The Potential of the Blue Economy : Increasing Long-term Benefits of the Sustainable Use of Marine Resources for Small Island Developing States and Coastal Least Developed Countries

This report was drafted by a working group of United Nations entities, the World Bank, and other stakeholders to suggest a common understanding of the blue economy; to highlight the importance of such an approach, particularly for small island developing states and coastal least developed countries;...

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Main Authors: World Bank, United Nations Department of Economic and Social Affairs
Format: Report
Language:en_US
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://hdl.handle.net/10986/26843
id okr-10986-26843
recordtype oai_dc
spelling okr-10986-268432021-05-25T09:00:32Z The Potential of the Blue Economy : Increasing Long-term Benefits of the Sustainable Use of Marine Resources for Small Island Developing States and Coastal Least Developed Countries World Bank United Nations Department of Economic and Social Affairs FISHERIES MARINE RESOURCES AQUACULTURE TOURISM BIOTECHNOLOGY BIOPROSPECTING EXTRACTIVE INDUSTRIES DESALINATION RENEWABLE ENERGY TRANSPORT PORTS SHIPPING WASTE MANAGEMENT OCEANS COASTAL LAND This report was drafted by a working group of United Nations entities, the World Bank, and other stakeholders to suggest a common understanding of the blue economy; to highlight the importance of such an approach, particularly for small island developing states and coastal least developed countries; to identify some of the key challenges its adoption poses; and to suggest some broad next steps that are called for in order to ensure its implementation. Although the term “blue economy” has been used in different ways, it is understood here as comprising the range of economic sectors and related policies that together determine whether the use of oceanic resources is sustainable. An important challenge of the blue economy is thus to understand and better manage the many aspects of oceanic sustainability, ranging from sustainable fisheries to ecosystem health to pollution. A second significant issue is the realization that the sustainable management of ocean resources requires collaboration across nation-states and across the public-private sectors, and on a scale that has not been previously achieved. This realization underscores the challenge facing the Small Island Developing States (SIDS) and Least Developed Countries (LDCs) as they turn to better managing their blue economies. 2017-06-02T16:42:19Z 2017-06-02T16:42:19Z 2017-06 Report http://hdl.handle.net/10986/26843 en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper Caribbean Oceania
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language en_US
topic FISHERIES
MARINE RESOURCES
AQUACULTURE
TOURISM
BIOTECHNOLOGY
BIOPROSPECTING
EXTRACTIVE INDUSTRIES
DESALINATION
RENEWABLE ENERGY
TRANSPORT
PORTS
SHIPPING
WASTE MANAGEMENT
OCEANS
COASTAL LAND
spellingShingle FISHERIES
MARINE RESOURCES
AQUACULTURE
TOURISM
BIOTECHNOLOGY
BIOPROSPECTING
EXTRACTIVE INDUSTRIES
DESALINATION
RENEWABLE ENERGY
TRANSPORT
PORTS
SHIPPING
WASTE MANAGEMENT
OCEANS
COASTAL LAND
World Bank
United Nations Department of Economic and Social Affairs
The Potential of the Blue Economy : Increasing Long-term Benefits of the Sustainable Use of Marine Resources for Small Island Developing States and Coastal Least Developed Countries
geographic_facet Caribbean
Oceania
description This report was drafted by a working group of United Nations entities, the World Bank, and other stakeholders to suggest a common understanding of the blue economy; to highlight the importance of such an approach, particularly for small island developing states and coastal least developed countries; to identify some of the key challenges its adoption poses; and to suggest some broad next steps that are called for in order to ensure its implementation. Although the term “blue economy” has been used in different ways, it is understood here as comprising the range of economic sectors and related policies that together determine whether the use of oceanic resources is sustainable. An important challenge of the blue economy is thus to understand and better manage the many aspects of oceanic sustainability, ranging from sustainable fisheries to ecosystem health to pollution. A second significant issue is the realization that the sustainable management of ocean resources requires collaboration across nation-states and across the public-private sectors, and on a scale that has not been previously achieved. This realization underscores the challenge facing the Small Island Developing States (SIDS) and Least Developed Countries (LDCs) as they turn to better managing their blue economies.
format Report
author World Bank
United Nations Department of Economic and Social Affairs
author_facet World Bank
United Nations Department of Economic and Social Affairs
author_sort World Bank
title The Potential of the Blue Economy : Increasing Long-term Benefits of the Sustainable Use of Marine Resources for Small Island Developing States and Coastal Least Developed Countries
title_short The Potential of the Blue Economy : Increasing Long-term Benefits of the Sustainable Use of Marine Resources for Small Island Developing States and Coastal Least Developed Countries
title_full The Potential of the Blue Economy : Increasing Long-term Benefits of the Sustainable Use of Marine Resources for Small Island Developing States and Coastal Least Developed Countries
title_fullStr The Potential of the Blue Economy : Increasing Long-term Benefits of the Sustainable Use of Marine Resources for Small Island Developing States and Coastal Least Developed Countries
title_full_unstemmed The Potential of the Blue Economy : Increasing Long-term Benefits of the Sustainable Use of Marine Resources for Small Island Developing States and Coastal Least Developed Countries
title_sort potential of the blue economy : increasing long-term benefits of the sustainable use of marine resources for small island developing states and coastal least developed countries
publisher World Bank, Washington, DC
publishDate 2017
url http://hdl.handle.net/10986/26843
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