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THE Blue Economy FROM CONCEPT TO REALITY IN THE CARIBBEAN

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Presentation on theme: "THE Blue Economy FROM CONCEPT TO REALITY IN THE CARIBBEAN"— Presentation transcript:

1 THE Blue Economy FROM CONCEPT TO REALITY IN THE CARIBBEAN
Dr Julian Roberts Adviser (Ocean Governance) The Commonwealth

2 INSANITY – doing the same thing over and over again expecting different results…..
Albert Einstein

3 What is the Blue Economy?
“economic activities that directly or indirectly take place in the ocean, use outputs from the ocean, and put goods and services into ocean’s activities” Source: The Economist Intelligence Unit, 2015

4 What is the Blue Economy?
Tourism Beach tourism Cruise ships Yachting Fisheries Recreational / subsistence Sport fishing Commercial Mariculture Conservation & environmental protection Marine protected areas Goods and services Amenity values Maritime transport & ports Maritime industry International shipping Port and harbour facilities Offshore Petroleum Crude oil Natural gas Dredging & aggregate extraction Sand mining Port dredging

5 What is the Blue Economy?

6 The G20 and the Blue Economy
Integrating developing and low-income countries into the world economy Creating better quality jobs Better integration of SMEs Food security with a focus on sustainable food systems Human resource development Energy sustainability and renewable energy investment

7 Goals for the blue economy
Economic diversification Creation of high value jobs Ensure food security Managing and protecting the marine environment

8 Future blue growth opportunities
Mariculture Blue Bio- technology Marine Renewable Energy Blue Finance

9 What is already happening?
Carbon War Room Renewable Energy Caribbean Challenge Initiative (CCI) Eastern Caribbean Regional Ocean Policy

10 Enablers for change Healthy, resilient & productive marine environment
Ocean governance Technology, research & development Business development, investment & finance Maritime surveillance & enforcement Education & capacity building Infrastructure

11 Malama o kekai, kekai o ke malama Thank You For Listening
Take care of the ocean and the ocean will take care of you Thank You For Listening


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