About this Discussion

Oceans cover three-quarters of the globe, and a staggering 80% of all life on Earth is found hidden beneath their waves. They also represent an enormous economic opportunity, which is why the “blue economy” is driven by a combination of growing ocean-based industries and jobs as well as concerns about growing pressures on dwindling marine resources and response to climate change.

While traditional maritime industries such shipping, ports, offshore oil and gas, capture fisheries, maritime and coastal tourism continue to innovate, emerging ocean industries are gaining traction. These industries include offshore wind, tidal and wave energy, seabed mining, marine aquaculture and biotechnology. 

However, the predicted growth of the blue economy must not come at the expense of marine ecosystems and biodiversity. As such, a dramatic shift is necessary in how the world develops the ocean’s potentials so as not to compromise the marine resource base on which they rely. A healthy ocean will have more than just economic benefits. It will improve health and well-being, and enhance the resilience of the planet to support a long-term future.

Upcoming Events

Blue Economy

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Created a Post in Blue Economy

Worth taking a look at this excellent video by IISD expert Alice Tipping where she explains a new draft WTO Agreement to curb harmful fisheries subsidies. The agreement will be considered by governments in June this year at the WTO's 12th Ministerial Conference.

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https://www.youtube.com/watch?v=J9kmrjqsOkA

Created a Post in Blue Economy

Special Event for Local and Regional Governments at the 2022 UN Ocean Conference (25 June 2022).

This event offers local, national and regional governments and their networks space to announce specific Ocean Action Commitments.

It will facilitate discussion on good practices for implementation of SDG 14 at the local level, including financing innovation for sustainable adaptation of coastal cities and regions.

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https://sdgs.un.org/events/LRGspecialevent-2022UNOC

Created a Post in Blue Economy

Open call for Side Events at the 2022 UN Ocean Conference (27 June - 1 July).

Side events may be organized by Member States, Intergovernmental Organizations (IGOs), UN entities and all other duly accredited and registered entities.

Priority will be given to events organized by Member States and those organized in partnership by multiple entities. All interested parties are strongly encouraged to partner with others to organize a side event.

Thanks to Ryan Maia for sending this through!

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https://www.un.org/en/conferences/ocean2022/events/side

Hello #BlueEconomy and #CircularEconomy enthusiasts!

Quick reminder that ISLANDS is organising its first webinar on "Tackling Plastics in SIDS". How can we turn the tide on plastics? How can plastics become a resource for SIDS rather than a curse? Join the webinar and contribute to the conversation!

Link tot the Caribbean / Indian Ocean / Europe / US session (29/03): https://www.thegreenforum.org/event/islands-webinar-tackling-plastics-s…

Link to the Pacific session (05/04): https://www.thegreenforum.org/event/islands-webinar-tackling-plastics-s…

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Clara Mottura commented on Clara Mottura's Post in Blue Economy, Circular Economy, Waste Management

The price of plastic waste: what solutions to turn the tide?

Annually, we produce around 359 million tonnes of plastic, recycling just 9% of it. The rest is incinerated, accumulated in landfills or dumped clogging our drains, endangering marine life and causing health concerns to local people.

Many actions have been undertaken in recent years, but none has proved effective enough. As time goes by, we need to drastically change our short-term focused relationship with plastic, reducing its production and consumption.

One of the possible actions would be a global ban on plastic, would you be in favour?

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https://oecd-environment-focus.blog/2021/01/07/the-price-of-plastic-waste-and-solutions-to-turn-the-...

I recently read that ocean acidification levels will have a disruptive effect on marine ecosystems already over the coming two decades.

To prevent that, we need to stop atmospheric concentration asap.

Does somebody have more information about the thresholds which will endanger specific marine lifeforms?

To prevent that we need to stop atmospheric concentration asap.

Does somebody have more information about the thresholds which will endanger specific marine life forms at which pH threshold?

I read that pH 7.95 will be already very critical for plankton.

A collapse of the marine ecosystem needs to be prevented, no?

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https://en.unesco.org/ocean-acidification

Created a Post in ISLANDS, Blue Economy

How love, care, and compassion can foster climate resilience through community-led science?

Get inspired with this great story from The Bahamas!

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https://only.one/read/nikita-shiel-rolle

Nobel-winning stock market theory used to help save coral reefs

Portfolio selection rules on evaluating risk used to pick 50 reefs as ‘arks’ best able to survive climate crisis and revive coral elsewhere

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https://www.theguardian.com/environment/2021/nov/28/stock-markets-modern-portfolio-theory-mpt-used-t...
Poverty-Environment Action UNEP-UNDP

The Blue economy and what sustainable blue economy interventions look like are still very new to many of us. The issue is how to navigate from sustainable blue economy strategies to actual action-oriented financing, sovereign as well private financing for priority investments areas. This approach… Read More

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Created an Event in Energy, Blue Economy

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African Development Bank(AfDB)

On 23 November 2021 (11:00 to 12:30 GMT), the African Development Bank's African Natural Resources Center (ANRC) and Sustainable Energy Fund for Africa (SEFA) is hosting a webinar that will explore the potential of renewable energy sources across coastal Africa. Representatives will… Read More