Series: ADB Data Room: Marine Aquaculture, Reefs, Renewable Energy, and Ecotourism for Ecosystem Services ACEF 2022 Deep Dive Workshop: The Future of Ocean Energy and Hydrogen - Just Transition to a Safer World 16 June 2022 Our Ocean has enough energy to power our civilization. However, Ocean energy has been slow to be adopted due to technology costs, subsidization of fossil fuels, and a general lack of awareness of the ocean environment. For too long, the Ocean has been a dumping ground from which we extract what we can. Marine renewable energy can transform this linear relationship into one which helps regenerate the ocean by displacing fossil fuel use, regenerating ocean processes that sequester carbon and rebuild biodiversity. This starts with recognizing the natural capital value of the ocean spaces and planning activities with regeneration in mind. Objectives The session objective presented opportunities and constraints for the regenerative development of Ocean resources. The nascent rise of the hydrogen economy allows for new business models and supply chain types. The panel discussed the works being undertaken in TA6619 - Marine Aquaculture, Reefs, Renewable Energy, and Ecotourism for Ecosystem Services, notably the NIMP planning tool, and how this could be used to accelerate the adoption of marine renewable energy in ADB DMCs. Program and Learning Materials 16 June 2022 Session / Activity Title Speaker(s) Opening Welcome and Opening Remarks Stephen Peters, Senior Energy Specialist, ADB Presentation Orion Energy Hub This presentation gives an overview of Orion Energy Hub and what they do to accelerate the adoption of marine renewable energy in DMCs. Harry Thomson Presentation Towards Maritime Decarbonization An overview of Navtek's Project Zeeport and Green Shipping Finance, a publication published by Navtek that provides support to potential clients who… Ferhat Acuner Panel with Q&A Moderator: Nick Lambert, Principal, NLA Panel with Q&A Moderated Discussion Pierre Rousseau, Independent Consultant, Sustainability and FinanceChristine P. Chan, Senior Advisor to the Vice President, ADBAlex Rogers, Director of Science, REV OceanDr. Monica Verbeek, Executive Director, Seas at Risk Closing Closing Remarks Karina Barquet, Senior Research Fellow, Stockholm Environment Institute Disclaimer The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area. Event Coordinator/s Stephen Peters ADB Organizer/s Energy Sector Office Climate Change, Resilience, and Environment Cluster Read Also Home Page: Asia Clean Energy Forum 2022 ADB Data Room: Marine Aquaculture, Reefs, Renewable Energy, and Ecotourism for Ecosystem Services Deep Dive Workshop Event Page Partner Organization/s USAID Korea Energy Agency Topics Energy Environment Climate Change