{"id":48582,"date":"2021-06-17T19:49:00","date_gmt":"2021-06-17T19:49:00","guid":{"rendered":"http:\/\/dev6.blazedream.in\/ICSF\/samudra\/catch-this-moment"},"modified":"2021-08-23T06:50:01","modified_gmt":"2021-08-23T06:50:01","slug":"catch-this-moment","status":"publish","type":"samudra","link":"https:\/\/www.icsf.net\/samudra\/catch-this-moment\/","title":{"rendered":"Catch this Moment"},"content":{"rendered":"

Report \/ Blue Economy<\/p>\n

Catch this Moment<\/strong><\/p>\n

Reflections on the \u0091Towards an Inclusive Blue Economy’ conference organized by the International Institute for Environment and Development in London in February 2019<\/strong><\/p>\n


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This article is by Hanna Wetterstrand <\/strong> (hanna.wetterstrand@su.se<\/a>), Marine Programme Officer, SwedBio at the Stockholm Resilience Centre, Stockholm University, Stockholm, Sweden <\/em><\/p>\n


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Behind the trendy environmental terms \u0091Blue Economy’ and \u0091Blue Growth’ lies a view that the Earth’s oceans promise great untapped economic potential. The unutilized value of the oceans is estimated at US$24 trillion, including sectors like energy generation, maritime transport, tourism, capture fisheries and aquaculture. Such a Blue Economy is supposed to also cater to aspects of social and ecological sustainability. However, a Blue Economy will not become inclusive nor equitable by default. This was the starting point for the International Institute for Environment and Development (IIED) conference in London titled \u0091Towards an Inclusive Blue Economy’, held on February 25-26, 2019.<\/p>\n

The conference touched upon two main topics: the internationally legally binding instrument (ILBI) under the United Nations Convention on the Law of the Sea (UNCLOS) on the conservation and sustainable use of marine biological diversity of areas beyond national jurisdiction (BBNJ), and fiscal reforms to achieve an inclusive Blue Economy. My reflections and reporting back on insights will mainly focus on the legally binding instrument on marine biological diversity.<\/p>\n

The purpose of the BBNJ negotiations is to develop an instrument as soon as possible. Actual negotiations started in September 2018 and will end during the first half of 2020. But how do we ensure that future high-seas governance regimes or treaties are equitable and benefit all? That is how IIED framed the discussion question. Throughout the conference there was a genuine focus on the rights of small-scale fishers and vulnerable coastal communities. Even though I would have wished for more, there were at least two representatives from the small-scale fisheries sector invited as keynote speakers.<\/p>\n

A brief insight into the implications of these negotiations shows they are presented as structured around four main areas:<\/p>\n