The regions existing oceanrelated economy is quite substantial. The blue economy be is an increasingly popular concept as a strategy for safeguarding the worlds oceans and water resources. In developing the national blue economy roadmap, the governments overarching goals are. Oecd ilibrary greening the blue economy in pomorskie, poland. For some, blue economy means the use of the sea and its resources for sustainable economic development. Financial resources into and out of africa in reference to foreign direct investment fdi, international assistance, and remittances 2010 4 figure 2.
They are the foundation for this proposed blue economy protocol and would be treated as an integral part of the document. The blue economy goes beyond the globalized and the green economy. Theblueeconomy10years pdf download the blue economy. World bank group 2017 the potential of the blue economy, available online at.
The center for the blue economy cbe is a research center managed by the middlebury institute of international studies miis in monterey, california. Special attention is devoted to the emerging oceanbased industries. For others, it simply refers to any economic activity in the maritim during the past few years, the term blue economy or blue growth has surged into common policy usage, all over the world. Africas blue word is made of vast lakes and rivers and an extensive ocean resource base. All economic activities related to oceans, seas and coasts. According to the world bank group, the blue economy concept seeks to promote economic growth, social inclusion, and preservation or improvement of livelihoods while at the same time ensuring environmental sustainability. The scope of blue economy blue growth can vary depending on the sectors considered. Blue economy covers a wide range of interlinked established and emerging sectors. This report explores the growth prospects for the ocean economy, its capacity for future employment creation and innovation, and its role in addressing global challenges. The report includes a chapter on regional analysis, which provides an overview of the main socioeconomic features of all eu sea basins and some. Blue economy can be a lifeline for africa africa renewal. These solutions offer winwin outcomes as they dramatically improve the financial, environmental and social outcomes of enterprises.
Other documents that can also be downloaded include infographics for every year of publication and a detailed description of the methodology used. The new blue economy is an attempt to create a unified, global definition of economic industries and activities that relate to the ocean in order to generate comprehensive and progressive economic health without violating the other goals of sustainable development. The blue economy united nations environment programme. A related term is blue growth, which means support to the growth of the maritime sector in a sustainable way. A policy handbook printed in addis ababa, ethiopia by the eca printing and publishing unit. The blue economy breaks the mould of the business as usual brown development model where the oceans have been perceived as a means of free resource extraction and waste dumping. Alongside the green economy, it represents a basis for rational and sustainable use of. The blue economy and the united nations sustainable. Paulis idea of the blue economy is a zero waste society by using all. The full report describes what we know about the current blue economy in the arctic that is, the economic resources, issues and trends associated with the arctic ocean.
The concept of blue economy in our country can be developed in emerging sectors such as shipping and port facilities, seaborne trade, fisheries, coastal tourism, aquaculture, renewable blue energy, submarine mining, renewable energy wind, wave, tidal etc. Jun 09, 2015 11 the economist intelligence unit limited 2015 the blue economy. The marriage of science, innovation and entrepreneurship creates a new business model that transforms society. Time has come to shift towards a competitive business model that responds to the basic needs of all with what is locally available. Economic sectors using oceans and inland waters include fisheries, aquaculture, tourism, shipping, biotechnologies, maritime security, mining, oil and gas, renewable energy. Download fulltext pdf download fulltext pdf the blue economy. The blue economy united nations economic commission for. It may emerge when economic activity is in balance with the long term capacity of ocean ecosystems to support the activity in a sustainable manner. Roadmap for the development of a sustainable blue economy. The blue economy the concept of the blue economy integrates a new approach to the economic exploitation of the resources of our oceans, lakes, rivers and other bodies of water. Journal of the national maritime foundation of india, doi. Growth, opportunity and a sustainable ocean economy the blue economy.
Gunter pauli the blue economy wind power sustainability. May 28, 2015 for some, blue economy means the use of the sea and its resources for sustainable economic development. Growth, opportunity and a sustainable ocean economy the concept of the blue economy will be essential, but equally important is a robust framework for governance, institutions, investment and business innovation that will underpin a bluer economy. The blue economy a framework for sustainable development the blue economy is a developing world initiative pioneered by sids but relevant to all coastal states and countries with an interest in waters beyond national jurisdiction.
The attitude of achieving longterm prosperity by a country or a region befitting the wellbeing of all citizens and the mankind preserving the. Individual blue economy planning processes will involve the development of context specific objectives, but at a broad level, we identified five overarching objective categories of relevance. The sustainable blue economy finance principles wwf. Asia conference on oceans, food security and blue growth 1821 june 20, bali, indonesia, the first blue economy summit 1920 january, abu dhabi, united arab emirates, the global oceans action summit for food security and blue growth 2225 april. Economic diversification to reduce vulnerability from reliance on a small number of existing sectors and to increase the %gdp derived from marine sectors. Blue economy10 years, 100 innovations, 100 million jobs. The economic effects of outer continental shelf oil and. According to oecd projections1, by 2030, the blue economy defined as all economic sectors which have a direct or indirect link to the ocean could outperform the growth. Blue economy is a collection of solutions that have the power to reinvent communities and cities. The blue economy united nations economic commission for africa.
Gunter paulis statement 10 years, 100 innovations, 100 million jobs is not an appeal to the governments, but to each of us. Cases are emerging in coastal, estuarine and marine habitats that link social, economic and. Greening the blue economy in pomorskie, poland as coastal area on the baltic sea in northcentral poland, pomorskie faces unique challenges and opportunities associated with the transition to a green economy, a diversified economy, growing population and significant natural resources. Sustainable blue economy finance principles are designed to support the sustainable development goals sdgs related to the management of the ocean, in particular goal 14 conserve and sustainably use the oceans, seas and marine resources for sustainable development. The blue economy is starting to get a lot of attention now because land issues are becoming more pressing. The eu blue economy report analyses the scope and size of the blue economy in the european union, solidifying a baseline to support policymakers and stakeholders in the quest for a sustainable development of oceans, sea and coastal resources. An important challenge of the blue economy is thus to understand and better manage the many aspects of oceanic. His methodology and strategy for designing business models based upon his blue econo. The blue economy has diverse components, including established traditional ocean industries such as fisheries, tourism, and maritime transport, but also new and emerging activities, such as offshore renewable energy, aquaculture, seabed extractive activities, and.
Growth, opportunity and a sustainable ocean economy. A policy handbook v figures, table, boxes and case studies figures figure 1. As a setting for global trade and commerce, and as a significant source of food and energy, the oceans contribution is already important. Sep 16, 2015 what is blue economy and indias agenda in this article it is explained in brief and also important suggested readings are linked to various sources that will help you form a over all idea. Home principles map the book innovations videos contact us cases 1 to 100.
The eu blue economy report analyses the scope and size of the blue economy in the european union, solidifying a baseline to support policymakers and stakeholders in the quest for a sustainable. Skip to main content we use cookies to analyse how visitors use our website and to help us provide the best possible experience for users. The book expresses the ultimate aim that a blue economy business model will shift society from scarcity to abundance with what is locally available, by tackling issues that cause environmental and related problems in new ways. In 2012, there were 249,000 oceanrelated jobs in virginia, north carolina, south carolina, and georgia.
We will actively seek to develop knowledge and data on the potential risks and impacts associated with our investments, as well as encouraging sustainable investment opportunities in the blue economy. On gunter paulis strategic business model of the blue economy. Therefore, blue economy is a part of green economy. The purpose of the principles during the past few years, the term blue economy or blue growth has surged into common policy usage, all over the world. The blue economy began as a project to find 100 of the best natureinspired technologies that could affect the economies of the world, while sustainably providing basic human needs potable water, food, jobs, and habitable shelter. The book highlights potential benefits in connecting and combining seemingly disparate environmental problems with. Seychelles blue economy strategic framework and roadmap was approved by the government of seychelles on 31st january 2018 and is an integrated approach to oceanbased sustainable development which brings together economy, environment and society, consistent with the sustainable development agenda 2030 sdgs, aichi target 11 of the. This total is larger than the number of oil and gas jobs estimated by quest for 2035. The transition from a conventional resource economy in the ocean to a blue economy is a tremendous economic and investment opportunity, if it can be done right. Gunter pauli the blue economy free ebook download as pdf file.
Download briefing document about state of the blue economy and investing in the blue economy pdf. The marriage of science, innovation and entrepreneurship creates a new business model that transforms society pauli, gunter on. Developing the protocol the development of the sustainable blue economy protocol should follow the. It explores how the principles of a blue economy apply to the unique circumstances. Innovations for a new level of competition article pdf available january 2012 with 1,292 reads. Blue economy development framework growing the blue economy to combat poverty and accelerate prosperity the world counts numerous coastal and island countries with lower and lowermiddle income levels, for whom oceans represent a significant. Blue economy development framework growing the blue economy to combat poverty and accelerate prosperity the world counts numerous coastal and island countries with lower and lowermiddle income levels, for whom oceans represent a significant jurisdictional area and a source of opportunity. The blue economy defined as the economic benefit and value we realize from the earths oceans and coastlines is expanding rapidly. Alongside the green economy, it represents a basis for rational and sustainable use of natural resources, both renewable and nonrenewable. Abstract this report was drafted by a working group of united nations entities, the world bank, and other stakeholders to suggest a common understanding of the blue economy. Blue economy sharing success stories to inspire change blue economy initiatives and applications are emerging around the world and are proving to be diverse, dynamic and wideranging. The blue economy has diverse components, including established traditional ocean indus tries such as fisheries, tourism, and maritime transport, but also new and emerging activi ties, such as offshore renewable energy, aquaculture, seabed extractive activities, and marine. The blue economy is regarded as the decoupling of socioeconomic activities and development from environmental degradation and optimizing the benefits which may be derived from marine resources.
The blue economy has diverse components, including established traditional ocean industries such as fisheries, tourism, and maritime transport, but also new and emerging activities, such as offshore renewable energy, aquaculture, seabed extractive activities, and marine. Importance of blue economy for bangladesh gunter pauli. Published reports and infographics dg mare blue economy. The eu blue economy report 2019 publications office of. The blue economy will incorporate ocean values and services into economic modelling and decisionmaking processes. Creation of high value jobs while unemployment levels in seychelles are not high, the creation of higher value jobs is seen as a priority.
The blue economy began as a project to find one hundred of the best natureinspired technologies that could effect the economies of the world, while sustainably providing basic human needs potable water, food, jobs and healthful shelter. Fisheries and aquaculture in the context of blue economy. Sids have always been highly dependent upon the seas for their wellbeing but the blue. See annex 1 for the complete text of the principles for a sustainable blue economy.
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