3 World Bank, 2017 This fisheries management strategy will form one of the cornerstones of the Blue Economy Action Plan. for In January 2021, NOAA released its Blue Economy Strategic Plan for 2021-2025, laying out a roadmap for new ways to advance America's Blue Economy and enhance the global ocean economy . The 2021-2025 NOAA Blue Economy Strategic Plan aligns with several key agency initiatives, including implementing the National Ocean Policy of 2018, the 2018 National Strategic Plan for STEM Education, the 2019 Presidential Memorandum on Mapping the U.S. EEZ and Shoreline & Nearshore of Alaska, the 2020 National Strategy for Mapping, Exploring .

Cover for NOAA story map entitled Our dynamic marine economy. It is intended both as a roadmap for collective action and a challenge to regional leaders to take strategic actionto leverage the economic potential of the Great Lakes and our abundant freshwater resources. On December 3, 2020 In Latest News. Figure 1: Examples of the benefits from the sea which are many and varied. Blue economy considers both uses and impacts.2 The term blue economy is not yet firmly defined; Whisnant & Reyes offer this definition: "blue economy is the set of environmentally and socially sustainable commercial activities, products, services and investments dependent on and impacting coastal and marine resources. The strategy is implemented by means of an action plan. Strategic partnerships and synergies with other OECS policies and programmes are critical. It aims to guide the transformation to more inclusive, environmentally sustainable and resilient economies in the Eastern Caribbean and lays out a vision, principles, key . Developed on a five-year basis, it integrally captures the relevant Africa blue economy components that include activities, implementation timelines, intended outputs, mean of verification and. Our Blue Economy action plan will therefore reflect the vital importance to our marine economy of the rich natural capital in Scotland's seas and rivers. Challenges undermining the blue economy The potential to grow the blue economy is limited by a series of challenges. "It is clear that the ocean economy is a smart investment that can deliver social, economic, and environmental benefits to our people. It is also . Improving sustainability in port and coastal infrastructure development. It demonstrates how much we value our marine environment and its significance. Commitment: $5 billion by 2024 ADB's overall Action Plan for Healthy Oceans and Sustainable Blue Economies will expand financing solutions and technical assistance for ocean health protection and its biodiversity conservation and marine economy projects up to $5 billion from 2019 to 2024, with ADB financing and support of ADB's partners. This is captured in six outcomes sitting across a range of environmental, social and economic ambitions.

Key Messages for Future Action ix Introduction 1 Relationship of SIDS and Coastal LDCs to Oceans, Seas, and Marine Resources 2 The Transition to a Blue Economy 4 Challenges to the Blue Economy 10 Sectors of the Blue Economy 12 Fisheries 14 Aquaculture 16 Coastal and Maritime Tourism 16 Marine Biotechnology and Bioprospecting 17 Protecting and restoring coastal and marine ecosystems and key rivers. The Action Plan recommends specific building blocks for sustaining and growing the Great Lakes Blue Economy. "A blue economy is a long-term strategy aimed at supporting sustainable economic growth through oceans-related sectors and activities, while improving human well-being and social equity and.

Thematic Area 1 has three strategic goals in response to the African Member States' concerns. Who We Are. external border control. With a Digital Product ID powered by Blue Bite, each individual item is identified, providing farmers and manufacturers, transport services . The Strategy should clearly enable lead departments to develop economic strategies to support economic development of our seafood sector 3. climate change preparedness. Sustainable Blue Economy Finance Principles. Implementation Plan 2021-2025. The Blue Economy Strategy should be time-limited but with a stretch date: we recommend 2040 2. maritime infrastructure (ports, underwater pipelines and cables, windfarms etc.) . India has a long coastline of 7,517 km covering nine states and two union territories - with an Exclusive Economic Zone (EEZ) of 2.02 mn. UNEP/MAP - Plan Bleu Case Studies on the Blue Economy in the Mediterranean, and policy papers, such as " The Blue Economy in the Mediterranean " provide support to decision-makers and practitioners. In the 2020-2021 Programme for Government the Scottish Government committed to the development of a blue economy action Plan. Several activities related to Blue Economy are included in the UNEP/MAP Programme of Work for 2020-2021. With a Digital Product ID powered by Blue Bite, each individual item is identified, providing farmers and manufacturers, transport services . 5 years), sub-sector action plans (e.g. Rural Affairs Secretary Mairi Gougeon said: "Together, we can achieve an ambitious transformation of the value of Scotland's seas as we move from blue economy theory into delivery, driving forward innovative solutions to . The first Circular Economy Action Plan was adopted in 2015 with the aim to achieve a circular economy and have governments, brands and consumers work together to reduce global consumption and pollution. Ministerial foreword This has been Protective. A Blue Economy refers to the sustainable and integrated development of oceanic sectors in healthy oceans. Throughout and subsequent to the Rio +20 process there has been a growing appreciation that the world's Oceans and Seas require more in depth attention and coordinated action. The Blue Economy Action Plan will encourage collaboration across the public sector, marine industries and marine environmental interests to unlock cross-sectoral synergies that can support growth and jobs, benefit coastal communities and help deliver a just transition to net zero. January 19, 2021 NOAA today released its Blue Economy Strategic Plan for 2021-2025, laying out a roadmap for new ways to advance America's Blue Economy and enhance a global ocean economy expected to double in value to $3 trillion over the next decade. We will support investments, activities and projects that take all possible measures to restore, protect or maintain the diversity, productivity, resilience, core functions, value and the overall health of marine ecosystems, as well as the livelihoods and communities dependent upon them. The OECS Green - Blue Economy Strategy and Action Plan was presented to the OECS Council of Ministers - Environmental Sustainability (COMES) for adoption in June 2020. I see the blue economy vision as the beginning of a conversation, to drive forward positive collaborations to deliver action. The next step is to develop the programmes and policies to deliver the six outcomes in a blue economy action plan. The Blue Economy is sustainable use of ocean resources for economic growth, improved livelihoods and jobs, while preserving the health of marine and coastal ecosystem. This is just the start of the work to deliver a collaborative approach in Scotland. The strategy contributes to the European Green Deal, as well as industrial, circular economy and clean energy innovation strategies.

overall security and peace. ADB commits to expanding its investments and technical assistance in ocean health and the blue economy to $5 billion between 2019-2024 ASIA PACIFIC AND OCEANS NOAA's data, tools, and services that support coastal economies and their contribution to the national economy touch all aspects of American life. 1. Practical, time-based (e.g. Every year, the ocean economy has an estimated turnover of between US$3 and 6 trillion. The Center for the Blue Economy has partnered with Blue Frontier to bring together thought leaders from across industry, government, academia, and the conservation community to craft the Ocean Climate Action Plan or OCAP.. Key elements of the plan were passed as part of the infrastructure bill (a down payment on clean ports and clean energy) and now there is renewed momentum for the Senate to . 4 Africa Blue Economy Strategy. 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 lower-middle income levels, for whom oceans represent a significant jurisdictional area and a source of opportunity. AN ACTION PLAN FOR GROWING THE GREAT LAKES BLUE ECONOMY 2021 Lakes basin are at the table (e.g., business, finance, research, etc. PROBLUE supports the implementation of Sustainable Development Goal 14 (SDG 14, Life Under Water) and is fully aligned with the World Bank's twin goals of ending extreme poverty and increasing the income and welfare of the poor in a . . The initiative will leverage public sector funds to create investment opportunities able to attract financing from a range of sources, including In the 2020-2021 Programme for Government the Scottish Government committed to the development of a blue economy action Plan. While the "blue economy" can play a major role in Africa's structural transformation, sustainable economic progress and social development, a clear action pl. This accounts for 0.45% of the overall Scottish economy and 12% of the marine economy GVA (Scottish Government, 2020a). A truly holistic Blue Economy approach also recognises that our . Blue economy would reinforce and strengthen the efforts of the Indian government as it strives to achieve the SDGs of hunger and poverty eradication along with sustainable use of marine resources by 2030. Blue economy. For much of human history, aquatic ecosystems have been viewed and treated as limitless resources and largely cost-free repositories of waste. The first Circular Economy Action Plan was adopted in 2015 with the aim to achieve a circular economy and have governments, brands and consumers work together to reduce global consumption and pollution. This includes employment, ecosystem services provided by the ocean, and cultural services. The Action Plan for Healthy Oceans and Sustainable Blue Economies, along with a new ADB Oceans Financing initiative, will support the protection and . In 2017, marine tourism, which is placed in the 'Cultural' category (Figure 1), generated 594 million Gross Value Added (GVA). Supporting documents 1. In January 2021, NOAA released its Blue Economy Strategic Plan for 2021-2025, laying out a roadmap for new ways to advance America's Blue Economy and enhance the global ocean economy . These resources, however, are far from limitless and we The IORA Secretariat has identified the following six priority pillars in the blue economy as were recommended by the Council of Ministers' meeting (COMM) and revised by the Secretariat in consultation with Member States: Fisheries and Aquaculture Renewable Ocean Energy Seaports and Shipping Offshore Hydrocarbons and Seabed Minerals The strategy aims to protect the strategic maritime interests of the European Union worldwide, such as. rule of law and freedom of navigation. 1. PROBLUE focuses on four key themes: The sustainable management of fisheries and aquaculture Establish a compelling collective vision for the Great Lakes basin and the Great Lakes Blue Economy.

natural abundance. ocean health and stimulate the blue economy. 9781804352588 Sets out our long-term ambition for Scotland's blue economy to 2045. Toggle navigation. With an annual economic value estimated at USD$2.5 trillion, equivalent to the world's 7 th largest economy, the blue economy is increasingly attracting investors, insurers, banks, and policymakers as a new source of opportunity, resources, and prosperity. NOAA's data, tools, and services that support coastal economies and their contribution to the national economy touch all aspects of American life . The next step is to develop the programmes and policies to deliver these outcomes through a blue economy action plan. regarding sustainable use of the . ), possibly through the creation of a "Blue Economy Council" or similar forum. PROBLUE is part of the World Bank's overall Blue Economy program, which takes a multi-pronged, coordinated approach to ensuring the protection and sustainable use of marine and coastal resources. We will work with stakeholders to strengthen the resilience of our . Our approach will encompass work across the broad range of marine sectors, including seafood, tourism, energy, transport and science. sq.km. President Uhuru Kenyatta has said Kenya has prioritized the sustainable utilization of its ocean and blue economy resources as an enabler of the Vision 2030 economic blueprint. They all highlight the importance of a sustainable, circular bioeconomy to achieve their objectives. The Blue Economy encompasses many activities that impact all of us. (NOAA) Download Image The Plan pwill launch a programme of collaborative projects across the public sector, Scotland's science base, marine industries and the marine environmental sector. Atlantic Action Plan 2.0 News27 July 2020Brussels, BelgiumResearch and Innovation Atlantic Action Plan 2.0 The European Commission adopted an updated action plan for a sustainable, resilient and competitive blue economy in the EU Atlantic area. The Action Plan for Healthy Oceans and Sustainable Blue Economies will expand financing and technical assistance for ocean health and marine economy projects to $5 billion from 2019 to 2024, including cofinancing from partners. natural resources and environmental health. A key first step in implementing the OECS Green - Blue Economy Strategy and Action Plan is to raise awareness and build commitment of OECS stakeholders to the transformation. Leadership, organization, and history . News and blogs Our Blue Economy Action Plan will harness and bolster Scotland's international profile as a successful, modern and innovative maritime nation. expand the Blue aspect of the Green Economy as embodied in the "Green Economy in a Blue World" report1 but international momentum has moved beyond this. It will focus on four areas: creating inclusive livelihoods and business opportunities in sustainable tourism and . It will seek to deliver the benefits of a Blue The Plan pwill launch a programme of collaborative projects across the public sector, Scotland's science base, marine industries and the marine environmental sector.