Blue Economy

According to the World Bank, the blue economy is the “sustainable use of ocean resources for economic growth, improved livelihoods, and jobs while preserving the health of ocean ecosystem.” European Commission defines it as “All economic activities related to oceans, seas and coasts.

The economic philosophy of the Blue Economy was first introduced in 1994 by Professor Gunter Pauli at the United Nations University (UNU).

The concept became significant since the Third Earth Summit Conference – Rio+20 in 2012.

This philosophy underpins the objective behind the Commonwealth Blue Charter, highlighting the close linkage between the ocean, climate change, and the well-being of the people.

International

Indian fisheries sector sees a paradigm shift from marine to inland

Transforming from marine-dominated to inland-dominated, Indian fisheries have undergone a fundamental change. Furthermore, the inland fisheries have shifted from capture-based…

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Fisheries

Bangladesh struggles to tap deep sea fishing potential in the Bay of Bengal

Despite possessing a vast exclusive economic zone inside the Bay of Bengal, Bangladesh solely utilizes marine resources from four zones…

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Fisheries

The Blue Economy: A catalyst for economic growth and development in coastal Bangladesh

The Blue Economy, which includes the use of marine resources, seeks to boost economic growth by exploiting resources in a…

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Fisheries

Untapped potential: blue economy brimming with promise in Bangladesh

Blue economy aims to improve livelihoods, grow the economy, and develop the ocean ecosystem through the sustainable use of ocean…

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News

Bangladesh seafood export can earn $5B within next 5 years: BIDA Chairman

Bangladesh Investment Development Authority (BIDA) and Solidaridad Network Asia (SNA) have signed a Memorandum of Understanding (MoU) to boost the…

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News

The essential functions of blue food

Blue foods, which include fish, shellfish, algae, and aquatic plants sourced from both freshwater and marine ecosystems, have emerged as…

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Fisheries

Potential species for mariculture in Bangladesh’s coastal water bodies

The expansion of mariculture along the coast would be beneficial to Bangladesh’s food security, social and economic well-being. Aquaculture, on…

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News

Gracilaria seaweed farming, a path to sustainable coasts and better livelihoods

WORLDFISH has started a project called “Seaweed and Green Mussel production” for “Alternative income generating activities for poor coastal communities”.…

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Fisheries

Mariculture, a potential industry to add earnings in Bangladesh’s economy

Mariculture or marine farming refers to the raising of marine organisms for harvest in seawater. It can be done in…

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Market

Seaweed can contribute to the Blue Economy of Bangladesh

Experimental cultivation of two species of seaweed first began at Saint Martin’s Island in 2010. Since 2016, Bangladesh Agricultural Research…

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