Making sure the blue economy is green the nicholas. The green economy hasnt done what we have needed it to do. Given the growing and seemingly limitless capacity to industrialize the oceans, there is a need to reimagine how to effectively measure, monitor and sustainably manage this seventyone percent of the earths surface. Green lessons for the blue economy international institute. Demand for green bonds has risen over the past few years and there is now appetite to widen the scope to include the socalled blue economy.
Golden, john virdin, douglas nowacek, patrick halpin, lori bennear and pawan g. 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. If current trends continue, the global per capita use of natural resources will increase by 70 per cent by 2050. Patil given the growing and seemingly limitless capacity to industrialize the oceans, there is a need to reimagine how to effectively measure, monitor and sustainably manage this seventyone per cent of the earths. 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 biotechnology and bioprospecting. Making sure the blue economy is green green growth.
Growth, opportunity and a sustainable ocean economy the blue economy. For example, lack of capacity and absence of green performance measurement appear to be constraints for banks in many developing countries. They also represent an enormous economic opportunity, which is why the ocean economy is driven by a combination of growing oceanbased industries, jobs and rising incomes as well as concerns about growing pressures on dwindling marine resources and response to climate. The two terms are used often interchangeably, referring to a range of ideas, also linked to lowcarbon development. Patil given the growing and seemingly limitless capacity to industrialize the oceans, there is a need to reimagine how to effectively measure, monitor and sustainably manage this seventyone per cent of the earths surface. Introduction to the blue economy project the challenges affecting the mediterranean sea call for shared integrated responses and improved. The geographic area of the norwegian marine management plans figure 3. Building a green economy paul krugman april 5, 2010. A policy handbook printed in addis ababa, ethiopia by the eca printing and publishing unit. Making sure the blue economy is green nature ecology.
The blue economy challenge seeks to find ways to rethink aquaculture inputs, design, and products in way that meets human sustainability and development through longterm ecological sustainability. The green economy in a blue world report analyzes how key sectors that are interlinked with the marine and coastal environment the blue world can make the transition towards a green economy. The growth of green bond markets faces a number of barriers. Dec 11, 2018 people, culture, communities and societies the inclusive blue economy. Blue and green growth explained green growth is a term to describe a path of economic growth that utilises natural resources in a sustainable manner. We promote the transition to economies that are low carbon, resource efficient and socially inclusive. Blue economy concept paper sustainable development. The equitable green economy is transparent and engages all involved and affected actors, with powerful actors having clearly defined responsibilities and forms of accountability, while making sure other stakeholders are empowered to act both as beneficiaries of and contributors to the green. In a commentary for the journal nature ecology and evolution, the nicholas institutes john virdin and coauthors write that we are now at an inflection point in history, where we. The gordon and betty moore foundation believes in bold ideas that create enduring impact in the areas of science. Published in 1989, blueprint for a green economy presented, for the first time, practical policy measures for greening modern economies and putting them on a path to sustainable development. The nairobi conference included plenary sessions with heads of government, a business forum, a governors and mayors forum, scientific panels, civil society workshops and a myriad of side events including one iied organised with the kenya green bonds programme on innovative financing for the green and blue economy. Steering towards a green economy is an introduction to green economy concepts, ideas and actions with particular relevance to south africa. Green financing is to increase level of financial flows from banking, microcredit, insurance and investment from the public, private and notforprofit sectors to sustainable development priorities.
But is it possible to make drastic cuts in greenhousegas emissions without destroying our economy. If you listen to climate scientists and despite the relentless campaign to discredit their work, you should it is long past time to do something about emissions of carbon dioxide and other greenhouse gases. Todays world needs a new paradigm for doing business while ensuring the maintenance of biodiversity and its values. Jan 24, 2017 making sure the blue economy is green. A green economy is expected to create employment, businesses and investments while. During the recent global financial crisis, the united nations general assembly and. A key part of this is to better manage environmental and social risks, take up opportunities that bring both a decent rate of return and environmental benefit and deliver greater accountability. Sustainable blue economy finance principles may shape.
But what if a deal between consenting adults imposes. Financial resources into and out of africa in reference to foreign direct investment fdi, international assistance, and remittances 2010 4 figure 2. The full study in the framework of the blue economy project. 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. The green economy concept is structured to reflect this, being explicitly based and. Ensure availability and sustainable management of water and sanitation for all. Growth, opportunity and a sustainable ocean economy. The report covers the impacts and opportunities linked with shipping and fisheries to tourism, marinebased renewable energies and agriculture. While a green economy was generally marked by effective use of natural resources, the definition of a blue economy as one based mainly on healthy marine resources also surfaced. The blue economy 10 years 100 innovations 100 million. They are the foundation for this proposed blue economy protocol and would be treated as an integral part of the document.
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. Achieving food security for all to make sure people have regular access to enough highquality food to lead active, healthy lives. List of gef small grants green economy projects in barbados financed in 2014 figure 2. Making michigan the worlds freshwater and freshwater innovation capital michigan blue economy the simple truth is that michigan has always been and will always be a quality of life statethe quality of human life in michigan depends on nature. 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. These resources, however, are far from limitless and we. Sids have always been highly dependent upon the seas for their wellbeing but the blue. According to the organisation blue economy which has a veritabe treasure trove of innovative ideas on its site, the principles of a blue economy highlight that waste does not exist and nutrients, matter and energy have a cascading effect i. Making sure the blue economy is green semantic scholar. 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. Green economy brochure green fund supporting green. Like the debate over climate change itself, the debate over climate economics looks very different. 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.
Given the growing and seemingly limitless capacity to industrialize the oceans, there is a need to reimagine how to effectively measure, monitor. Indeed, the blue economy, together with the green economy, is a pillar of inclusive sustainable development. Claims were identified and categorized through an iterative process aimed at understanding ocean uses of direct relevance for ecosystem sustainability, human wellbeing, and economic growth. Achieving food security for all to make sure people have regular. Statementofintentadvancingglobalsustainableblue economy. Public disclosure authorized toward a blue economy. As a setting for global trade and commerce, and as a significant source of food and energy, the oceans contribution is already important. What a blue economy really is wwfs perspective wwf. Sequencing and steps of the blue economy policy development process step 6. This vision foresees even higher numbers of peo ple making their livings from the ocean but in ways that protect its resources and ecological integrity. Paulis idea of the blue economy is a zero waste society by using all. Economic activities will be balanced to promote a sustainable, healthy ocean that can benefit not only the people directly. Green economy tools and policies, in the context of a blue world, can address many of the structural issues at the heart of the these challenges helping to inform and advise pacific nations as the curators of our largest natural global assets the.
Challenges undermining the blue economy the potential to grow the blue economy is limited by a series of challenges. Blue green economy in relation to economic and social development, iucn oceania will seek to build on the economics of ecosystems and biodiversity teeb approaches and will work with governments, the private sector and civil society to identify opportunities to transform the practices of key economic sectors that negatively impact natural. Blue and green growth explained news display interreg. Request pdf making sure the blue economy is green given the growing and seemingly limitless capacity to industrialize the oceans, there is a need to reimagine how to effectively measure. An important challenge of the blue economy is thus to understand and better manage the many aspects of oceanic sustainability, ranging from sustainable fisheries to ecosystem health to pollution. 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. Request pdf making sure the blue economy is green given the growing and seemingly limitless capacity to industrialize the oceans, there is a need to. For others, it simply refers to any economic activity in the maritime sector, whether sustainable or not. 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. Green economics is a methodology of economics that supports the harmonious interaction between humans and nature and attempts to meet the needs of both simultaneously. 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. The problem global demand for protein is anticipated to skyrocket in the coming decades. Benefits, challenges and risks from a sustainable development perspective summary of background papers jose antonio ocampo columbia university the concept of a green economy has become a center of policy debates in recent years.
In relation to economic and social development, iucn oceania will seek to build on the economics of ecosystems and biodiversity teeb approaches and will work with governments, the private sector and civil. The blue economy has its origins in the green economy concept. We describe this as the blue accelerationa race among diverse and often competing interests for ocean food, material, and spaceresulting in an unprecedented intensity and diversity of claims. May 28, 2015 during the past few years, the term blue economy or blue growth has surged into common policy usage, all over the world. The united nations environment programme unep defines the green economy as one that results in improved human wellbeing and social equity, while significantly reducing environmental risks and ecological scarcities. During the past few years, the term blue economy or blue growth has surged into common policy usage, all over the world. It is called blue simply because it is an alternative to green. Information on the origin and meaning of a green economy, and how a green economy can be implemented in south africa, is described. As demand for resources grows and landbased sources decline, expectations for the ocean as an engine of human development have increased dramatically. Graphical representation of issues mentioned during the first mssd online consultation aprilmay 2014 table 1.
For pacific island countries, the green economy is very much a blue economy, which. Mar 19, 2016 the economy is making it easy to be green. Developing the protocol the development of the sustainable blue economy protocol should follow the. 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. In this context, the blue economy can provide a positive contribution to the sustainable development of the mediterranean region. The blue economy 10 years 100 innovations 100 million jobs this blue paper provides a brief overview on the opportunities a blue economy framework and strategy can bring to the australian economy highlighting specific opportunities for the development of rural and regional communities and northern australia. One sectors activity can have unintentional consequences on other industries, or on ocean ecosystems and the communities that rely on them for food security and livelihood, taylor said. Transforming the economy from one based largely on the exploitation of finite resources, into a sustainable one based on renewable sources, will require significant investment and a consorted effort to. The ocean is increasingly regarded as an engine of present and future human needs for food, material, and space.
Alliance is dedicated to making sure that federal climate policy protects vulnerable americans from the birth pangs of the new, green economy while making sure they have access to its opportunities. Aquaculture has the potential to produce a significant. For much of human history, aquatic ecosystems have been viewed and treated as limitless resources and largely costfree repositories of waste. And by pushing governments, business and civil society to do the same, together we can chart a course toward a sustainable blue economy that brings benefits for everyone. Jul 10, 2015 while a green economy was generally marked by effective use of natural resources, the definition of a blue economy as one based mainly on healthy marine resources also surfaced. A policy handbook v figures, table, boxes and case studies figures figure 1. Roadmap for the development of a sustainable blue economy. A policy handbook 67 a stepbystep guide towards a blue economy policy this policy handbook proposes following a stepbystep guide in order to frame the development of a blue economy policy.
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