The Nordic Ocean Opportunity

The NOOP is a Nordic initiative to help close the funding gap in the Nordic Ocean Economy and channel more private capital into Nordic ocean solutions by researching, highlighting and promoting the Nordic Ocean Investment Opportunity. ‍ The NOOP project is divided into three stages. In this initial first phase, the project will focus on the Ocean Economy in Scandinavia—specifically Norway, Sweden, and Denmark. In the next stage of the project, we will broaden our scope to include Finland and Iceland, further expanding our exploration of the Nordic Ocean Economy. ‍ This project will thoroughly examine this dynamic sector, assessing its potential, highlighting its strengths, and identifying key investment opportunities. We will also place a strong emphasis on uncovering potential funding gaps and addressing critical investment barriers, ultimately developing actionable recommendations to enhance private investment in the Nordic Ocean Economy. ‍ The project will culminate with the release of a comprehensive report, which will be distributed and promoted in the fall of 2024. ‍ The project's main goal is to mobilize more private capital to the Nordic Ocean Economy and Nordic ocean solutions. We aim to achieve this by: ‍ Building the investment case: Researching the Nordic Ocean Economy to analyze current and required funding levels, growth potential, and specific investment opportunities within the region. Showcasing Nordic strengths: Highlighting the region's leading ocean sectors, innovations, and companies to demonstrate the unique value and potential of Nordic ocean solutions. Identifying main barriers: Identifying and addressing the investment barriers that currently hinder capital flows into the Nordic Ocean Economy. Developing actionable recommendations: Creating a roadmap with concrete steps for stakeholders to increase private investment in the Nordic Ocean Economy. Collaborating: Attracting and engaging more investors in the Nordic Ocean Economy while fostering collaboration within the Nordic ecosystem to support this emerging sector.