Press Conference: Can We Harness Technology to Protect the Ocean?

>> Okay Okay, well, good afternoon, everyone and welcome those who are watching online My name is Dominic Kailash Nath Waughray and I am the managing director of the World Economic Forum and we are here in New York at the summit We have a very special moment for the next 25 minutes or so, where we are delighted to announce a new affiliate centre in our network of centres for the Fourth Industrial Revolution and this particular centre is the first of its kind with a thematic dimension, particularly around innovation to save the oceans Ocean and biodiversity As you know the ocean is under immention pressure notably due to climate change, but also because of challenges it faces from resource depletion, overuse, shipping pollution and many other activities We have seen here in New York, a lot of the tension on climate and biodiversity and land use, yet sometimes we forget that over 90% of the earth’s surface is ocean and it’s a vital part of the earth’s systems for regulating climate, absorbing carbon and for many other things For that reason, it’s ripe for a look at how the technologies of the fourth Industrial Revolution can be Nash necessaried to minimise the risks and maximise the opportunities for our society in terms of safeguarding the oceans for the future in line with the ocean SDG We are so delighted with the panel here who will talk a little bit about the centre and about our network of centres and about the engagement particularly of Aker Group who are one of the key sponsors and champions of the centre in Norway So, may I introduce, B?rge, who is the President of the World Economic Forum to my mediate left, Annie Brett, who is a Hommffman fellow and linked to the Stanford group for oceans ?YVIND: Who is the President and CEO of that and with impeccable timing That is the mark of a true ambassador, Vidar Helgesen, who is special envoy to the high level panel on building a sustainable ocean economy So welcome all and if I can turn to Borge, to introduce the concept of the centres for the Fourth Industrial Revolution and to outline the role of the forum in terms of public private partnerships Borge BORGE:Thank you, Dominic and to the rest of the panel for joining us and also to the audience for something that I think is quite historic, as many of you know, the World Economic Forum has taken leadership when it comes to the Fourth Industrial Revolution and the new technologies that we know that will also be shaping this century I think when we are now witnessing this trade conflict between the two largest economies in the world, the US and China, together more than 40% of the global GDP, I think it’s not only about trade, I think an underlying factor here is who is going to be in control of the new technologies and there is correlation between being in control of the technologies and also global influence and also economic growth to move forward What we have tried, when we have taken leadership in the area of the Fourth Industrial Revolution, as the World Economic Forum, as an international organisation for public-private Corporation is that we feel these technologies should also work in the centre interests of human kind These technologies will, are very consequential, but we lack traffic rules in many of these areas, but we also think that this technology can also support the sustainable development cause We will not reach the sustainable development goals without also mobilising the new technologies I think in the area of the environment, sustainability and oceans, the new technologies can have huge impact and potentially positive impact If you can use robotic, internet of things, artificial intelligence to also address clay,

biodiversity, cleaning up rivers and oceans it has a huge potential – climate change So what we have done at our main centre for the Fourth Industrial Revolution is in San Francisco, but we also have then centre sister centres and affiliated centres around the world We have one in Beijing and Tokyo and Mumbai and we have opened up the first affiliated centre in the UAE and in Colombia The first one in Europe will be in Oslo I am very pleased by that, of course, it’s also very happy that its about nature and oceans is thematic focus on this, as dom ic Dominic so eloquently, underlining the oceans are so important for all of our plant and we are not on a sustainable track when it comes to oceans either This perspective is, at least is an illustration that they can be more plastic in the ocean than there are fish by 2050 is totally unacceptable and like a scary scenario that has to be avoided I think the centre in Oslo with all of the competence that is also in Norway, on oceans and clean oceans and the blue economy is a huge opportunity And, thank you to Aker, but also to my former colleague, Vidar, for being so passionate about this and I think it’s incredible that it’s now really happening and it’s taking place and it couldn’t be a better timing, because it’s also in the run-up to the big oceans conference that Norway will be hosting, I think it’s in October, so this is a particularly happy moment also for the World Economic Forum >> Thank you, perhaps we can turn to OyvenEriksen, the CEO of Aker Perhaps there is a couple of things that people might be interested Not least will the centre on biodiversity do and why are you personally and through Aker group involved Perhaps you can help provide some thoughts to those sorts of questions >> ?YVIND: OYVIND:I would be happy to do so, but first I would like to thank the World Economic Forum for establishing the centre for the Fourth Industrial Revolution in Norway and I would like to thank the Norwegian Government for the strong support for this initiative As B?rge, briefly explained, no Norway is a country that is largely based on the natural resources in the oceanorge, briefly explained, no Norway is a country that is largely based on the natural resources in the ocean and the Aker group has operated for almost 180 years in a wide range of ocean-related industries As a consequence we have built up a significant experience, competency and technology base, which, today, is used primarily for commercial reasons As business enterprises, we also have to change and I sincerely hope that this centre will facilitate a dialogue and execute projects which will make a difference, but will also help business enterprises like the Aker Group to make the right decisions going forward So, Norway is, from my perspective, an ideal location for centre, with a global mandate for ocean and environment Aker has taken this initiative due to our history, due to our competencies and due to our wish to make a difference going forward But it’s important also to highlight that our main role is to facilitate a collaboration with all of the stakeholders So, going forwards, the centre will invite Governments, business enterprises, international organisations and other stakeholders to define and execute specific use cases or

projects What inspired me in particular to work for this initiative was what I learned when I visited the main centre in San Francisco, because there is a lot of resources, a lot of processes, a lot of talk about the need for change in order to save the environment going forward, but what I learned in San Francisco was how impatient the centre is to deliver tangible results and that resonates well with a business leader like myself, that we need to demonstrate, not only results for the environment, but results for the environment, which combines commercial interests So, this centre will prioritise, hopefully, projects which will improve ocean economy, just as much as ocean industries to operate in a more sustainable way going forward So, to answer your question about how will the centre operate and what will we focus on? It’s fair to say that this is early days We have the main theme ocean and environment But, the method of work will, as I said, be to invite business partners and others to execute use cases and projects jointly with us From an Aker perspective, I believe that the main priorities, should be to focus on technologies, which will help ocean related industries to operate in a more sustainable way The second focus area should be to apply big data to the monitoring and managing of natural resources and a third headline for use cases should be how technology can help us to protect marine biodiversity I mentioned three headlines, hopefully a number of use cases and engagement going forward But to round off, what is equally important is the invitation for collaboration, because today, my experience is that there is a lot of engagement, but we are discussing how to save the ocean in silos So if companies like Aker can join forces with Government, international organisations a and others to deliver tangible results, hopefully we can inspire others to follow DOMINIC: Thank you so much, Mr Eriksen I can guarantee having a leading businessmen like oif Eriksen – Oyvind Eriksen, the focus will be at the heart It’s been a fabulous experience That is the element of the public and private, that is the Essen of the World Economic Forum’s collaborative platform It’s so exciting to have a thematic centre for the global good around oceans and biodiversity I can’t think of a better place than Norway given the history and engagement with ocean activity and as you rightly mention, both on the industry side and in terms of some of the global challenges facing the SDG, for oceans, this idea of big data and tackling some of the problems like illegal fishing and some of the industrial challenges that the ocean faces to make them more sustainable, drawing in the latest technologies for the benefit of society and minimising risks All of these, Vidar Helgesen, are things you are grap eming with for the high level panel to the ocean and the sustainable economy It would be fascinating I think for those listening and watching as to how you see the use and creation of a centre for ocean and climate ocean and bio diversity and the latest Fourth Industrial Revolution technologies What kind of role can it play to further the agenda you are so deeply involved in with Governments and the international community about the ocean? VIDAR: Well, first of all, it’s very clear that we need innovations We need innovations in technology, we need evaluations in finance and innovations in governance

and as things are changing faster both in terms of the technology and in terms of the ocean itself, we need new knowledge and we need ever updated knowledge and we need to make that available, we made to learn from it and we need to accelerate the solutions and I think this centre can play a very important role in that I like – I would like to, apart from congratulating the World Economic Forum and Aker on this centre, I would like to say that the role that the forum has taken in promoting knowledge, reflection and responsible application of Fourth Industrial Revolution technologies is really important These are technologies with a potential to change so much in fundamental ways and we don’t have the predictions yet We don’t really know in which ways but we know they can really be fundamental That means of course that they can be be a seller yettor technologies for – be a sellerrator technologies for good or bad If they are accelerating business as usual that is going to be bad and a there is a lot of bad in the ocean these days What we need to do is really to apply new technologies for the necessary innovations and the necessary solutions I have high hopes that the Fourth Industrial Revolution technologies is designed well and applied well can be of really high importance, because there is a lot of innovations required in terms of technologies, but also for govern ance, as oceans are changing we need updated information and knowledge It’s more important than ever that we base ocean policies on the best available knowledge and analysis and, as the oceans are changing faster, having that updated is more important and not least we will not be able to manage the oceans better unless we collaborate across borders and having data available, shared, and in a format that will enable Governments as well to communicate and act in concert, between neighbours regionally and globally That is going to be very important So, I see a, I certainly see that this is a centre that can be very important for business, provide solutions relevant for business and boosting sustainable ocean business, but I think it can also be important for improving ocean governance and ocean policy DOMINIC: Thank you so much For those who might be quite so familiar, perhaps just a small sketch of what the high level panel is about and how there might be some ability to help drive forward some of the recommendation s or thoughts that the Pam is coming up with through this – panel is coming up with through this centre >> The high level panel is convened by the Norwegian Prime Minister and what they seek to do, again based on knowledge, based on a group of really world-leading scientists doing a lot of research work right now, come up with a to do list for the ocean an action list, action item list on what the world needs to do to ensure that we can harvest the benefits of the ocean We need to produce more from the ocean if we are to achieve the SDGs, but that is why we need to take bet err care of it, because today the ocean might be nearing very critical tipping points that will be undermining life in the ocean, life on the planet and undermining business opportunities Yesterday we presented the first report from the panel and a call to action from the panel, pointing to the ocean as a solution to climate change We all know it’s a victim of climate change, but yesterday we put forward very good scientific paper quantifying how much ocean industries can contribute towards the 1.5 degree target and ocean industries in energy, shipping, sea food, carbon capture and storage and nature-based solutions can deliver up to 20% of what we need to achieve the 1.5 degree target That will again require scaling up and speeding up and new technologies will definitely be helpful in achieving just that DOMINIC: Thank you so much and thank you for your leadership and work as a special ebb VOIP for the Prime Minister of Norway on the high level panel It’s an extraordinary report and I would

commend you to read it and particularly with such an important year a head in June in 2020, there is a very important united nations United Nations meeting, the second global summit for the ocean in Lisbon with this high level panel will be producing important recommendation s for the ocean SDG, so thank you for that Now, Annie Brett, Dr Annie Brett, no pressure, but you are the face of the work from the research community, between oceans and new technologies, you are an Hoffman fellow for the Fourth Industrial Revolution and the Earth and you have been working in our San Francisco office for the Fourth Industrial Revolution that Mr Erikes negotiation referred to on challenges that the ocean faces and the need for Fourth Industrial Revolution innovation So without letting us down and saying it’s all very terribly difficult it would be fabulous if you could provide some thoughts for a non-technical audience from some of the research you have been involved with to inspire the brain cells to start thinking how this curious combination of oceans and technology mite link itself up together, any ANNIE: Thank you, Dominic I am a marine scientist and a lawyer and before that I was one of the youngest commercial vessel captains in the world So, in all of these different areas of the ocean I have worked in, our relationship with the ocean is fundamentally defined by really our lack of information about it So, xherpationly, as a sailor I was using charts that were based on surveys done in the early 1900s by Sextant and they have not been updated to this day, despite wild inbe a yais that remain Less than 20% of the ocean has even been observed by a human let alone researched and understood This is obviously a huge hurdle to our fundamentally ability to effectively manage ocean ecosystems So the Fourth Industrial Revolution really presents an opportunity to begin to change this relationship and fill these pervasive knowledge gaps And so, as an Hoffman fellow I work with Sandford and the San Francisco Centre for the Fourth Industrial Revolution to bring’ merging technologies to bear on these previously intractable problems So we have been focussed on a number of different issue areas from illegal fishing to marine management to questions about data more broadly And so, for instance in the illegal fishing space, illegal fishing is a huge economic problem with estimates that it cost the world about 23 billion dollars a year in losses annually, plus the associated human rights abuses and other associated crime issues So it’s a huge problem The ocean community has been unable to solve, because illegal fishing happens far away from where we can see it, but we are finding if we bring to bear a number of advance sensing technologies from satellites to drones to underwater robots to GPS and camera devices on vessels, to blockchain to trace fish throughout the supply chain When you bring the technologies together and couple them with advanced artificial intelligence analyticals we are able not only to understand ecosystems bet er but really for the first chin to identify illegal behaviour in the most distant regions of ocean that we could never see before So the potential for the Fourth Industrial Revolution technologies is enormous and in San Francisco we are working with Ocean Action to really elevate the work throughout the global policy dialogue It’s also not a silver bullet As we go forward we need appropriate governance solutions that support these innovative technologies, but also allow Governments to overcome the barriers to implementation and adoption of technologies and that mitigate the potential consequences which are real So centres like this Norway centre are really exciting because they are a critical part of the landscape of figuring out what the governance infrastructure looks like and how we can maximise the potential of the Fourth Industrial Revolution So, it’s a critical time for the oceans, in terms of ocean health It’s also a critical time for emerging technologies I don’t think have a better time you could be launching the centre and we look forward to working closely with the Norwegian centre to tackle the issues and ensure we have a sustainable ocean in the future DeBlasio DeBlasio thank you very much — DOMINIC: Thank you very much How old were you when you were the shipping captain? ANNIE: I was 22 Far too young DOMINIC: That gives you an introduction We have time for one or two questions if there is any from the audience Yes please and reminders who you are and then is your question You have ten seconds to

think more deeply about your question as the microphone approaches >> So, Catherine Cunningham with Eurovision and also Thrive Global I am so thrilled about this centre, it’s just a beautiful representation of what the WEF can do to convene public and private partners in a way that has a tanible impact on the natural world which I care so deeply about and obviously you do too So my question is, with the centre, you have this opportunity to use all of these different technologies to track behaviour and I am thinking of illegal fishing Do you have also resonance and enthusiasm from the fishing community and from these businesses to engage this convergence of technologies for sensing on the ships and essentially being a watchdog for illegal fishing operations Does the industry as a whole see this as a healthy move and how can you inspire then this tranz border sort of engagement, because it seem, if you have got this opportunity to track illegal fishing operations and inform those policy leaders about this, at the ports where these ships then stop, you have an opportunity for local leaders to say, issue fir has been fished illegally and we are not going to allow you to stop at these ports But that only works if you have this transboundary infrastructure in place I would welcome anyone in the panel to really address that How you sort of inspire the fishing community themselves to see it not just a watchdog but an opportunity for inspiring healthy oceans DOMINIC: I will check does anyone else have any questions Shall we take yours and package them together? >> Thank you I report for Copenhagen Post and other media outlets Congratulation s, it’s a massive initiative So it was said all life came from the oceans and as Mr Vidar Helgesen just said it might end and we are in deep trouble Since people’s behaviour is not changing, the only chance is when Governments and scientists are working together So, what are the most important action steps you are planning to do in the next couple of years and my question goes to our nautic lady, Annie Brett While you were diving down in the oceans or, so we will be learning about new species in the oceans with your work Thank you DOMINIC: Thank you very much So perhaps Mr Eriksen and special envoy Helgesen you can pick up on industry engagement and perhaps some of the policy recommendation s and Anna, – Annie you can close us out with the experiences of the dive ?YVIND: OYVIND:Let me kick off and answer your first question I am sure the answer is yes that the fishing industry will see the opportunity to engage and contribute It’s early days, we have not yet invited the industry in general to this dialogue, but I can answer the question more specifically on behalf of our own fishery business, a company archiving krill in the an Antarctic ocean and processing krill into different project, including Omega 3 That company has already committed to pay playing a leading role in projects and use cases applicable to the fishing industry VIDAR: I think the illegal fishing issue really is extremely good example of how technological innovation and good old traditional governance can play, can work in tandem On illegal fishing one of the most important international agreements in recent years is the ports date measures agreement, which is an agreement for port states to take action against the landing of illegal fishing Now, since a lot of that takes place in countries with fairly weak governance, you need monitoring and control where new technologies can be immensely important, global fishing watchdog being one example already You need enforcement where new technologies

can be immensely helpful You also need capacity building in these countries where new technologies can also be helpful, so for reinforcing what Governments have already done and are doing to try to get illegal fishing under control, this centre, I think can play a very important role in taking forward technological solutions that can underpin governance I, to the other part of the question, yes it’s early but I have no doubt that fishing communities around the world would definitely be interested in making use of the best available technologies My favourite is Fish Face, the facial recognition for fish, which is actually a great tool for sustainability in fisheries From your iPhone up to installations on bigger fishing vessels DOMINIC: Fantastic People watching this will be going back and looking for Fish Face, so well done for that call out Thank you, we will ask our President of the World Economic Forum to close us out with a final thank you, but Annie Brett, just briefly some impression, some of us have maybe not had the experience of the open ocean as a sea captain or a dive A reflection or a thought from you about the wonderful ecosystem we are trying to protect and sustainably utilise? ANNIE: Absolutely I think the most salient thing to say is just how vast the ocean is and how little we know about it I remember nights sailing when a strange creature would rise up above the surface glowing with bioluminesence and we would take pictures and send to researchers and no one would have seen it Discovering new species is common, any time you go on a deep dive you discover a new species, so there is a huge amount to be discovered and a lot of potential, but it means it’s critical we begin to fill the scientific gaps before we move forward with a lot of the extractive uses and other kinds of potential uses of the ocean that may impair those ecosystems DOMINIC: Thank you special enVOIP and thank you – special envoy and thank you, Oyvind Eriksen and Borge, perhaps you can have some follow up thoughts Elle BORGE:Just so following up on the discovery, there is so much to discover in our oceans and the new technologies give us the right tools to do so At the same time there are spaces that we maybe have not yet discovered, as you were alluding to, we had this panel on by Yeo diversity that was just presented, saying that, this year, we can then see that a million species can go extipth because of human behaviour – extinct A million species, if you lose one species, it’s not coming back, what kind of legacy to leave for coming generations In some of this business, also the future of medicine and new discover discovery s can be in this species So I think this is telling us about how important it is to know, also keep our oceans clean, to save our oceans, but also to underline, I think we can harvest more from the oceans in the future in the blue economy, because we need for food, there are more people, but it then has to be done in the strategic way, so we can harvest it sustainably and this is one of the things that I hope the centre can add knowledge into the whole blue economy So, for me, this started a year ago when this idea came up and what I also learned is if you want to get things done, sometimes you have to turn to the private sector, to their business models and their speed, because they are working very fast, so thank you to Oyvind and Aker for that and this is, of course I am not objective, but what I like about the World Economic Forum as an international organisation for public-private co-operation w can he move fast when we get the support from Governments and also from business and I am really proud that we

know – we now have assigned this centre and I think it’s going to add to the clust err of the – cluster of the four centres we are building Thank you and congratulation s DOMINIC: Thank you APPLAUSE End of session