18 January 2024 | Sahil Narwal, Manpreet Kaur, Digvijay Singh Yadav and Felix Bast
The chapter "Sustainable Blue Economy: Opportunities and Challenges" by Sahil Narwal, Manpreet Kaur, Digvijay Singh Yadav, and Felix Bast discusses the concept of the blue economy, which aims to sustainably utilize ocean resources for economic growth, job creation, and environmental health. The term was first introduced in 2010 and has gained significant attention since the United Nations Conference on Sustainable Development in Rio de Janeiro in 2012. The chapter highlights the importance of oceans, which cover 72% of Earth's surface and support a diverse ecosystem, while also absorbing a significant portion of atmospheric CO₂.
The blue economy encompasses various goods and services, including food (fisheries and aquaculture), value-added products, offshore energy, oxygen sources, mining, fisheries, carbon sequestration, and cloud seeding. It is estimated that around 3.1 billion people depend on the sea for 20% of their animal protein intake, and over 500 million people are involved in ocean-related livelihoods. The chapter also addresses the challenges faced by the blue economy, such as global warming, ocean acidification, and the lack of knowledge about the deep sea. Other issues include harmful algal blooms, invasive species, coral bleaching, and thermohaline circulation.
The authors explore the future aspects of the blue economy, emphasizing sustainability, effective policies, and reducing carbon footprints and microplastics. They provide a comprehensive overview of the opportunities and challenges in the blue economy, highlighting the need for a balanced approach between economic development and environmental protection.The chapter "Sustainable Blue Economy: Opportunities and Challenges" by Sahil Narwal, Manpreet Kaur, Digvijay Singh Yadav, and Felix Bast discusses the concept of the blue economy, which aims to sustainably utilize ocean resources for economic growth, job creation, and environmental health. The term was first introduced in 2010 and has gained significant attention since the United Nations Conference on Sustainable Development in Rio de Janeiro in 2012. The chapter highlights the importance of oceans, which cover 72% of Earth's surface and support a diverse ecosystem, while also absorbing a significant portion of atmospheric CO₂.
The blue economy encompasses various goods and services, including food (fisheries and aquaculture), value-added products, offshore energy, oxygen sources, mining, fisheries, carbon sequestration, and cloud seeding. It is estimated that around 3.1 billion people depend on the sea for 20% of their animal protein intake, and over 500 million people are involved in ocean-related livelihoods. The chapter also addresses the challenges faced by the blue economy, such as global warming, ocean acidification, and the lack of knowledge about the deep sea. Other issues include harmful algal blooms, invasive species, coral bleaching, and thermohaline circulation.
The authors explore the future aspects of the blue economy, emphasizing sustainability, effective policies, and reducing carbon footprints and microplastics. They provide a comprehensive overview of the opportunities and challenges in the blue economy, highlighting the need for a balanced approach between economic development and environmental protection.