The Ocean Innovation Challenge (OIC) is a unique new mechanism that has been designed to accelerate progress on SDG14 by identifying, financing, advising, & mentoring truly innovative, entrepreneurial & creative approaches to ocean & coastal restoration & protection that sustains livelihoods & advances the ‘blue economy’.
The OIC seeks innovations that are transferable, replicable, & scalable to achieve maximum catalytic impact. Through this challenge it is seeking innovative solutions that address one or more of the following SDG 14 targets:
14.4 By 2020, end overfishing, IUU fishing & destructive fishing practices
14.7 By 2030, increase the economic benefits to SIDS & LDCs from the sustainable use of marine resources, including through sustainable management of fisheries (and) aquaculture.
14.b Provide access for small scale artisanal fishers to marine resources & markets
Project proponents can include governments, private companies (including start-ups), NGO/CSO, United Nations entities, academic institutions, & intergovernmental organizations.
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