Blue economy

Blue Circular Economy

Gunter Pauli defines the Blue Economy as having the ability to “respond to basic needs of all with what you have, introducing innovations inspired by nature, generating multiple benefits, including jobs and social capital, offering more with less.”

The infographic as produced by The Ellen MacArthur Foundation illustrate the concept.

Courtesy: The Ellen MacArthur Foundation –https://www.ellenmacarthurfoundation.org

Gunter Pauli's Case Studies

The Blue Economy is also synonymous with The Ocean Economy as illustrated by the European Commission.

Dr Gunter Pauli, the foremost exponent of the Blue Economy documented 101 practical case studies within the Blue Economy. Read more here…

Cases 1 to 100

Cases 101 - 112

Blue Ocean Economy

Coasts and oceans are some of the most productive ecosystems on the planet, providing an array of services that directly and indirectly support economic activity and growth. Services including protection from natural hazards; weather regulation; shoreline stabilization; carbon sequestration; wild-catch fisheries; energy from wind, waves and offshore oil; sea bound trade; tourism; and many others all provide the foundation for an estimated 3 to 5 trillion dollars of annual global ocean economic activity. In some East Asian countries, the ocean economy can account for 15-20% of total GDP.

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Ocean Economy Industries

Eight of the top fifteen fish producing countries in the world are in East Asia, with exports valued at $136 billion. Asia accounts for 84 percent of all people employed in the fisheries and aquaculture sector worldwide and 68 percent of the global fishing fleet. By 2030 Asia could consume 70% of fish globally.

Ninety percent of all goods in the world are transported via shipping. Five out of the top six shipping economies in the world are located in East Asia, along with nine of the top ten busiest container ports (by volume).

Travel and tourism generates US$7.6 trillion annually—9.8% of total world GDP—and support 1 in every 11 jobs. Eighty percent of all tourism takes place in coastal areas, with beaches and coral reefs amongst the most popular destinations. International tourism in Asia-Pacific has shown stronger growth than other parts of the world.

Asia’s demand for energy is expected to increase 40 percent by 2022, and China will become the world’s top consumer of oil. Globally, offshore fields could account for 34% of worldwide crude oil production by 2025. Asia will be the primary global buyer of liquefied natural gas (LNG) in the coming decade, requiring substantial coastal infrastructure.

Asia accounts for nearly half of all global manufacturing output, half of this from China. The ASEAN region accounts for 7% of global exports, making it the fourth-largest exporting region in the world, from auto-parts in Thailand to apparel and textiles in Vietnam. The top 5 shipbuilding countries in the world are all in East Asia.

Demand for metals continues to increase, but known reserves of certain resources are dwindling. The ocean floor contains economically valuable mineral deposits including gold, copper, cobalt, nickel and rare-earth minerals. Some deep sea deposits contain ores with up to 10 times the proportion of metal compared to deposits found on land.

Technically exploitable marine-based renewable sources hold the potential to more than meet all current global energy needs. Asia Pacific is expected to reach 1.5GW of new wind energy capacity by 2020, and governments in the region are actively seeking ways to develop marine energy resources including wave, tidal, thermal gradient and biomass.

The marine environment offers a new frontier of biological resources for developing a range of products from pharmaceuticals and chemicals to personal care products. The demand for pharmaceuticals from marine species is anticipated to grow to $8.6 billion by 2016. China, Korea, Japan, Malaysia and the Philippines all consider marine biotechnology in their investment strategies and growth plans.

A significant market need exists for companies providing marine technology and environmental services including oil spill response, environmental consulting, marine scientific services and IT and data solutions, among others. For instance, wastewater treatment technology and services are needed to address the 65% of all sewage in Asia that’s dumped into the ocean without any treatment. IT-enabled solutions are needed for combating illegal, unreported and unregulated (IUU) fishing, an issue costing an estimated $23.5 billion annually.

Courtesy: Pemsea http://www.pemsea.org

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