Regenerative
Blue Economy
Challenge

Competition Seeking
Innovative Ocean Solutions

Uplink x Ministry of Economy & Planning
x Wave Collaboration

Regenerative
Blue Economy
Challenge

Competition Seeking
Innovative Ocean Solutions

Uplink x Ministry of Economy & Planning
x Wave Collaboration

Making a wave for a
thriving ocean by 2050

WAVE is a collective action platform
striving towards the ambitious, yet
essential and attainable, goal of:

Ocean Regeneration within
a Human Generation

Regenerative
Blue Economy
Challenge

Regenerative
Blue Economy
Challenge

Regenerative
Blue Economy
Challenge

WAVE is the latest collective
action platform, led by HRH
Princess Reema Bandar Al-Saud,
and is powered by the Future
Investment Initiative (FII)
Institute, and in partnership with
the Ministry of Energy.

The Future Investment Initiative (FII)
Institute is a global nonprofit foundation
driven by data with an investment arm and
one agenda: Impact on Humanity. Global
and inclusive, FII fosters great minds from
around the world and turn ideas into real-
world solutions in four critical areas:
Artificial Intelligence (AI) & Robotics,
Education, Healthcare and Sustainability.

WAVE is the latest collective
action platform, led by HRH
Princess Reema Bandar Al-Saud,
and is powered by the Future
Investment Initiative (FII)
Institute, and in partnership with
the Ministry of Energy.

The Future Investment Initiative (FII)
Institute is a global nonprofit foundation
driven by data with an investment arm and
one agenda: Impact on Humanity. Global
and inclusive, FII fosters great minds from
around the world and turn ideas into real-
world solutions in four critical areas:
Artificial Intelligence (AI) & Robotics,
Education, Healthcare and Sustainability.

“To chart a course towards a thriving ocean –
which is vital to our interconnected wellbeing
– we will propagate ripples of change and
unite them as one regenerative WAVE.”

HRH Princess Reema Bandar Al-Saud

Founder, WAVE
Member of the Board of Trustees, FII Institute

“Our oceans, the heartbeats of our planet, are
gasping under unparalleled threats. As a scuba
diver I can tell that every moment we delay, a
piece of our marine soul withers. Yet, in these
dire times lies a chance – not just to shield
the intricate dance of marine life, but to
embrace the vast promise of a harmonious
blue economy. It’s more than an obligation;
it’s our legacy for the children of tomorrow.”

Richard Attias

CEO, Future Investment Initiative Institute

“To chart a course
towards a thriving ocean
— which is vital to our
interconnected wellbeing
— we will propagate
ripples of change and
unite them as one
regenerative WAVE.”

HRH Princess Reema Bandar Al-Saud
Founder, WAVE
Member of the Board of Trustees, FII Institute

“Our oceans, the
heartbeats of our planet,
are gasping under
unparalleled threats. As a
scuba diver I can tell that
every moment we delay, a
piece of our marine soul
withers. Yet, in these dire
times lies a chance – not
just to shield the intricate
dance of marine life, but
to embrace the vast
promise of a harmonious
blue economy. It’s more
than an obligation; it’s our
legacy for the children of
tomorrow.”

Richard Attias
CEO, Future Investment Initiative Institute

Our Why

The ocean is vital to the health of our planet, the global
economy, and our collective health. Yet, in recent times,
the ocean has been subjected to increasingly severe
alterations, from rising temperatures and sea levels to
acidification and loss of oxygen. These are taking a toll
on the ocean’s delicate ecosystems and negatively
impacting the rich tapestry of biodiversity it harbors.


These changes have far-reaching consequences on
systems we rely on for our way of life, affecting food
supply, increasing

flood frequency and severity and threatening to displace
hundreds of millions of people from their homes.


Without prompt and concerted action we face mounting
risks that will reverberate throughout our societies and
economies. 


It is imperative to unlock collaboration at scale to
regenerate the richness of the ocean for a healthy future
for us all.

Our Why

The ocean is vital to the health of our planet, the global economy, and our collective health. Yet, in recent times, the ocean has been subjected to increasingly severe alterations, from rising temperatures and sea levels to acidification and loss of oxygen. These are taking a toll on the ocean’s delicate ecosystems and negatively impacting the rich tapestry of biodiversity it harbors.

These changes have far-reaching consequences on systems we rely on for our way of life, affecting food supply, increasing flood frequency and severity and threatening to displace hundreds of millions of people from their homes.

Without prompt and concerted action we face mounting risks that will reverberate throughout our societies and economies. 

It is imperative to unlock collaboration at scale to regenerate the richness of the ocean for a healthy future for us all.

Our Why

The ocean is vital to the health of our
planet, the global economy, and our
collective health. Yet, in recent times, the
ocean has been subjected to increasingly
severe alterations, from rising
temperatures and sea levels through to
acidification and loss of oxygen. These
are taking a toll on the ocean’s delicate
ecosystems and negatively impacting the
rich tapestry of biodiversity it harbors.

These changes have far-reaching
consequences on systems we rely on for
our way of life, affecting food supply,
increasing flood frequency and severity,
and threatening to displace hundreds of
millions of people from their homes.
Without prompt and concerted action, we
face mounting risks that will reverberate
throughout our societies and economies.
It is imperative to unlock collaboration
at scale to regenerate the richness of
the ocean for a healthy future for us all.

+ 0.1 °c

Rise in Temperatures
since 1900

Open ocean diversity
declined by

11 %
1 -

since 1970

1 cm
+ 0 -

Rise in Global Mean
Sea Level since 1900

Predatory fish biomass
is about

1/ 0

of 1920 levels

+ 0.1 °c

Rise in Temperatures
since 1900

Open ocean diversity
declined by

11 %
1 -

since 1970

+ 0 -
1 cm

Rise in Global Mean
Sea Level since 1900

Predatory fish biomass
is about

1/ 0

of 1920 levels

+ 0.1 °c

Rise in Temperatures
since 1900

+ 0 -
1 cm

Rise in Global Mean
Sea Level since 1900

Open ocean diversity
declined by

1
- 11 %

since 1970

Predatory fish biomass
is about

1/ 0

of 1920 levels

Our Vision

A thriving ocean by 2050, celebrated by all.

Our Mission

To accelerate regenerative ocean
action globally by harnessing ocean
insights, sparking global awareness
and engagement, catalyzing bluetech
innovation and advancing ocean-centric
thought leadership.

Our Priorities

• The reduction of ocean pollution.
• The restoration of marine and coastal
   ecosystems.
• The sustainable management of ocean
   resources.
• The advancement of ocean-based climate
   solutions.
• The resilience of coastal communities.

Our Stakeholders

Everyone is welcome to join, everyone can
contribute and benefit from making a wave.

Our stakeholders are diverse and include
individuals, organizations, community
groups, institutions and corporations
across all industries and sectors.

Our Vision

A thriving ocean by 2050,
celebrated by all.

Our Mission

To accelerate regenerative ocean action globally by harnessing ocean insights, sparking global awareness and engagement, catalyzing bluetech innovation and advancing ocean-centric thought leadership.

Our Priorities

• The reduction of ocean pollution.
• The restoration of marine and
  coastal ecosystems.
• The sustainable management of
  ocean resources.
• The advancement of ocean-based
  climate solutions.
• The resilience of coastal
  communities.

Our Stakeholders

Everyone is welcome to join,
everyone can contribute and benefit
from making a wave.

Our stakeholders are diverse and
include individuals, organizations,
community groups, institutions and
corporations across all industries
and sectors.

Our Guiding Values

We believe in…

Interconnected Wellbeing

…inspiring and mobilizing our youth, communities, and
organizations to be contributors to and benefit from ocean
regeneration.

Radical Collaboration

…connecting stakeholders and crafting partnerships across
industries, sectors and boundaries to amplify and accelerate
regenerative ocean action.

Actionable Hope

…Fuelling hope as the wind that propels ripples of action and channels them into a wave of lasting change.

Inclusive Outcomes

…all actions, by individuals, organizations and governments are
equally important to create systemic, cumulative, sustainable
change.

Mindful Navigation

…being guided by science and data and continuous transparent
reporting on our collective progress to innovate, learn and share
knowledge.

Joy and Growth

…the journey is as important as the destination, and every
stakeholder and inhabitant of our blue planet deserves to be
celebrated.

Our Guiding Values

We believe in…

Interconnected Wellbeing

…inspiring and mobilizing our youth, communities, and organizations to be contributors to and benefit from ocean regeneration.

Radical Collaboration

…connecting stakeholders and crafting partnerships across industries, sectors and boundaries to amplify and accelerate regenerative ocean action.

Actionable Hope

…Fuelling hope as the wind that propels ripples of action and channels them into a wave of lasting change.

Inclusive Outcomes

…all actions, by individuals, organizations and governments are equally important to create systemic, cumulative, sustainable change.

Mindful Navigation

…being guided by science and data and continuous transparent reporting on our collective progress to innovate, learn and share knowledge.

Joy and Growth

…the journey is as important as the destination, and every stakeholder and inhabitant of our blue planet deserves to be celebrated.

Our Guiding Values

We believe in…

Interconnected Wellbeing

…inspiring and mobilizing our youth,
communities, and organizations to be
contributors to and benefit from ocean
regeneration.

Radical Collaboration

…connecting stakeholders and crafting
partnerships across industries, sectors
and boundaries to amplify and accelerate regenerative ocean action.

Actionable Hope

…Fuelling hope as the wind that propels ripples of action and channels them into a wave of lasting change.

Inclusive Outcomes

…all actions, by individuals, organizations
and governments are equally important to create systemic, cumulative, sustainable change.

Mindful Navigation

…being guided by science and data and
continuous transparent reporting on our
collective progress to innovate, learn and share knowledge.

Joy and Growth

…the journey is as important as the
destination, and every stakeholder and
inhabitant of our blue planet deserves
to be celebrated.

Our Leadership

Rym Baouendi

Managing Director

Reem Khouri

Strategy & Impact Lead

Sian Tichar

Engagement Lead

Salma Baghdadi

Innovation Lead

Guided by the expertise of a scientific and
engagement council including

HRH Prince Sultan bin Fahd bin Salman Al Saud

Chief Activator

Chairman of the Saudi Water Sports and Diving Federation
from 2020, Prince Sultan is passionate about contributing
to the future of Saudi Arabian growth in the Red Sea and
Arabian Gulf. HRH is a Kauffman Fellow, through which he
contributes to the VC space, as well as being Chairman
of his family office, Eirad Holding Group. Since 2021 he
has also been a Board Member of the Saudi Olympic and
Paralympic Committee.

Professor Carlos Duarte

Chief Scientist

Carlos Duarte is a global leader in multiple branches of
biological oceanography and marine ecology including as
the world-wide leading authority on the ecology of
seagrass meadows. Celebrated as the most versatile
aquatic ecologist of his generation: he works from the
tropics to polar ecosystems, from macrophytes to
microbes, from coastal systems to open ocean gyres.

Alexandra Cousteau

Chief Navigator

Alexandra Cousteau, granddaughter of Jacques-Yves
Cousteau, is an award-winning advocate for ocean
restoration and abundance. As a leading figure in ocean
activism, Cousteau collaborates with world leaders
across sectors to influence, convene and mobilize
action to achieve measurable outcomes that will make
the oceans more biodiverse and abundant.

Ralph Chami

Chief Economist

Ralph Chami is a financial economist and cofounder of Blue Green Future and Rebalance Earth. He retired from the International Monetary Fund after 25 years, where he most recently worked as an assistant director. He’s developed a novel way to tackle both climate change and biodiversity loss: namely, to reposition species such as whales and elephants as crucial allies in the quest to sequester carbon, secure climate-resilient ecosystems and generate income for local communities. Chami himself experienced the majesty of whales firsthand in the Sea of Cortez in 2017.

Our Leadership

Rym Baouendi

Managing Director

Reem Khouri

Strategy & Impact Lead

Sian Tichar

Engagement Lead

Salma Baghdadi

Innovation Lead

Guided by the expertise of a scientific and
engagement council including

HRH Prince Sultan bin Fahd bin Salman Al Saud

Chief Activator

Chairman of the Saudi Water Sports and Diving Federation from 2020, Prince Sultan is passionate about contributing to the future of Saudi Arabian growth in the Red Sea and Arabian Gulf. HRH is a Kauffman Fellow, through which he contributes to the VC space, as well as being Chairman of his family office, Eirad Holding Group. Since 2021 he has also been a Board Member of the Saudi Olympic and Paralympic Committee.

Professor Carlos Duarte

Chief Scientist

Carlos Duarte is a global leader in multiple branches of biological oceanography and marine ecology including as the world-wide leading authority on the ecology of seagrass meadows. Celebrated as the most versatile aquatic ecologist of his generation: he works from the tropics to polar ecosystems, from macrophytes to microbes, from coastal systems to open ocean gyres.

Alexandra Cousteau

Chief Navigator

Alexandra Cousteau, granddaughter of Jacques-Yves Cousteau, is an award-winning advocate for ocean restoration and abundance. As a leading figure in ocean activism, Cousteau collaborates with world leaders across sectors to influence, convene and mobilize action to achieve measurable outcomes that will make the oceans more biodiverse and abundant.

Ralph Chami

Chief Economist

Ralph Chami is a financial economist and cofounder of Blue Green Future and Rebalance Earth. He retired from the International Monetary Fund after 25 years, where he most recently worked as an assistant director. He’s developed a novel way to tackle both climate change and biodiversity loss: namely, to reposition species such as whales and elephants as crucial allies in the quest to sequester carbon, secure climate-resilient ecosystems and generate income for local communities. Chami himself experienced the majesty of whales firsthand in the Sea of Cortez in 2017.

Our Leadership

Rym Baouendi

Managing Director

Reem Khouri

Strategy & Impact Lead

Sian Tichar

Engagement Lead

Salma Baghdadi

Innovation Lead

Guided by the expertise of a scientific and engagement council including

HRH Prince Sultan bin Fahd bin Salman Al Saud

Chief Activator

Chairman of the Saudi Water Sports and
Diving Federation from 2020, Prince
Sultan is passionate about contributing to
the future of Saudi Arabian growth in the
Red Sea and Arabian Gulf. HRH is a
Kauffman Fellow, through which he
contributes to the VC space, as well as
being Chairman of his family office, Eirad
Holding Group. Since 2021 he has also
been a Board Member of the Saudi
Olympic and Paralympic Committee.

Professor Carlos Duarte

Chief Scientist

Carlos Duarte is a global leader in multiple
branches of biological oceanography and
marine ecology including as the world-
wide leading authority on the ecology of
seagrass meadows. Celebrated as the
most versatile aquatic ecologist of his
generation: he works from the tropics to
polar ecosystems, from macrophytes to
microbes, from coastal systems to open
ocean gyres.

Alexandra Cousteau

Chief Navigator

Alexandra Cousteau, granddaughter of
Jacques-Yves Cousteau, is an award-
winning advocate for ocean restoration
and abundance. As a leading figure in
ocean activism, Cousteau collaborates
with world leaders across sectors to
influence, convene and mobilize action to
achieve measurable outcomes that will
make the oceans more biodiverse and
abundant.

Ralph Chami

Chief Economist

Ralph Chami is a financial economist and cofounder of Blue Green Future and Rebalance Earth. He retired from the International Monetary Fund after 25 years, where he most recently worked as an assistant director. He’s developed a novel way to tackle both climate change and biodiversity loss: namely, to reposition species such as whales and elephants as crucial allies in the quest to sequester carbon, secure climate-resilient ecosystems and generate income for local communities. Chami himself experienced the majesty of whales firsthand in the Sea of Cortez in 2017.

Making a WAVE

WAVE is a collective action platform, operating as a navigator for
the interconnected wellbeing of the blue planet. 

It activates unique and diverse partnerships and provides access
to resources to enable all stakeholders to unlock opportunities
and pathways to action that collectively lead to:

• Generating actionable ocean insights
• Sparking global awareness and engagement
• Catalyzing blue innovation
• Advancing thought leadership

Making a WAVE

WAVE is a collective action platform, operating as a navigator for the interconnected wellbeing of the blue planet. 

It activates unique and diverse partnerships and provides access to resources to enable all stakeholders to unlock opportunities and pathways to action that collectively lead to:

  • Generating actionable ocean insights
  • Sparking global awareness and engagement
  • Catalyzing blue innovation
  • Advancing thought leadership

Making a WAVE

WAVE is a collective action platform,
operating as a navigator for the
interconnected wellbeing of the
blue planet. 

It activates unique and diverse
partnerships and provides access to
resources to enable all stakeholders to
unlock opportunities and pathways to
action that collectively lead to:

 • Generating actionable ocean insights
 • Sparking global awareness
  and engagement
 • Catalyzing blue innovation
 • Advancing thought leadership

Edit Content

Insights

Ocean regeneration must be guided by
science and evidence. WAVE aims to
play an active role in aggregating,
advancing and disseminating ocean
data, as well as unifying progress
measurement and tracking.

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WHAT

Ocean Central

A “mission control” for ocean
regeneration aggregating data
from multiple open sources,
featuring advanced analytics
and forecasting, and operating
a unified progress tracking tool.

Edit Content

WHAT

Ocean Frontiers

Data challenges, biotech
hackathons, XR and gaming jams
and more, to source innovative
methods for ocean data
collection and to advance
analytics, enhance predictions,
and generate actionable insights
for diverse audiences.

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WHAT

Ocean Explorers

Participatory citizen science
programs to expand and diversify
data collection including
environmental DNA sampling for
species identification, coral
reef monitoring, pollution
characterization in water bodies,
and much more.

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Engagement

Ocean regeneration is a collective
action challenge requiring broad and
sustained engagement. WAVE aims to
spark global awareness and drive
collective regenerative ocean action
at global scale.

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WHAT

Blue Armada Campaigns

Global campaigns engaging a
“Blue Armada” of stakeholders to
address specific ocean challenges
over a focused week of collective
action. The first Blue Armada
Week will tackle ocean pollution
through a circular approach.

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WHAT

WAVE Making Toolkits

Collective action toolkits in
multiple languages to activate
schools, universities, youth
groups, NGOs, community-based
organizations, and businesses
providing them with concrete
pathways to contribute to ocean
regeneration.

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WHAT

Make a WAVE

Year-long content curation
and targeted campaigning to raise
awareness about the ocean and
interconnected wellbeing,
advance ocean literacy, amplify
pathways for action, and inspire
behavioral change.

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Innovation

Accelerating ocean regeneration
requires rapid deployment and
adoption of impactful ocean
solutions. WAVE aims to catalyze
ocean innovation globally by
shaping an enabling, inclusive
and connected blue tech ecosystem.

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WAVE x WAVE x MEP

Regenerative Blue Economy Challenge

We’re seeking innovative solutions that
can unlock the full potential of the
blue economy while restoring ocean health.

FIND OUT MORE

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WHAT

Ocean Innovation Hub

Collaborations with universities,
research organizations,
innovation hubs (incubators,
accelerators, etc) and open
innovation programs to grow the
ocean solutions pipeline, foster
corporate support, and
strengthen the broader
ecosystem of ocean innovation.

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WHAT

Ocean Innovation Catalyst

A curated network of support for
startup founders and
entrepreneurs in the blue
innovation space providing access
to data, mentorship, subject-
matter expertise, testing
“sandboxes”, talent, markets,
and funding.

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Thought Leadership

The next frontiers in ocean regeneration
might emerge from a conversation.
WAVE aims to convene thought leaders across geographies, disciplines and industries, fostering idea exchange and indepth exploration.

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WHAT

Ocean on Stage

Convenings of thought leaders,
experts, innovators, policy
makers, educators and
community organizers to share
knowledge and experiences,
contribute to the discourse, and
shape the future of global
regenerative ocean action.

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WHAT

WAVE Deep Dives

Frameworks, policy
recommendations and white
papers on ocean regeneration,
developed in partnership with
specialized institutions based
on shared learning, progress
and impact.

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Resources

Shortening the path to action is key to
driving ocean regeneration forward.
WAVE aims to connect stakeholders
with resources that foster learning,
volunteering, mentorship, etc and
that inspire behavioral change.

Edit Content

WHAT

WAVE Connect

A digital platform consolidating
resources and opportunities for
those wishing to engage in ocean
regeneration. Features include an
event calendar, a learning hub,
volunteer listings, toolkits, ocean-
friendly products, etc.

Anchor Partners

Strategic Partners

Initiative Partners

Program Partners

Anchor Partners

Strategic Partners

Initiative Partners

Program Partners

Water you waiting for?

Water you
waiting for?

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