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Blue Economy and Ocean Sustainable Development in a Globalised World: Social, Political, Economic and Environmental Issues

Blue Economy and Ocean Sustainable Development in a Globalised World: Social, Political, Economic and Environmental Issues
Author: Ibukun J. Adewumi
Publisher: Frontiers Media SA
Total Pages: 225
Release: 2023-12-05
Genre: Science
ISBN: 2832540252
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In the last decade, the concept of a Blue Economy has ignited a deep theoretical debate. Ranging from the integration of the triple bottom line of sustainability to the optimization of profit from ocean exploitation, the meaning of the term blue economy differs considerably between epistemic communities and even more so among national and regional policies. There is a general sense of the opportunity to realise enhanced social and economic benefits from the sustainable utilisation of their ocean and coastal resources under the umbrella framework of blue economy. Blue economy is gaining traction already as a significant component of national policies, even in spite of a clear conceptualization of the term. Many countries are now preparing national policies towards realising their blue economy ambitions, utilizing the concept as they see fit. Likewise, multilateral and regional organisations are developing guidelines, and providing investment in new research, technologies, and financing tools that promote blue economy. Critical challenges abound, in particular in less privileged countries. These include the gap in research capabilities, governments prioritizing social wellbeing and economic profit in contrast to environmental protection, the identification of new and emerging areas of ocean economic activity that are both socially and ecologically sustainable and holds viable business models that can attract private investment.

Blue Economy of the Indian Ocean

Blue Economy of the Indian Ocean
Author: Ranadhir Mukhopadhyay
Publisher: CRC Press
Total Pages: 293
Release: 2020-11-03
Genre: Technology & Engineering
ISBN: 1000203808
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The economic paradigms currently dominating the world are not sustainable. The threats from climate change, exploitation-based approaches to commerce, and the excess acquisition of resources loom large as well as the possibility of military flare-ups. Maintaining a balance between development and ecosystems, aspirations for growth, and the need for sustainability is a prescient challenge. The Indian Ocean Region (IOR) encompasses some of the poorest countries in the world and those that will bear the brunt of the negative impacts from climate change. This book explores the immense potential of the IOR and how best to maintain sustainable and responsible economic and strategic activities. The combination of science, innovation, and entrepreneurship will create a new blue economy business model, which has the potential to transform society. Based on critical analysis of the model and its practical applications, including risks as well as opportunities, the topics discussed range from food security, energy, and resilience to climate change, trade and investments, and improved maritime connectivity to tourism, poverty alleviation, and socioeconomic growth, encompassing a wide range of interests and expertise. FEATURES Examines the geo-politics, geo-resources, and geo-hazards of the IOR and identifies opportunities and methods to achieve success Covers a detailed assessment of available resources (fisheries, minerals, energy), threats such as pollution (plastic, acoustic, carbon, bio-invasion), geo-politics (maritime security, military invasion), and strategic vision (determining carrying capacity, ethical governance, and responsible ecosystem) of the Indian Ocean Analyzes the economics of the blue economy, the global scenario including the Pacific and Caribbean islands, and the aspect of the Chinese geo-political invasion in the Indian Ocean Inspires entrepreneurs to adopt new ways of creating economic benefits, reducing energy use, and increasing revenue while simultaneously helping the communities involved Discusses the threat and security perspectives of the IOR and the collective responsibility for a sustainable use of resources Crossing a wide range of interests and expertise, this book explores topics and ideas that will be essential to researchers and professionals in marine sciences, economics, business, geography, and political sciences. Graduate students in the same fields as well as any and all organizations that maintain a presence in the IOR will likewise find this book to be a valuable resource.

Global Blue Economy

Global Blue Economy
Author: Md. Nazrul Islam
Publisher: CRC Press
Total Pages: 531
Release: 2022-11-28
Genre: Technology & Engineering
ISBN: 1000730700
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A global blue economy is an economic arena that depends on the benefits and values realized from the coastal and marine environments. This book explains the "sustainable blue economy" as a marine-based economy that provides social and economic benefits for current and future generations. It restores, protects, and maintains the diversity, productivity, and resilience of marine ecosystems, and is based on clean technologies, renewable energy, and circular material flows.

Beyond the Blue Economy

Beyond the Blue Economy
Author: Peter Rudge
Publisher: Routledge
Total Pages: 171
Release: 2021-04-11
Genre: Business & Economics
ISBN: 1000373460
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This book argues for a broader approach to sustainable growth in Small Island Developing States (SIDS). Small island states such as those in the Caribbean, Indian Ocean and South Pacific face significant and growing threats from climate change, increasing political and social volatility, and rapidly evolving global trends in technology and tourism. Based on ten years of research, this book looks beyond the Blue Economy of tourism and fisheries and provides a model of how creative industries, innovation networks, creative clusters and digital transformation can give SIDS the foundation for a strong sustainable future. The book provides not only insights into how these emerging digital-creative sectors can drive developing economies but also actionable tools for policy makers, entrepreneurs and academics to deliver increased performance on the United Nations Sustainable Development Goals and, ultimately, growth and sustainability. This book will be of great interest to scholars and practitioners of economic geography, sustainable development, development studies and the creative industries.

Blue Economy

Blue Economy
Author: C. Patrick Heidkamp
Publisher: Taylor & Francis
Total Pages: 291
Release: 2022-12-30
Genre: Science
ISBN: 1000823326
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This book presents state-of-the-art perspectives on the Blue Economy. It applies important geographical and sustainability transitions perspectives and underscores how Blue Economy dynamics are situated in regional contexts and shaped by the people who live there. The book highlights the Blue Economy concept as a potential driver of regionally sensitive, ecologically embedded, and community-focused sustainability. The scope for Blue Economy to form a core "cog" in our low-carbon future is obvious, from the potential for renewable energy production and coastal resilience building to possibilities for sustainable food production and the delivery of economic opportunities for peripheral communities. However, fundamental questions remain on how to meaningfully deliver these promises, such as how to avoid embedding a model of damaging extractivism, as per the terrestrial economy, and how to deliver on the key social sustainability principles of human well-being, equity, and justice when planning and developing blue economies. As the UN Decade of Ocean Science for Sustainable Development opens, this book provides a timely reminder of the richness, diversity, and potential of coastal and marine spaces. It advances geographical and transdisciplinary understandings of the Blue Economy and sets a baseline for continued scholarly engagement with the Blue Economy from a variety of perspectives. This timely contribution will be of interest to policy makers, academics, industry leaders, decision makers, and stakeholders working in or connected to the Blue Economy Sphere and working in the fields of Economic Geography, Regional Development, Public Policy and Planning, Environmental Studies, and Coastal Zone Management.

The Blue Economy

The Blue Economy
Author: Somnath Hazra
Publisher: Springer Nature
Total Pages: 337
Release: 2022-10-13
Genre: Science
ISBN: 3030965198
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This volume defines and analyzes the Blue Economy, a system that encompasses all the economic activities which are happening in and around the ocean within a sustainable development framework, with focus on countries in Asia. This work is timely, as Blue Economy activities account for a significant share of GDPs in the island and coastal economies in the Asia region, sustaining the livelihoods of one of the largest sections of the world's population. This book, therefore, assesses how the Blue Economy contributes to these livelihoods from economic and ecological perspectives and analyzes the various types of ecosystem services provided, and how these services are regulated and maintained. While most studies of the Blue Economy focus only on the economic aspects, this book provides ample statistical data to demonstrate why ecosystem services should additionally be considered for the estimation and valuation of the Blue economy. The book is primarily meant for researchers, students, and teachers in the fields of environmental and ocean economics, sustainable development, and ecosystem services, and will be of further interest to policymakers and government officials working in matters related to the Blue Economy and sustainability policy.

Global Sustainability

Global Sustainability
Author: S. Borghesi
Publisher: Springer
Total Pages: 272
Release: 2008-04-30
Genre: Business & Economics
ISBN: 0230583415
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This book examines how consistent the post-war process of globalization has been with the basic requisites of sustainable development. It argues that the polarization of public opinion into support of either globalization or sustainable development has not helped an understanding of the issues, and that the confrontation should be abandoned.

Eco-Responsible Cities and the Global Ocean

Eco-Responsible Cities and the Global Ocean
Author: Voula P. Mega
Publisher: Springer
Total Pages: 342
Release: 2018-08-29
Genre: Business & Economics
ISBN: 3319936808
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This book examines the nexus of cities and oceans and the interrelations between the Sustainable Development Goals (SDGs) 11 and 14, just after the first two critical years following the milestone year of hope in 2015. It advocates for actions both for sustainable cities, the largest interconnected and only human ecosystem, and for the global ocean that is the largest physical ecosystem. Cutting-edge concepts and actions are presented by and for cities and oceans, following the global engagements during the years 2015-2017. In the era of global geopolitics, cities offer major democratic spaces between the micro-regulations of the local communities and the governance of the global commons. The role of education, trust, and citizen empowerment cannot be stressed enough. This book offers an evidence-based, holistic and integrated view of key urban and ocean sustainability issues at the horizon of 2030 and of 2050. The chapters cover the most prominent issues at the heart of the matter, and highlight systemic multi-stakeholder eco-responses towards sustainability with economic, social, environmental dimensions, including political and cultural aspects. This book offers a full exploration of cities and seas with an emphasis on vigorous paradigm shifts, redesigning human systems, and reconciling them with nature. Building on robust evidence, and transformational cases, it provides structured advice for world leaders, stakeholders and scholars.

Blue Justice

Blue Justice
Author: Svein Jentoft
Publisher: Springer Nature
Total Pages: 696
Release: 2022-03-07
Genre: Science
ISBN: 3030896242
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For small-scale fisheries around the world, the Blue Growth and Blue Economy initiatives may provide sustainable development, but only insofar as they align with the global consensus enshrined in the Voluntary Guidelines for Securing Sustainable Small-Scale Fisheries in the context of Food Security and Poverty Eradication. If states do nothing to fulfill the promises they made when they endorsed these guidelines in 2014, the Blue Economy will come at a loss for small-scale fisheries and further their marginalization in the ocean economy. Under the umbrella of Blue Justice, this book demonstrates that these risks are real and must be considered as states implement their sustainable ocean development plans. These are human rights issues, which are embedded into governance principles and institutions and which make a difference for small-scale fisheries people in their daily lives. In stressing the importance of policies and institutions that build on the experiences of small-scale fisheries people in the contexts in which they operate, this book draws on case studies of small-scale fisheries from countries on all continents to clarify what Blue Justice entails for small-scale fisheries and make suggestions for real change. “Through the Blue Justice paradigm, this book flags the relevance of recognizing the potential impact that different factors, including the Blue Economy approach, could bring to fishing communities, their livelihoods, cultural traditions, and other potential multidimensional conflicts. Vulnerability in fishing communities can increase and inequalities can be reinforced at different levels if individuals and community capabilities are not strengthened... A first of its kind, not to be missed, this book is informative, purposeful, and pertinent in an era of change”. Silvia Salas, CINVESTAV, Marine Resources Department, Mérida, Mexico "The studies reveal that Blue Justice is a ‘governability’ issue, which requires establishing ‘right’ institutions, that are transdisciplinary (integrated), participatory, and holistic. It is implicit from these writings that the SSF Guidelines and Blue Growth initiatives do not form two different discourses, and that the implementation of the former would resolve many of the justice issues caused by the latter, in favor of small-scale fisheries and their communities". Oscar Amarasinghe, Professor & Chancellor, Ocean University of Sri Lanka and President, Sri Lanka Forum for Small Scale Fisheries (SLFSSF)

Developing the Blue Economy

Developing the Blue Economy
Author: Robert C. Brears
Publisher: Springer Nature
Total Pages: 338
Release: 2021-10-20
Genre: Political Science
ISBN: 3030842169
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Traditionally, the ocean economy is viewed solely as a mechanism for economic growth. In this business-as-usual approach, large-scale industrial economies have developed the ocean economy through the exploitation of maritime and marine resources, often without consideration of how those activities impact the future health or productivity of those same resources. This has led to aquatic ecosystems being viewed and treated as limitless resources; the marine environment becoming a dumping ground for waste; overfishing diminishing fishing stocks; ocean habitats being degraded from coastal developments; sea-level rise impacting coastal communities and infrastructure; increasing ocean acidification; and the marginalisation of poor coastal communities. Recognising the failings of the traditional ocean economy, there is a transition underway around the world towards the Blue Economy. This concept moves beyond the business-as-usual approach with economic development and ocean health complementary to one another. In the Blue Economy, the environmental risks of and ecological degradation from economic activity are mitigated or significantly reduced. Therefore, economic activity is in balance with the long-term capacity of the ocean ecosystems to support this activity and remain healthy and resilient. This book will provide an overview of the various technologies used to promote cross-sectoral and multi-scalar collaboration, facilitate the integrated management of sectors and resources, foster partnerships between governments and industry, encourage R&D in new technologies in resource use and management, and scale-up innovative financing mechanisms in the development of a Blue Economy. Also, the book will contain in-depth case studies that illustrate how locations, of differing climates, lifestyles and income levels, have implemented technologies to facilitate the development of the Blue Economy. Developing the Blue Economy will provide an accessible resource for practitioners and researchers working in the field on the various innovative technologies being implemented around the world to create a Blue Economy.