Alternative Investments/ESG: KraneShares And Rockefeller Launch ETF Focused On The “Blue Economy”

KraneShares Rockefeller Ocean Engagement ETF: The blue economy is a subset of the ocean economy, which has significant growth potential.

Rockefeller Asset Management and KraneShares have jointly introduced the KraneShares Rockefeller Ocean Engagement ETF (KSEA), an innovative investment opportunity aimed at addressing the intersection of finance and ocean health. This ETF, under the ticker KSEA, is designed to invest in public companies that play a significant role in the well-being of oceans and their resources, aligning with the concept of the blue economy. This sector emphasizes sustainable solutions that yield positive outcomes for the ocean environment.

KSEA’s primary objectives include generating competitive returns while actively engaging with the companies in its portfolio on key sustainability issues. These engagements focus on pollution prevention, carbon transition, and ocean conservation. The fund’s holdings span various sectors, encompassing aquaculture, commercial fishing, waste management, renewable energy, logistics, and more. (GlobeNewswire)

Rockefeller Asset Management, with its extensive experience in impact investing and partnerships with prominent non-profit organizations focused on ocean conservation, will play a crucial role in sub-advising KSEA. The collaboration aims to leverage the blue economy’s substantial growth potential, which is projected to outpace the mainstream economy by 2030, given the current global economic output of the ocean, standing at $2.4 trillion annually.

Luke Oliver, KraneShares Head of Climate Investments, emphasized the dual advantage of KSEA – contributing to a healthier ocean ecosystem and potentially achieving superior returns in this rapidly emerging sector.

The partnership believes that companies driving positive environmental change will lead economic growth, making KSEA a strategic addition to their climate investment portfolio.

Furthermore, both Rockefeller and KraneShares, alongside Mark Spalding from The Ocean Foundation, are hosting a webinar on October 4th to provide insights into the blue economy and investment opportunities.

This collaboration represents a forward-thinking approach to investing, acknowledging the economic significance of the oceans and the potential for positive change through sustainable investments.

Related Story: A New ETF From KraneShares Provides Exposure To Carbon Offsets

Image by toshiyuki tajima from Pixabay


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