finance
• ANZ Bank moves into pāua climate risk research

We are pleased to see the completion of this project, ending with a webinar to showcase the findings from our investigation.

Link to the published report and model:  Upholding The Value of Pāua Quota

Blue Economy

We are also delighted to have recently partnered with Envirostrat and Jane Diplock to conclude two projects shaping the Aotearoa New Zealand blue economy.

Developing blue economy principles for Aotearoa New Zealand

Terra Moana has assisted in developing the draft set of blue economy principles under this challenge for socialisation, consultation, and Aotearoa New Zealand. These are being socialised with blue economy stakeholders in a phase 2 outreach programme.

Link to Blue Economy Principles Report

Blue Economy Disclosure

This reviewed blue economy disclosure globally and described the arena for Aotearoa New Zealand. We have the Zero Carbon Act in New Zealand which establishes mandatory-climate related disclosures for large publicly listed companies, insurers, banks, non-bank deposit takers and investment managers. Some of these are in the marine arena and both need to understand their exposure to climate change related risks, along with their opportunities to respond to them either through mitigation, adaptation, or resilience building.

Link to Sustainability Disclosures in the Blue Economy Report