Tuesday, May 21, 2024 On the world stage, the tiny country of Niue, continues to get augmented when it comes to safeguarding the ocean. The finance of Niue is revolving around the Ocean, starting right from a vital food source for the residents to tourism churned out income it required for sustainable actions to guard it for the upcoming generations and has done exactly that, with the world taking notice. This week, Niue’s Ocean Conservation Commitments concept, has grabbed the ‘Nature’ category of the Fast Company’s 2024 World Changing Ideas Awards.
It has also grabbed an honorable mention in the ‘Water’ category World Changing Ideas Awards 2024 displays the names of 50 winners, 127 finalists, and 172 honorable mentions. A panel of Fast Company editors and reporters shortlisted winners from a huge number of entries of around 1,300 across social justice, climate, politics, wellness, technology, corporate social responsibility, and many more. The 2024 awards highlight entries from countries all over the world.
OCCs is a ground-breaking financing method that helps finance the protection of 1 square kilometers of the ocean waters of Niue wit the help of sponsorship for almost 20 years. The OCC’s is managed by the Niue Ocean Wide (NOW) trust which is the first public-private partnership of Niue between the Government and Tofia Niue, a local non-profit organization..
