The Pacific’s leadership on sustainable management of the world’s biggest ocean continues with a suite of Ocean reports launched in Suva this week. The collection centerpiece is the Blue Pacific Ocean Report 2021 by the Pacific Ocean Commissioner.
...while the Blue Pacific has led and made the strong moral case for action on climate, this progress is at risk of unravelling if we do not also step up to the related crisis of nature loss. Our islands and history are closely intertwined with the ocean and its biodiversity.
In this report the World Ocean Initiative assesses the challenges facing key sectors in the ocean economy, including seafood, shipping, tourism and renewable energy. We look at the role of banks and investors in financing the transition towards clean, low carbon technologies, as well as opportunities in data and analytics. We examine solutions to marine plastic pollution from source to sea, and the ocean’s potential to remove carbon from the atmosphere and increase resilience to the impacts of climate change.
As COVID-19 continues to send shockwaves through the global economy, IFC, a member of the World Bank Group, in collaboration with Inspire Impact, is hosting a landmark discussion on investment opportunities in the Pacific Blue Economy, including why the sustainable use of oceans must be central t
The term Blue Economy has become increasingly used over the past decade, despite its lack of definition, with a multitude of agents and agencies finding the name acceptable to frame their ‘economy’ strategies, regardless of the hue. There are also many sceptics, given the long succession of let-downs since the 1980s such as when a similarly attractive term, sustainable development, was coined and supposed to meet economic, social and environmental objectives but in practice mainly focused on the economy at the expense of the environment.
Japan’s National Ocean Day is a timely reminder of the challenges many countries around the world face in supporting and reviving their ocean economies in the wake of the covid-19 pandemic...Here we explore what opportunities are offered by the economic pause to ignite a sustainable blue recovery
![The Blue Economy and COVID-19 Pandemic: New challenges, recovery measures and resilience [On-line]](/sites/default/files/styles/news_teaser/public/oceans_sm_2.jpg?itok=vOJmoGp5)
The COVID-19 pandemic is unprecedented in our lifetimes. It is estimated that the pandemic may generate a decline of world trade by a third this year.
The Government of Bermuda commits to protect at least 20% of their total EEZ in Marine Protected Areas (MPAs) while vowing to develop their Blue Economy. Click on the link below to read the full article.
The term “green growth” and its sister concepts, “blue‐ green growth,” the “green economy,” and the “blue‐ green economy,” have gained considerable traction in the Pacific island region in a short space of time. Pacific island governments, regional organisations, and development agencies all use the terms, which originate outside of the Pacific. What (and who) has driven the adoption of green growth terminology within the region? How has its usage in the region mirrored international usage?