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.

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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