What I learnt from the Blue Economy Conference 2018

What I learnt from the Blue Economy Conference 2018.

The conference lasted for three short days and I believe its was a success. As I got to learn more and I know some people somewhere agree too.

It had the best timing and if all the wordings are made to reality. Then our oceans are in great hands.

So what re some of the things that really impressed me

Blue economy offers a lot of opportunities
Blue economy offers a lot of opportunities Blue economy offers a lot of opportunities

Blue economy will unlock potential by marine and its resources.

For a long time, we (developing countries), have not taken water resources seriously. We lack an effective framework to sustain-ably  exploit these resources.

Requirements for a sustainable blue economy

A successful blue economy has to be sustainable. To avoid over-exploitation and destruction of the resources we look forward to exploit. Unlike gold mining, ocean will need to be allowed time and subjected to conducive environment for its resources.

For fishing to excel, then we should not fish the little ones or flock in the water bodies. We should allow fish time to procreate and grow in size. Hence able to strike the balance.

Blue economy plays an important role to other economies

Blue economy is a new dimension in our economies and hence inadequately exploited. It’s the new jack pot and we should be careful to do things right from the very beginning.

If sustain-ably exploited, then we are to gain much more and still maintain healthy waters.

Conservation of marine and its resources is paramount

A healthy ocean and other water bodies will be able to offer the resources to be exploited. Hence their conservation is a must. For a cow to give more and good milk, then you have to take good care of her. Same applies to all water bodies. It’s a two-way traffic relationship.

Successful blue economy is a global teamwork

No one country can claim ownership of the oceans and its resources. This is because they touch different continents and always on the move with its resources. The fish migrate all the time, same to other species found in the waters. So if one country decides to mishandled these species while they are in their territory. Then the effect will be felt by all nations associated to that ocean.

As a planet its our responsibility to collectively take good care of marine and its resources.

Nations got an opportunity to read their commitments towards sustainable blue economy during the conference. This shows how  serious we need each other to succeed and have healthy oceans.

Sad fact: Research shows that if we don’t stop treating oceans like dumpsites. By 2050, plastic will be more than fish in our oceans.

Read the full article here.

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What is Blue economy?

What is blue economy? What does it entail?

The Blue economy conference for 2018 kicked off two days ago and will be concluding today. It brought many nations, organisation and people together.

Let’s get to understand what it entails

In general terms, it is use of marine environment for its economic value. Include activities such as fishing, marine tourism, marine sport, transport,among others.

Did you know?

  • Oceans covers 72% of our planet surface.
  • Ocean helps to both generate oxygen and absorbs carbon dioxide. Its literally gives us life just like trees.
  • Oceans recycle nutrients and regulates global climate and temperature.
  • Ocean provide employment and source of food.

Humans are known to take more than needed when it comes to exploiting resources. Especially natural resources. Hence needs to be put on check before they can cause depletion of whatever they are exploiting.

And that’s where the blue economy conference comes in. It is used as a tool to ensure sustainable exploitation of marine resources. As well as ensuring that environment is well taken care of.

According to World Wildlife Fund, Blue economy means use of marine and its resources for sustainable economic developments.

They are geared to promote three key agenda, which includes:

  1. Overall contribution of the marine environment to economies.
  2. Addressing the environmental and ecological sustainability of the marine environment.
  3. Blue economy as a growth opportunity for both developed and developing countries.

Which are some of potential for blue economy?

  • Marine biotechnology and bio-prospecting
  • Aquaculture
  • Seabed extraction
  • Renewable energy
  • Carbon sequestration
  • Existence of biodiversity

Challenges

  • Over-exploitation of marine resources.
  • Illegal undertakings in oceans , that is, illegal fishing, use of illegal equipment.
  • Waste disposal to the oceans. There’s inadequate care for marine environment and its ecosystem.
  • Piracy activities.

Snippet of the Blue Economy Conference 2018

Read the full article here.