Our work > Marine Change

SUSTAINABLE FISHERIES

THE CHALLENGE

Artisanal fishers comprise up to 90 percent of employment in capture fisheries worldwide. Coastal fish stocks are at high risk of depletion due to overfishing, marine pollution, and climate change. As a result, small-scale fishers are forced to focus their efforts farther from shore, often without adequate equipment.

In Indonesia, small-scale fishing communities - 94 percent of the sector - have limited economic returns from their activities due to the lack of access to export markets, lack of investment capital, and challenges related to quality. Fish bound for export command prices well above those at the local wet market. Poorly compensated for their catch, fishers are unable to invest in basic items such as blocks of ice, knives, and cool boxes, and hence can't reach the standards of quality for export. Adding to this, Indonesian fishers are not aware of the techniques required to deliver a high-quality product. All these factors conspire to keep export markets out of reach and fishers’ incomes low.


OUR SOLUTION
Marine Change works on the business challenges associated with fisheries improvement projects (FIPs), Marine Stewardship Council (MSC) and Fair Trade certification, ghost gear mitigation, vessel monitoring system (VMS) technologies and platforms, traceability (including blockchain), and the economic impacts of harvest control rules. Our geographic expertise is Southeast Asia and the Western Pacific.

We build financial projections, assist with capital raises, and develop branding strategies for sustainable fishing and fish trading operations.


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Our work > Marine Change

MARINE PROTECTED AREAS & ECO-TOURISM

THE CHALLENGE

Biodiversity loss is taking place across the globe. In some cases, marine ecosystems can collapse due to the combined effects of habitat degradation, pollution, overfishing, and climate change.

A healthy ocean is highly productive: it generates and safeguards jobs for coastal communities, provides food security, and appeals to the growing tourism industry. Globally, there is growing recognition of the need to increase conservation efforts, as protecting the ocean is not just an environmental issue but has social and economic impacts as well.

Indonesia’s islands are located at the heart of the Coral Triangle, one of the most biodiverse areas on Earth. Its islands offer exceptional tourism destinations for lovers of pristine waters

Marine Protected Areas can be a powerful mechanism to maintain coral reefs and protect marine ecosystems, and are part of a range of integrated ocean management options that can sustain ocean health while enhancing the ocean’s productivity.

OUR SOLUTION
Marine Change builds business plans and financial forecasts for MPAs and develops economic models demonstrating the long-term benefits of adopting policies that promote eco-tourism versus mass tourism.
We advise eco-tourism businesses on their sustainability, marketing, and financial strategies.


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Our work > Financing Change

CIRCULAR ECONOMY & WASTE MANAGEMENT

According to World Bank data, over 2 billion tons of solid waste are generated annually, of which 242 million tons are plastic waste. Is it estimated that at least 35 percent of this waste is not managed effectively.

In Indonesia, 6.8 million tons of plastic waste were generated in 2017, with a recycling rate of just 6 percent and a high rate of leakage into the country's waterways. Our priorities include creating business models for plastic waste management in Southeast Asia with a particular focus on recycling end-of-life plastics to ease the transition from a linear to a circular economy.

In the context of plastic waste management systems in Indonesia, how can we integrate innovative solutions that will improve overall waste management strategies?

OUR SOLUTION
To address the enormous challenge of plastic waste, Financing Change has partnered with a leading chemical recycling company in Southeast Asia to introduce chemical recycling technology that transforms end-of-life plastics and contributes to the circular economy.
We are supporting the development of a blockchain mass-balancing tool that will allow consumer goods companies to prove that they are meeting their public commitments to source a proportion of their packaging from recycled materials. In return, they will pay a fee directly to workers in the waste supply chain to incentivize increased collection rates of plastics that typically leak into the environment.


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Our work > Financing Change

WATER SCARCITY & CLIMATE MITIGATION

THE CHALLENGE
By 2025, an estimated 1.8 billion people will face absolute water scarcity, while two-thirds of the world’s population could be living under water-stressed conditions. According to the WHO and UNICEF Joint Monitoring Program for Water, nearly 30 million people in Indonesia do not have access to a safe drinking water source.

Emerging technologies offer solutions to cost-effectively mitigate or solve water scarcity challenges. While awareness around water scarcity is rising globally, areas with widely dispersed, low-income populations, such as the Indonesian archipelago, present additional logistical and business challenges. These same coastal communities are vulnerable to the impacts of climate change.

OUR SOLUTION
For remote areas that struggle with water scarcity and the expense and waste associated with water bottled in single-use plastic, Financing Change is focused on creating business models for innovative technologies that provide clean potable water.
We also design innovative solutions, such as parametric insurance, to protect coastal communities’ incomes against adverse weather events, and model climate adaptation measures.


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