If you are a sustainability consultancy dealing with imprecise ecological impact reports — this project developed a portfolio of indicators of marine ecosystem health that provides standardized knowledge at a socio-ecosystem level.
Advanced Marine Biodiversity Mapping and Economic Valuation Tools for Ocean Health
Imagine taking a giant, high-definition snapshot of everything living in the ocean, from tiny viruses to huge whales. This effort uses ships and mobile labs to track how sea life changes from the coast to the deep ocean. It's like creating a detailed biological map that helps us understand how the ocean supports human life and the economy.
What needed solving
Companies and governments struggle to quantify the economic value of marine biodiversity and lack standardized indicators to measure ocean health. This leads to inaccurate environmental risk assessments and inefficient conservation spending.
What was built
A data hub of marine biological samples and a set of protocols for the economic and legal valuation of marine biodiversity.
Who needs this
Who can put this to work
If you are a risk assessment firm dealing with the difficulty of pricing natural assets — this project developed methods and protocols for economic and legal valuations of marine biodiversity and services.
If you are a biotech lab dealing with a lack of genomic data on marine organisms — this project developed a data hub integrating genomes and holobionts across 11 countries to identify biological resources.
Quick answers
What is the cost or price for using these tools?
Based on available project data, no pricing or cost information is provided; however, the project aims to create an open-access data hub.
Can this be scaled to an industrial level?
The project uses a large-scale infrastructure including research vessels and 35 marine labs across 21 coastal countries, suggesting high capacity for wide-area data collection.
What are the IP and licensing terms?
Based on available project data, the project focuses on an open-access data hub, but specific licensing for the valuation protocols is not detailed.
How does this integrate with existing data?
New data is harmonized with existing datasets into a B5D data hub leveraging international infrastructures.
What is the timeline for the results?
The project period runs from 2022-12-01 to 2027-04-30, with the TREC expedition occurring in 2023/24.
Who built it
The consortium is heavily weighted toward research and academia, with 18 research organizations and 11 universities. Industrial participation is very low at 3% (only 1 industry partner and 2 SMEs), indicating that the current output is primarily scientific and requires further translation for commercial use.
Contact the European Molecular Biology Laboratory (EMBL) in Germany.
Talk to the team behind this work.
Contact us to find a partner for implementing these marine valuation protocols in your business.