The Khaled bin Sultan Living Oceans Foundation and the Prince Albert II of Monaco Foundation pledge to work together to protect the ocean and its biodiversity.
The Khaled bin Sultan Living Oceans Foundation and the Prince Albert II of Monaco Foundation have reached a momentous agreement to work together to safeguard our oceans. Recognizing their mutual interest in protecting ocean health for current and future generations, the two foundations formalized their partnership by signing a memorandum of understanding (MoU) at the Third Foundations Dialogue meeting in Monaco. The signing ceremony was graced by the presence of His Serene Highness Prince Albert II of Monaco and Her Royal Highness Princess Hala bint Khaled bin Sultan.
Organized by the Intergovernmental Oceanographic Commission of UNESCO, the Foundations Dialogue Group provides a platform for the philanthropic community to collaborate and work together to move the needle towards ocean conservation. The Third Foundations Dialogue Meeting is being hosted by the Prince Albert II of Monaco Foundation at the Monte Carlo Bay Hotel & Resort from June 14-16. It provides a unique opportunity for foundations to collaborate and see how they could align their efforts to achieve the bold ambitions of the United Nations Ocean Decade for Sustainable Development, known as the “Ocean Decade.”
The Prince Albert II of Monaco Foundation, established by HSH Prince Albert II of Monaco, has long been at the forefront of environmental preservation. Their tireless efforts span a wide range of fields, including climate change, renewable energies, biodiversity, and water conservation. By raising awareness of the impact of human activities on the natural environment, fostering eco-friendly practices, and supporting exceptional initiatives and innovative solutions, the Foundation aims to create a lasting impact in key areas such as the Mediterranean Basin, the Polar Regions, and in Least Developed Countries.
The Khaled bin Sultan Living Oceans Foundation, founded by Princess Hala’s father, HRH Khaled bin Sultan Al-Saud, stands as a beacon of hope for our oceans. For over two decades, the Living Oceans Foundation has dedicated itself to the protection, conservation, and restoration of marine ecosystems, with a focus on conserving coral reefs and other vulnerable tropical marine ecosystems. Through their combined approach of scientific research, outreach, and education, the Living Oceans Foundation has become a global leader in marine conservation, empowering communities, advancing ocean science, and improving ocean literacy around the world.
The MoU signed today between the Living Oceans Foundation and the Prince Albert II of Monaco Foundation recognizes the complementary nature of their expertise and the immense potential for collaborating to make a lasting difference in ocean conservation. By joining forces, both organizations aim to amplify their conservation efforts, exchange knowledge, and embark on joint projects that align with their shared objectives and geographical priorities.
Alexandra Dempsey, CEO of the Khaled bin Sultan Living Oceans Foundation, expressed her excitement about the signed partnership, stating, “With the signing of this MOU, we are embarking on a new era of collaboration, innovation, and collective action. Together with the Prince Albert II of Monaco Foundation, we will amplify our efforts to protect and restore our invaluable marine ecosystems, ensuring their sustainability for generations to come.”
Olivier Wenden, Vice-President and CEO of the Prince Albert II of Monaco Foundation, emphasized the significance of the partnership, saying, “This alliance highlights the importance of collaboration. By joining forces with the Khaled bin Sultan Living Oceans Foundation, we have strengthened our capacity to tackle the urgent challenges facing the world’s ocean and favour meaningful change together.
As the partnership between the Living Oceans Foundation and the Prince Albert II of Monaco Foundation comes into effect and the real work is set to begin, both organizations are eager to leverage their shared commitment, expertise, and global reach to help build a future where our oceans thrive.
Khaled bin Sultan Living Oceans Foundation:
The Khaled bin Sultan Living Oceans Foundation is a nonprofit environmental organization dedicated to the conservation of the world’s oceans and aquatic resources. With a mission to provide science-based solutions to protect and restore ocean health, the Foundation utilizes cutting-edge research, impactful outreach programs, and education initiatives to improve ocean literacy and foster lasting conservation for fragile marine ecosystems. By embracing the principle of Science Without Borders®, the Foundation forms partnerships worldwide to leverage the resources, expertise, and ideas necessary to make substantial progress in ocean conservation.
Prince Albert II of Monaco Foundation:
The Prince Albert II of Monaco Foundation is a global non-profit organization, committed to progressing Planetary Health for present and future generations by co-creating initiatives and supporting hundreds of projects across our beloved Planet. The Prince Albert II of Monaco Foundation focuses its efforts on three principal domains of action: climate change, biodiversity, and water resources, in the following main geographical regions: the Mediterranean Basin, the Polar Regions, and the Least Developed Countries. The Foundation has already granted + 101 million euros to fund more than +750 projects that focus on limiting the effects of climate change, promoting renewable energies, protecting the ocean, preserving biodiversity, managing water resources, and combating deforestation.
