Harmonizing Offshore Wind Energy and Marine Ecosystems: A Framework for Environmental Metrics and Tools
KEY HIGHLIGHTS FROM THE MAKING OCEANS COUNT II PROJECT
The Making Oceans Count II (MOC II) project seeks to ensure that material marine ecosystem-related risks and opportunities are better integrated into the decision-making processes of key actors within the Nordic financial sector and the blue economy.
Investors play a pivotal role in advancing the sustainability of marine environments, as well as protecting and restoring their biodiversity.
In its current phase, Making Oceans Count 2, the project focuses on scoping and addressing the needs of the sustainable blue economy and finance.
The long-term ambition is to leverage ocean-related data to develop insightful and actionable ocean (ESG) metrics tailored for investors and industries exposed to the marine environment.
By aligning ocean data with the needs of financial and ocean-based industry decision-makers, the MOC initiative aspires to drive meaningful contributions toward a sustainable blue economy.
Report Structure:
- Introduction
- Overview of offshore wind energy and its environmental impact.
- Environmental Pressures and Impacts
- In-depth analysis of the environmental risks posed by offshore wind farms, such as habitat disruption and noise pollution.
- Environmental Metrics and Criteria
- A framework of metrics for evaluating the sustainability of offshore wind projects, aligned with international standards.
- Ecosystem Mapping Tool
- Introduction of a geo-mapping tool to visualize environmental risks and guide site selection.
- Stakeholder Engagement
- Feedback from industry experts.
- Regulatory Alignment and Sustainability
- Discussion on regulatory standards (CSRD, EU Taxonomy, etc.) and their integration with the proposed environmental criteria.
- Conclusion and Recommendations
For more information, please reach out to Kristjan Jespersen (kj.msc@cbs.dk).