{"id":4813,"date":"2022-04-22T18:23:15","date_gmt":"2022-04-22T12:53:15","guid":{"rendered":"https:\/\/jewelpedia.in\/?p=4813"},"modified":"2022-04-22T18:23:42","modified_gmt":"2022-04-22T12:53:42","slug":"de-beers-group-invests-us-2m-in-kelp-blue","status":"publish","type":"post","link":"https:\/\/jewelpedia.in\/index.php\/2022\/04\/22\/de-beers-group-invests-us-2m-in-kelp-blue\/","title":{"rendered":"De Beers Group Invests US$ 2M In Kelp Blue"},"content":{"rendered":"<h4><span data-preserver-spaces=\"true\"><span class=\"dropcap\">D<\/span>e Beers Group today announced it is investing US$2 million in Kelp Blue, an innovative start-up focused on growing and managing large-scale giant kelp forests, initially off the Namibian coast. These underwater forests have the potential to safely and permanently lock away vast amounts of CO2 in the ocean. Research has shown that kelp forests have carbon sequestration properties exceeding those of terrestrial forests and that they help sustain healthy marine ecosystems, providing food and shelter for countless species.<\/span><\/h4>\n<div id='gallery-1' class='gallery galleryid-4813 gallery-columns-1 gallery-size-large'><figure class='gallery-item'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/jewelpedia.in\/index.php\/2022\/04\/22\/de-beers-group-invests-us-2m-in-kelp-blue\/giant-kelp-underwater-forests-photo-credit-kelp-blue-3\/'><img loading=\"lazy\" decoding=\"async\" width=\"696\" height=\"522\" src=\"https:\/\/jewelpedia.in\/wp-content\/uploads\/2022\/04\/Giant-Kelp-underwater-forests.-Photo-credit-Kelp-Blue-3-1024x768.jpeg\" class=\"attachment-large size-large\" alt=\"De Beers Group Invests US$ 2M In Kelp Blue\" srcset=\"https:\/\/jewelpedia.in\/wp-content\/uploads\/2022\/04\/Giant-Kelp-underwater-forests.-Photo-credit-Kelp-Blue-3-1024x768.jpeg 1024w, https:\/\/jewelpedia.in\/wp-content\/uploads\/2022\/04\/Giant-Kelp-underwater-forests.-Photo-credit-Kelp-Blue-3-300x225.jpeg 300w, https:\/\/jewelpedia.in\/wp-content\/uploads\/2022\/04\/Giant-Kelp-underwater-forests.-Photo-credit-Kelp-Blue-3-768x576.jpeg 768w, https:\/\/jewelpedia.in\/wp-content\/uploads\/2022\/04\/Giant-Kelp-underwater-forests.-Photo-credit-Kelp-Blue-3-150x113.jpeg 150w, https:\/\/jewelpedia.in\/wp-content\/uploads\/2022\/04\/Giant-Kelp-underwater-forests.-Photo-credit-Kelp-Blue-3-600x450.jpeg 600w, https:\/\/jewelpedia.in\/wp-content\/uploads\/2022\/04\/Giant-Kelp-underwater-forests.-Photo-credit-Kelp-Blue-3-696x522.jpeg 696w, https:\/\/jewelpedia.in\/wp-content\/uploads\/2022\/04\/Giant-Kelp-underwater-forests.-Photo-credit-Kelp-Blue-3-1068x801.jpeg 1068w, https:\/\/jewelpedia.in\/wp-content\/uploads\/2022\/04\/Giant-Kelp-underwater-forests.-Photo-credit-Kelp-Blue-3-560x420.jpeg 560w, https:\/\/jewelpedia.in\/wp-content\/uploads\/2022\/04\/Giant-Kelp-underwater-forests.-Photo-credit-Kelp-Blue-3-1120x840.jpeg 1120w, https:\/\/jewelpedia.in\/wp-content\/uploads\/2022\/04\/Giant-Kelp-underwater-forests.-Photo-credit-Kelp-Blue-3-80x60.jpeg 80w, https:\/\/jewelpedia.in\/wp-content\/uploads\/2022\/04\/Giant-Kelp-underwater-forests.-Photo-credit-Kelp-Blue-3-160x120.jpeg 160w, https:\/\/jewelpedia.in\/wp-content\/uploads\/2022\/04\/Giant-Kelp-underwater-forests.-Photo-credit-Kelp-Blue-3-265x198.jpeg 265w, https:\/\/jewelpedia.in\/wp-content\/uploads\/2022\/04\/Giant-Kelp-underwater-forests.-Photo-credit-Kelp-Blue-3.jpeg 1200w\" sizes=\"(max-width: 696px) 100vw, 696px\" \/><\/a>\n\t\t\t<\/div><\/figure>\n\t\t<\/div>\n\n<h4><span data-preserver-spaces=\"true\">In line with De Beers Group\u2019s Building Forever sustainability goals, the investment supports a pioneering nature-based solution for sequestering carbon and enhancing biodiversity, while also delivering skills development and job creation in Namibia, where De Beers has recovered diamonds in a joint venture partnership with the Namibian Government for almost three decades.<\/span><\/h4>\n<h4><span data-preserver-spaces=\"true\">In 2021, Kelp Blue was awarded a license to cultivate Giant Kelp off the coast of Namibia and is now in the pilot phase. The business will contribute to infrastructure development in and around the town of L\u00fcderitz, benefitting the local community by creating employment and upskilling opportunities in kelp cultivation and processing. During the pilot phase, the business will generate a range of direct and indirect jobs in biotechnology, engineering, processing, support services, and logistics in Namibia.<\/span><\/h4>\n<div id='gallery-2' class='gallery galleryid-4813 gallery-columns-1 gallery-size-large'><figure class='gallery-item'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/jewelpedia.in\/index.php\/2022\/04\/22\/de-beers-group-invests-us-2m-in-kelp-blue\/giant-kelp-underwater-forests-photo-credit-kelp-blue-2\/'><img loading=\"lazy\" decoding=\"async\" width=\"696\" height=\"462\" src=\"https:\/\/jewelpedia.in\/wp-content\/uploads\/2022\/04\/Giant-Kelp-underwater-forests.-Photo-credit-Kelp-Blue-2-1024x679.jpg\" class=\"attachment-large size-large\" alt=\"De Beers Group Invests US$ 2M In Kelp Blue\" srcset=\"https:\/\/jewelpedia.in\/wp-content\/uploads\/2022\/04\/Giant-Kelp-underwater-forests.-Photo-credit-Kelp-Blue-2-1024x679.jpg 1024w, https:\/\/jewelpedia.in\/wp-content\/uploads\/2022\/04\/Giant-Kelp-underwater-forests.-Photo-credit-Kelp-Blue-2-300x199.jpg 300w, https:\/\/jewelpedia.in\/wp-content\/uploads\/2022\/04\/Giant-Kelp-underwater-forests.-Photo-credit-Kelp-Blue-2-768x509.jpg 768w, https:\/\/jewelpedia.in\/wp-content\/uploads\/2022\/04\/Giant-Kelp-underwater-forests.-Photo-credit-Kelp-Blue-2-150x100.jpg 150w, https:\/\/jewelpedia.in\/wp-content\/uploads\/2022\/04\/Giant-Kelp-underwater-forests.-Photo-credit-Kelp-Blue-2-600x398.jpg 600w, https:\/\/jewelpedia.in\/wp-content\/uploads\/2022\/04\/Giant-Kelp-underwater-forests.-Photo-credit-Kelp-Blue-2-696x462.jpg 696w, https:\/\/jewelpedia.in\/wp-content\/uploads\/2022\/04\/Giant-Kelp-underwater-forests.-Photo-credit-Kelp-Blue-2-1068x708.jpg 1068w, https:\/\/jewelpedia.in\/wp-content\/uploads\/2022\/04\/Giant-Kelp-underwater-forests.-Photo-credit-Kelp-Blue-2-633x420.jpg 633w, https:\/\/jewelpedia.in\/wp-content\/uploads\/2022\/04\/Giant-Kelp-underwater-forests.-Photo-credit-Kelp-Blue-2.jpg 1200w\" sizes=\"(max-width: 696px) 100vw, 696px\" \/><\/a>\n\t\t\t<\/div><\/figure>\n\t\t<\/div>\n\n<h4><span data-preserver-spaces=\"true\">The initiative will also support De Beers in its goal of being carbon neutral across its operations by 2030. While De Beers Group\u2019s primary focus in achieving this goal will be on increasing efficiency and replacing fossil fuel and fossil-based energy from its operations with renewable alternatives, carbon credits resulting from the investment in Kelp Blue will support the company in removing any remaining emissions, alongside other nature-based initiatives.<\/span><\/h4>\n<h4><strong><span data-preserver-spaces=\"true\">Neil Ventura, Executive Vice-President, Strategy and Innovation at De Beers Group<\/span><\/strong><span data-preserver-spaces=\"true\">, said, \u201cWe are committed to being carbon neutral across our operations by 2030, and to achieve this ambitious target we will need to recover a share of our emissions after we have removed and replaced the majority of the fossil fuel energy in our business. Instead of simply purchasing carbon credits on the market, we are looking to identify potential long-term, sustainable, and innovative nature-based solutions for this \u2013 particularly those that can deliver additional carbon capture benefits beyond our own business. While there is still work to be done to understand more about the scale of the opportunity, Kelp Blue is an innovative start-up with significant potential, and we are proud to invest in its future.&#8221;<\/span><\/h4>\n<h4><span data-preserver-spaces=\"true\">\u201cAlongside protecting the natural world, another priority of our Building Forever sustainability framework is to partner with communities in our host countries on sustainable development opportunities. The potential benefits in L\u00fcderitz and elsewhere in Namibia \u2013 in terms of employment and supporting \u2018green\u2019 solutions to wider challenges \u2013 highlight just how well Kelp Blue\u2019s objectives align with our own sustainability approach,\u201d he added.<\/span><\/h4>\n<h4><strong><span data-preserver-spaces=\"true\">Daniel Hooft, Founder, and CEO of Kelp Blue<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0said, \u201cWe are very pleased to have De Beers alongside us, thinking about the future, today. De Beers has communicated its commitment to protecting the natural world through its 2030 Building Forever sustainability goals, with its focus on carbon neutrality, minimising its water footprint, and delivering a net positive impact on biodiversity. These are one hundred percent aligned to Kelp Blue\u2019s core passion and purpose. De Beers\u2019 early investment in our offshore pilot \u2013 a world first in terms of scale and ambition \u2013 specifically helps us accelerate the quantification and verification of the carbon sequestration pathways, which is essential for the whole seaweed industry in terms of scientifically establishing the potential of this novel nature-based solution.\u201d<\/span><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>De Beers Group today announced it is investing US$2 million in Kelp Blue, an innovative start-up focused on growing and managing large-scale giant kelp forests, initially off the Namibian coast. These underwater forests have the potential to safely and permanently lock away vast amounts of CO2 in the ocean. Research has shown that kelp forests [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4816,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[231,22,1,29,234],"tags":[272,269,271,241,270],"class_list":{"0":"post-4813","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-industry","8":"category-latest","9":"category-news","10":"category-news-latest","11":"category-press-release","12":"tag-sea-life","13":"tag-be-beers","14":"tag-biodiversity","15":"tag-jewelpedia","16":"tag-kelp-blue"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>De Beers Group Invests US$ 2M In Kelp Blue - JEWELPEDIA<\/title>\n<meta name=\"description\" content=\"De Beers Invests in kelp Blue, a start-up focused on growing &amp; managing large-scale giant kelp forests, initially off the Namibian coast.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/jewelpedia.in\/index.php\/2022\/04\/22\/de-beers-group-invests-us-2m-in-kelp-blue\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"De Beers Group Invests US$ 2M In Kelp Blue - 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