Canopy Blue and Sumitomo Corporation Announce Memorandum of Understanding to Advance Sustainable Marine Practices in Japan
A Commitment to Environmental Stewardship

Canopy Blue has engaged Trident Capital to commence a $10 million capital raising initiative. A portion of these funds will be directed to the collaboration with Sumitomo Corporation, underscoring Canopy Blue’s commitment to fostering a meaningful partnership. 

“This MOU represents a transformative opportunity for Canopy Blue and marks a significant step forward in our global efforts,” said Jon-paul Cox, CEO of Canopy Blue. “We are thrilled to partner with Sumitomo Corporation to explore the untapped potential of Japan’s marine environments. Together, we are setting new standards for innovation and sustainability in marine ecosystem management.”

This collaboration is expected to accelerate the development of the blue carbon market in Japan and contribute to global efforts in combating climate change through innovative marine restoration projects. By setting a precedent for international cooperation in blue carbon initiatives, this partnership highlights the critical role of sustainable marine practices in achieving broader environmental goals.

For further information, please contact:

Jon-paul Cox