Deep Dive: Two of America’s Wealthiest Philanthropists Are Teaming Up to Protect the Oceans

Tuesday, November 13, 2018

By Tate Williams

Ocean conservation has emerged as a favored cause among finance and tech mega-donors alike, and it’s an issue as wide-ranging as, well, the ocean. That’s true for the vast amount of need in the field, and for the varied approaches of philanthropists.

Take, for example, Michael Bloomberg and Ray Dalio. These two have very different perspectives on ocean conservation—one is all about data-driven solutions and impacts on humans, the other is into high-tech exploration and raising awareness. But the two have enough common ground that they’ve formed a partnership intended to complement each other’s strengths. That includes a combined $185 million pledge to oceans work over the next four years.

Photo courtesy of Ron Kroetz.

Source: Inside Philanthropy (link opens in a new window)

Environment, Investing
impact investing, philanthropy