Our oceans are in the worst state they have ever been. The sea is choked with plastic and heavy metals that are killing wildlife and destroying fisheries. We live on a blue planet, and the oceans contain 99% of available ecological space on Earth. Our atmosphere and the climate rely on the oceans, which has absorbed 50% of the greenhouse gases emitted by humans. But our oceans can also provide an opportunity for prosperity.

 Read also: These Islands Are Leading The Drive For Hydrogen Energy

The “blue economy” is a radical approach to rethinking the way we interact with our oceans. Small island nations such as Seychelles are pioneering this approach to see the oceans as a resource that can generate wealth while simultaneously improving ecosystem health. By giving the oceans greater value, local people are encouraged to preserve them for future generations.

Globally, the blue economy, including tourism, fisheries, marine renewable energy and biotechnology, is predicted to grow at double the rate of the rest of the economy by 2030.

Garbage, plastic, and waste on a French beach after winter storms. Can the Blue Economy provide a more sustainable model?Getty

What Is The Blue Economy?

Ocean health is key to the blue economy. The concept involves sustainable management of oceans for now and future generations. Healthy seas are key not only for the health of our environment, but also to accelerate economic growth, create jobs, and fight poverty. Recognizing the great potential of the blue economy, world leaders and scientists united for strategic talks about the future of our oceans at the first Sustainable Blue Economy Conference held in Nairobi, Kenya, in November2018 The world can improve the health of the oceans, seas, lakes, and rivers and ecosystems they support which are under increased threats and decline across the globe.

At its core, the blue economy sets a framework for the international community to actively work on conserving its ocean resources and develop more sustainable habits to protect ocean ecosystems. The blue economy is a source of economic growth – not just a way to protect the environment but also a source of food, jobs, and water. The World Wildlife Fund estimates that if the ocean were a country, it would have the seventh largest economy in the world. Because over 3 billion people around the world rely on the biodiversity of our world’s oceans and seas for their livelihood, nations must work together to protect these important natural resources for generations to come.

The United Nations has recognized the importance of the blue economy and its important role in a sustainable future for the world’s oceans. Sustainable Development Goal 14, aims to “conserve and sustainably use the oceans, seas and marine resources.” The UN seeks to prevent and reduce marine pollution of all types by 2025, and sustainably manage, conserve, protect, and restore coastal and marine ecosystems over the next 5 to 10 years. In addition, the SDG 14 aims to conduct greater scientific research into ocean health and marine biodiversity, particularly in small island developing states (SIDS) and least developed countries (LDCs). The inclusion of oceans as an SDG is a signal to help small island developing countries thrive economically from the sustainable use of marine resources, driving tourism and better fisheries management.

Read also: 5 Renewable Energy TED Talks To Start Your 2019

The blue economy is particularly important for the fiscal well-being of SIDS. In small island nations such as Palau and Seychelles, marine-based tourism represents over half of export earnings, and fisheries can represent anywhere from 10% to 50% of these nations’ GDP. Sustainable fishing practices coupled with environmental conservation efforts can ensure that the coastal natural resources utilized so heavily by these nations can continue to exist for centuries to come.

Palau and Seychelles: Leaders In The Blue Economy

Small island nations which benefit economically from the world’s oceans have pioneered the blue economy approach to utilize the oceans as a resource to improve their nations’ wealth while preserving the health of our great oceans. SIDS, as well as other coastal states, have a huge opportunity with the blue economy to give positive economic benefits for citizens alongside improved environmental protection, Palau and Seychelles are two island countries which serve as excellent case studies for the blue economy.

Seychelles Ambassador to the United Nations, Ronald Jumeau, pointed out the importance of rethinking the relationship with the oceans. He said, “The blue economy allows countries like Seychelles to put oceans at the center of our finances. We are not a small island state – we are a large ocean nation!

The Seychelles is one of the world’s premier biodiversity hotspots and, as a global leader in sustainable ocean use, represents another blue economy success story – undertaking a transition to sustainable ocean management. More eco-friendly fishing activity in Seychelles will diversify the small island nation’s economy, create high-value jobs, improve food availability and security for the small nation, and sustainably manage and protect the nation’s oceanic resources. The islands also launched the world’s first Sovereign Blue Bond, demonstrating the potential for countries to harness capital to obtain finance for the sustainable use of marine resources.

Sustainable fisheries are vital to healthy oceans.Getty

Meanwhile in the Pacific Ocean nation of Palau, which is comprised of over 250 islands with a cumulative 1519 km of coastline, an equally ambitious undertaking is happening.. Known around the world for its commitment to conservation of the oceans and wildlife, Palau has designated nearly 80% of its territorial waters as a marine sanctuary. Diving is the main tourist attraction in this nation, and Palau’s tourism board has sought to make tourism more sustainable by working on bringing more ‘high-value’ travelers to their small island country. By focusing their tourism efforts on marketing to smaller numbers of high-paying tourists, Palau has aimed to reduce the stress on the marine areas. Palau’s tourism board has also focused on more sustainable tourism activities, such as bird watching and sports fishing, as well as local cultural activities. The nation also became the first nation to enforce a pledge on all visitors to act in an ecologically responsible way.

Read also: 2018: The Electric Vehicle Revolution Is Alive In Barbados

The blue economy can provide a model for us to rethink how we preserve and sustain and improve our biodiverse ocean resources for future generations. While small island nations have much to gain from the blue economy, the worldwide importance of a healthy ocean ecosystem cannot be overstated and urgent action must be made by all countries for its protection.

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(** )(*** ) Our oceans remain in the worst state they have actually ever been. The sea is choked with plastic and heavy metals that are eliminating wildlife and damaging fisheries. We survive on a blue world, and the oceans consist of 99% of readily available environmental area in the world. Our environment and the environment count on the oceans, which has actually taken in 50% of the greenhouse gases given off by human beings. However our oceans can likewise supply a chance for success.

&#x21 aa;-LRB- **********) Read likewise: These Islands Are Leading The Drive For Hydrogen Energy

T he “blue economy” is an extreme method to reconsidering the method we connect with our oceans. Little island countries such as Seychelles are pioneering this method to see the oceans as a resource that can create wealth while concurrently enhancing environment health. By providing the oceans higher worth, regional individuals are motivated to maintain them for future generations.

Worldwide, the blue economy, consisting of tourist, fisheries, marine renewable resource and biotechnology, is anticipated to grow at double the rate of the remainder of the economy by 2030.

Trash, plastic, and waste on a French beach after winter season storms. Can heaven Economy supply a more sustainable design? Getty

What Is The Blue Economy?

Ocean health is crucial to the blue economy. The principle includes sustainable management of oceans in the meantime and future generations. Healthy seas are crucial not just for the health of our environment, however likewise to speed up financial development, produce tasks, and battle hardship. Acknowledging the terrific capacity of the blue economy, world leaders and researchers joined for tactical speak about the future of our oceans at the very first Sustainable Blue Economy Conference(******* ) kept in Nairobi, Kenya, in November2018 The world can enhance the health of the oceans, seas, lakes, and rivers and environments they support which are under increased risks and decrease around the world.

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(**** )At its core, the blue economy sets a structure for the global neighborhood to actively deal with saving its ocean resources and establish more sustainable routines to safeguard ocean environments. The blue economy gives financial development– not simply a method to safeguard the environment however likewise a source of food, tasks, and water. The World Wildlife Fund approximates that if the ocean were a nation, it would have the seventh biggest economy on the planet. Due to the fact that over 3 billion individuals around the globe count on the biodiversity of our world’s oceans and seas for their income, countries should collaborate to safeguard these crucial natural deposits for generations to come.

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The United Nations has actually acknowledged the significance of the blue economy and its crucial function in a sustainable future for the world’s oceans. Sustainable Advancement Objective14, intends to” save and sustainably utilize the oceans, seas and marine resources.” The UN looks for to avoid and decrease marine contamination of all types by2025, and sustainably handle, save, safeguard, and bring back seaside and marine environments over the next 5 to10 years. In addition, the SDG14 intends to perform higher clinical research study into ocean health and marine biodiversity, especially in little island establishing states( SIDS) and least industrialized nations( LDCs ). The addition of oceans as an SDG is a signal to assist little island establishing nations prosper financially from the sustainable usage of marine resources, driving tourist and much better fisheries management.

(** )(********* )&#x21 aa;-LRB- **********) Read likewise:(*********** ) 5 Renewable Resource TED Speak With Start Your 2019

The blue economy is especially crucial for the financial wellness of SIDS. In little island countries such as Palau and Seychelles, marine-based tourist represents over half of export profits, and fisheries can represent anywhere from 10% to 50% of these countries’ GDP. Sustainable fishing practices paired with ecological preservation efforts can make sure that the seaside natural deposits used so greatly by these countries can continue to exist for centuries to come.

Palau and Seychelles: Leaders In The Blue Economy

Little island countries(******* ) which benefit financially from the world’s oceans have actually originated the blue economy method to use the oceans as a resource to enhance their countries’ wealth while maintaining the health of our terrific oceans. SIDS, along with other seaside states, have a big chance with the blue economy to offer favorable financial advantages for residents along with enhanced environmental management, Palau and Seychelles are 2 island nations which function as exceptional case research studies for the blue economy.

Seychelles Ambassador to the United Nations, Ronald Jumeau, explained the significance of reconsidering the relationship with the oceans. He stated, “The blue economy permits nations like Seychelles to put oceans at the center of our financial resources. We are not a little island state – we are a big ocean country!

The Seychelles is among the world’s premier biodiversity hotspots and, as an international leader in sustainable ocean usage, represents another blue economy success story – carrying out a shift to sustainable ocean management. More environmentally friendly fishing activity in Seychelles will diversify the little island country’s economy, produce high-value tasks, enhance food schedule and security for the little country, and sustainably handle and safeguard the country’s oceanic resources. The islands likewise released the world’s very first Sovereign Blue Bond, showing the capacity for nations to harness capital to acquire financing for the sustainable usage of marine resources.

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Sustainable fisheries are essential to healthy oceans. Getty

On The Other Hand in the Pacific Ocean country of Palau, which is consisted of over(************************************************************************************ )islands with a cumulative 1519 km of shoreline, a similarly enthusiastic endeavor is occurring. Understood around the globe for its dedication to preservation of the oceans and wildlife, Palau has actually designated almost 80% of its territorial waters as a marine sanctuary. Diving is the primary traveler destination in this country, and Palau’s tourist board has actually looked for to make tourist more sustainable by dealing with bringing more ‘high-value’ tourists to their little island nation. By focusing their tourist efforts on marketing to smaller sized varieties of high-paying travelers, Palau has actually intended to decrease the tension on the marine locations. Palau’s tourist board has actually likewise concentrated on more sustainable tourist activities, such as bird seeing and sports fishing, along with regional cultural activities. The country likewise ended up being the very first country to impose a promise on all visitors to act in an environmentally accountable method.

&#x21 aa;-LRB- **********) Read likewise: 2018: The Electric Lorry Transformation Lives In Barbados

The blue economy can supply a design for us to reassess how we maintain and sustain and enhance our biodiverse ocean resources for future generations. While little island countries have much to acquire from the blue economy, the around the world significance of a healthy ocean environment can not be overemphasized and immediate action should be made by all nations for its defense.

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Our oceans remain in the worst state they have actually ever been.
The sea is choked with plastic and heavy metals that are eliminating wildlife and damaging fisheries. We survive on a blue world, and the oceans consist of 99 % of readily available environmental area in the world. Our environment and the environment count on the oceans, which has actually taken in 50 % of the greenhouse gases given off by human beings. However our oceans can likewise supply a chance for success.

&#x 21 aa;-LRB- **********) Read likewise: These Islands Are Leading The Drive For Hydrogen Energy

T he “blue economy” is an extreme method to reconsidering the method we connect with our oceans. Little island countries such as Seychelles are pioneering this method to see the oceans as a resource that can create wealth while concurrently enhancing environment health. By providing the oceans higher worth, regional individuals are motivated to maintain them for future generations.

Worldwide, the blue economy, consisting of tourist, fisheries, marine renewable resource and biotechnology, is anticipated to grow at double the rate of the remainder of the economy by2030

.

.

Trash, plastic, and waste on a French beach after winter season storms. Can heaven Economy supply a more sustainable design? Getty

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.

What Is The Blue Economy?

Ocean health is crucial to the blue economy. The principle includes sustainable management of oceans in the meantime and future generations. Healthy seas are crucial not just for the health of our environment, however likewise to speed up financial development, produce tasks, and battle hardship. Acknowledging the terrific capacity of the blue economy, world leaders and researchers joined for tactical speak about the future of our oceans at the very first Sustainable Blue Economy Conference kept in Nairobi, Kenya, in November2018 The world can enhance the health of the oceans, seas, lakes, and rivers and environments they support which are under increased risks and decrease around the world.

At its core, the blue economy sets a structure for the global neighborhood to actively deal with saving its ocean resources and establish more sustainable routines to safeguard ocean environments. The blue economy gives financial development– not simply a method to safeguard the environment however likewise a source of food, tasks, and water. The World Wildlife Fund approximates that if the ocean were a nation, it would have the seventh biggest economy on the planet. Due to the fact that over 3 billion individuals around the globe count on the biodiversity of our world’s oceans and seas for their income, countries should collaborate to safeguard these crucial natural deposits for generations to come.

The United Nations has actually acknowledged the significance of the blue economy and its crucial function in a sustainable future for the world’s oceans. Sustainable Advancement Objective 14 , intends to “save and sustainably utilize the oceans, seas and marine resources.” The UN looks for to avoid and decrease marine contamination of all types by 2025, and sustainably handle, save, safeguard, and bring back seaside and marine environments over the next 5 to 10 years. In addition, the SDG 14 intends to perform higher clinical research study into ocean health and marine biodiversity, especially in little island establishing states (SIDS) and least industrialized nations (LDCs). The addition of oceans as an SDG is a signal to assist little island establishing nations prosper financially from the sustainable usage of marine resources, driving tourist and much better fisheries management.

&#x 21 aa;-LRB- **********) Read likewise: 5 Renewable Resource TED Speak With Start Your 2019

The blue economy is especially crucial for the financial wellness of SIDS. In little island countries such as Palau and Seychelles, marine-based tourist represents over half of export profits, and fisheries can represent anywhere from 10 % to 50 % of these countries’ GDP. Sustainable fishing practices paired with ecological preservation efforts can make sure that the seaside natural deposits used so greatly by these countries can continue to exist for centuries to come.

Palau and Seychelles: Leaders In The Blue Economy

Little island countries which benefit financially from the world’s oceans have actually originated the blue economy method to use the oceans as a resource to enhance their countries’ wealth while maintaining the health of our terrific oceans. SIDS, along with other seaside states, have a big chance with the blue economy to offer favorable financial advantages for residents along with enhanced environmental management, Palau and Seychelles are 2 island nations which function as exceptional case research studies for the blue economy.

Seychelles Ambassador to the United Nations, Ronald Jumeau, explained the significance of reconsidering the relationship with the oceans. He stated, “The blue economy permits nations like Seychelles to put oceans at the center of our financial resources. We are not a little island state – we are a big ocean country!

The Seychelles is among the world’s premier biodiversity hotspots and, as an international leader in sustainable ocean usage , represents another blue economy success story – carrying out a shift to sustainable ocean management. More environmentally friendly fishing activity in Seychelles will diversify the little island country’s economy, produce high-value tasks, enhance food schedule and security for the little country, and sustainably handle and safeguard the country’s oceanic resources. The islands likewise released the world’s very first Sovereign Blue Bond , showing the capacity for nations to harness capital to acquire financing for the sustainable usage of marine resources.

.

.

Sustainable fisheries are essential to healthy oceans. Getty

.

.

On The Other Hand in the Pacific Ocean country of Palau, which is consisted of over 250 islands with a cumulative 1519 km of shoreline, a similarly enthusiastic endeavor is occurring. Understood around the globe for its dedication to preservation of the oceans and wildlife, Palau has actually designated almost 80 % of its territorial waters as a marine sanctuary. Diving is the primary traveler destination in this country, and Palau’s tourist board has actually looked for to make tourist more sustainable by dealing with bringing more ‘high-value’ tourists to their little island nation. By focusing their tourist efforts on marketing to smaller sized varieties of high-paying travelers, Palau has actually intended to decrease the tension on the marine locations. Palau’s tourist board has actually likewise concentrated on more sustainable tourist activities, such as bird seeing and sports fishing, along with regional cultural activities. The country likewise ended up being the very first country to impose a promise on all visitors to act in an environmentally accountable method.

&#x 21 aa;-LRB- **********) Read likewise: 2018: The Electric Lorry Transformation Lives In Barbados

The blue economy can supply a design for us to reassess how we maintain and sustain and enhance our biodiverse ocean resources for future generations. While little island countries have much to acquire from the blue economy, the around the world significance of a healthy ocean environment can not be overemphasized and immediate action should be made by all nations for its defense.

.