The Blue Economy discussions have accelerated since Rio+20, the 20th anniversary of the United Nations Conference on Sustainable Development (UNCSD), held in Rio de Janeiro, Brazil on June 20-22, 2012. A “Blue Economy” approach to sustainable growth usually recognizes different use and non-use values of ocean and other “blue” resources. It promotes the coordination of relevant activities and industries to enhance the overall value.
This TICAD side event is organized by the State Department for Fisheries and Blue Economy, and the State Department for Shipping and Maritime Affairs of the Government of Kenya in collaboration with African Union – InterAfrican Bureau for Animal Resources (AU-IBAR), the European Union, the Deutsche Gesellschaft für Internationale Zusammenarbeit GmbH (GIZ), the Government of Japan, the Nairobi Convention/UNEP and the World Bank/GEF. It aims to raise awareness on the importance of the Blue Economy and sustainable ocean development, and to promote actions toward successful Blue Economy while ensuring healthy ecosystems.
It will accomplish these specific objectives:
- bring African states together to have a common understanding of the Blue economy and its regional dimensions in order to benefit from the economic potential that healthy oceans, seas and coasts offer and from their potential to meet the needs for nutrition and food security, jobs, improved livelihoods, and climate change mitigation and adaptation;
- learn from existing blue economy initiatives in order to inform countries’ own strategies for managing and developing a healthy and productive ocean space;
- share vision, lessons and key challenges in developing sustainable Blue economy including inter alia:
- building the maritime capacity in Africa and harnessing stakeholders’ commitment and contributions for Africa’s maritime education and training;
- exchanging experiences on how to modernize infrastructure and practices to enhance values generated from fisheries and coastal aquaculture;
- strengthening the governance and management of marine fisheries; and
- improving the enabling environment for investment; and
- discuss and create partnerships for resource mobilization and capacity building for key activities toward successful Blue Economy. This includes collection, management and sharing of key blue data, applied research for further generation of practical knowledge, and monitoring and mitigating of the environmental impacts of various blue-economy activities on ecosystems and biodiversity in order to minimize environmental risks to a healthy and productive ocean.