According to the United Nations, the oceans produce 50% of our oxygen, absorb 25% of all carbon dioxide emissions and capture 90% of the excess heat generated by these emissions.
They regulate our climate, weather and support services – from shipping to fishing to energy – which together will make up the world’s seventh-largest economy by GDP.
But the seas are under enormous pressure from climate change, pollution and over-exploitation. Israeli startups are among those trying to find sustainable solutions.
On Wednesday, some of them presented their innovations at the first Blue Tech Summit, in the northern Israeli port city of Haifa.
The summit was organized by the National Center for the Blue Economy, which was established a year ago as part of a partnership between the Israeli government and the European Union to develop a strategy for sustainable ocean management.
Funded by the Haifa Municipality, the center supports 14 new startups in its accelerator at the port and creates an ecosystem of entrepreneurs, investors, researchers, and environmental groups in Israel and abroad.
More than 300 people attended ConFab, including delegations from Portugal, India, South Korea, Japan and Greece.
Israel Times. Copyrights.
