Blue Economy Movement Gains Traction in Africa

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Indian Ocean. Photo courtesy: © Isabelle Duflo

Excerpts;

Ahead of the upcoming Sustainable Blue Economy Conference, that will be co-host by Kenya and Canada this November, economic experts are optimistic that the Blue Economy movement – which is about sustainable exploitation of oceans, seas, rivers and lakes – is gaining traction.

The World Bank and the United Nations Development Programme (UNDP) in their 2018 policy brief make a strong case in favour of the blue economy.

Nonetheless, environment experts, have expressed concerns that ongoing talks on the blue economy have largely revolved around full exploitation, in order for countries to develop rapidly in the next 10 years, and little on sustainability…

Read Full Article, IPS News (07-16-2018)

Innovative financing and regional dialogue are central for a thriving ‘blue economy;’ UNDP (05-28-2018)
The concept of ‘blue economy’ is gaining momentum. It is all about using ocean resources for economic growth, improved livelihoods and jobs, while preserving ocean and coastal ecosystem health. It includes economic activities, such as sustainable marine energy, sustainable fisheries, better management of ocean waste and ocean-related eco-tourism. The blue economy holds great potential for coastal communities around the world…

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