{"id":4245,"date":"2019-07-31T14:13:15","date_gmt":"2019-07-31T11:13:15","guid":{"rendered":"https:\/\/africasustainabilitymatters.com\/?p=4245"},"modified":"2026-01-11T05:30:27","modified_gmt":"2026-01-11T05:30:27","slug":"tapping-the-potential-in-the-blue-economy","status":"publish","type":"post","link":"https:\/\/rayscohosting.best\/ASM\/2019\/07\/31\/tapping-the-potential-in-the-blue-economy\/","title":{"rendered":"Tapping The Potential In The Blue Economy"},"content":{"rendered":"\n<p>Resources\nin oceans, seas, lakes, and rivers \u2013 also known as the blue economy \u2013 if\nsustainably exploited could contribute up to $ 1.5 trillion to the global\neconomy.<\/p>\n\n\n\n<p>In\nNovember 2018, experts, government officials, environmentalists, policy makers,\nand academics converged in Nairobi, Kenya, for the Sustainable Blue Economy\nConference. With the theme Blue Economy and the 2030 Agenda for Sustainable\nDevelopment, the conference looked at new technologies and innovations for\noceans, seas, lakes, and rivers as well as challenges, potential opportunities\nand partnerships.<\/p>\n\n\n\n<p>According\nto Cyrus Rustomjee, a blue economy expert and a senior fellow at the Centre for\nInternational Governance Innovation, Africa has 38 coastal and island states\nand a coastline of over 47,000 km. This presents an enormous opportunity for\nthe continent to develop the sectors typically associated with the blue\neconomy.<\/p>\n\n\n\n<p>To\nreduce African poverty and enhance food and energy security, employment,\neconomic growth and exports, ocean health and sustainable use of ocean\nresources, there is a need to expand fisheries, aquaculture, tourism,\ntransportation, and maritime and inland ports.<\/p>\n\n\n\n<p>He\nnotes that more than 12 million people are employed in fisheries alone, the\nlargest of the African blue economy sectors, providing food security and\nnutrition for over 200 million Africans and generating value-added estimated at\nmore than $24 billion, or 1.26% of the GDP of all African countries.<\/p>\n\n\n\n<p>Of\nconcern at the Nairobi conference was the current wanton and large-scale\nexploitation of the world\u2019s waters, especially in developing countries.<\/p>\n\n\n\n<p>President\nUhuru Kenyatta of Kenya expressed concern over the \u201cmassive pollution of our\nwater bodies; the evident overexploitation of water resources and their related\nbiodiversity as well as the specific challenge of insecurity, more so in the\nhigh seas.\u201d<\/p>\n\n\n\n<p>Pre-conference\nadvocacy by Kenya, Canada and Japan, the main organizers of the event focused\non many issues central to Africa\u2019s development, including food security for vulnerable\ngroups and communities, malnutrition, sustainable food production and gender\nequality in blue economy industries.<\/p>\n\n\n\n<p>Kenya\u2019s Foreign Affairs Cabinet Secretary, Monica Juma said the discussions were dedicated to realizing the untapped potential found in our seas, oceans, lakes, and rivers and focused on integrating economic development, social inclusion and sustainability which promotes a blue economy that is prosperous, inclusive and sustainable.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/rayscohosting.best\/ASM\/wp-content\/uploads\/2019\/07\/coralll-1024x745.jpg\" alt=\"\" class=\"wp-image-4246\"\/><figcaption>Photo by Opus Energy Blog<\/figcaption><\/figure>\n\n\n\n<p>While\nemphasizing the importance of unlocking the full productive potential of\nAfrica\u2019s waters, Ms. Juma said she especially hoped to see increased\nparticipation of women and youth in all areas of the blue economy.<\/p>\n\n\n\n<p>A\nrecurring theme at the conference was that the blue economy could boost a\ncountry\u2019s economic growth and environmental protection and, by extension, help\nachieve the <a href=\"http:\/\/www.ke.undp.org\/content\/kenya\/en\/home\/sustainable-development-goals.html\">Sustainable\nDevelopment Goals of the&nbsp;2030 Agenda.<\/a><\/p>\n\n\n\n<p>According\nto Macharia Kamau, the Principal Secretary in Kenya\u2019s Ministry of Foreign\nAffairs, the conference presented immense opportunities for the growth of our\neconomy, especially sectors as fisheries, tourism, maritime transport, offshore\nmining, among others in a way that the land economy has failed to do.<\/p>\n\n\n\n<p>The\nstrategic importance of the blue economy to trade is clear, notes the\nInternational Maritime Organization, a specialized agency of the United Nations\nresponsible for regulating shipping. For instance, up to 90% of global trade\nfacilitation by volume and 70% by value is carried out by the sea.<\/p>\n\n\n\n<p>One\nchallenge is that the oceans and seas absorb about 25% of the extra carbon\ndioxide emissions added to the earth\u2019s atmosphere through the burning of fossil\nfuels. Oil and gas remain major sources of energy, with approximately 30% of\nproduction carried out offshore.<\/p>\n\n\n\n<p>Before\nthe event in Kenya, the organizers highlighted current challenges within the\nblue economy, including a lack of shared prosperity, maritime insecurity and\nunsustainable human activities around and in oceans, seas, lakes and rivers,\nincluding overfishing.<\/p>\n\n\n\n<p>Other\nchallenges are pollution, invasive species and ocean acidification, which lead\nto biodiversity loss and compromise human health and food security. the, a weak\nlegal, policy, regulatory and institutional framework and poorly planned and\nunregulated coastal development exacerbate existing challenges.<\/p>\n\n\n\n<p>To\naddress these problems, participants called on leaders and policymakers to\nimplement appropriate policies and allocate significant capital to sustainable\ninvestment in the sector to boost production, inclusiveness, and\nsustainability.<\/p>\n\n\n\n<p>The\nNairobi conference drew global attention to the blue economy; the challenge is\nensuring concrete actions follow the vigorous discussion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Resources in oceans, seas, lakes, and rivers \u2013 also known as the blue economy \u2013 if sustainably exploited could contribute up to $ 1.5 trillion to the global economy. In&hellip;<\/p>\n","protected":false},"author":3,"featured_media":4247,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","pagelayer_contact_templates":[],"_pagelayer_content":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[89,92],"tags":[],"class_list":["post-4245","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economic-responsibility","category-environmental-responsibility"],"_links":{"self":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/posts\/4245","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/comments?post=4245"}],"version-history":[{"count":0,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/posts\/4245\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/media\/4247"}],"wp:attachment":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/media?parent=4245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/categories?post=4245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/tags?post=4245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}