Ocean Tech: Savers

Vanessa Cook

December 2024

Dwindling oceanic health due to anthropogenic activities poses challenges, including rising sea levels, ocean acidification, loss of biodiversity and pollution. But what technologies can help us address these threats in order to continue exploring all the ocean has to offer and harnessing the resources it possesses?
Bank of America Institute's three-part 'Ocean Tech' series explores ocean technologies through three lenses: Transformers, Explorers, and Savers – all focused on entry points that interrelate with the ocean.
In this final installment, we discuss 'Savers,' the ideas and technologies that can help restore ocean health, including aquaculture, carbon removal, and ocean waste clean-up.

Read our full analysis for a more in-depth look at these trends.

See all insights

Ocean Tech: Savers

Ocean Tech: Explorers

Ocean Tech: Transformers

Wage and spending growth in the West outpaced other regions this year, but decreasing rental affordability is a growing issue.

A rise in the spending growth of higher-income households may partially reflect the momentum and outlook of younger generations.

In the second part of our series, we deep dive into technologies that allow us to understand the ocean.