Oceans generate half of the oxygen we breathe, supply us with food and provide livelihoods – in short, they play a critical social, environmental and economic role for us.
But our oceans are in danger. Plastic accumulating in them has become a global crisis and at current rates, plastic is expected to outweigh all the fish in the sea by 2050.
Abandoned, lost and discarded fishing gear – or “ghost gear” – makes up 10% of the plastic pollution in oceans every year. And by weight, ghost gear accounts for 70% of all floating macro-plastic debris.
So, how is ghost gear impacting our oceans? What are seafood companies doing to mitigate negative impacts of ghost gear? And what can investors do on this critical issue?
Join the PRI’s Head of Environmental Issues, Gemma James, as she delves into the topic. Gemma is joined this episode by guests Rory Sullivan, Co-Founder and Director at Chronos Sustainability, and Lynn Kavanagh, Campaign Manager at World Animal Protection.
Please see links below of projects discussed in the podcast:
The PRI’s work on plastics: https://www.unpri.org/esg-issues/environmental-issues/plastics Global Ghost Gear Initiative: https://www.ghostgear.org/ Investor letter asking MSC to include ghost gear in its new certification standards: https://collaborate.unpri.org/group/786/stream
