Capital to finance the transformation to a sustainable ocean economy will be … The leaders of Australia, Canada, Chile, Fiji, Ghana, Indonesia, Jamaica, Japan, Kenya, Mexico, Namibia, Portugal and Ocean Panel co-chairs Norway and Palau today released the Transformations for a Sustainable Ocean Economy: A Vision for Protection, Production and Prosperity. There is plenty of capital to finance the transformation to a sustainable ocean economy, says the High Level Panel for a Sustainable Ocean Economy. The cookie is used to store the user consent for the cookies in the category "Performance". This assessment informed the Ocean Panel’s action agenda ‘Transformations for a Sustainable Ocean Economy’ which has a headline commitment to sustainably manage 100% of the ocean by focusing on five key pillars: Ocean Wealth, Ocean Health, Ocean Equity, Ocean Knowledge and Ocean Finance. Found insideThe Ocean and its Wonders is a classic nature study about ocean habitats. Putting sustainability at the heart of ocean management is essential for protection, production and prosperity that benefits people, nature and the economy. Urge leaders of governments, industries, civil society, the financial community and others to support #OceanAction100. When Ray the flashlight fish gets scared, he starts to glow. networks; and 3) initiatives to improve measurement of the ocean economy via satellite accounts. Build partnerships to increase research, innovation, and deployment of urban mining (reclaiming and recycling metals from spent products, buildings and waste), and of innovative technologies that will reduce the need for new sources of metals and rare earth minerals. In this enlightening book, licensed psychotherapist Sonia Abel presents 52 easy to use practices that she has learned and used herself; both on her own journey of spiritual and personal growth, as well as with her clients as a transpersonal ... While global awareness and action has been increasing, it has not been sufficient to prevent an increase in #oceanpollution. Hence, this volume explores the opportunities, threats and risks involved in operationalising the Blue Economy in the Wider Caribbean Region, defined as northern Brazil to the USA and all mainland and island countries and territories in ... OECD. World Resources Institute has established a world-class and globally-representative Secretariat to serve Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. This publication is based on research and analytical work conducted by the OECD Ocean Economy Group in the Science and Technology Policy Division, within the Directorate for Science, Technology and Innovation (STI). We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. The Ocean Panel developed a transformative set of recommendations and actions to advance a sustainable ocean economy, prioritizing a healthy ocean alongside sustainable production to benefit people everywhere. This website uses cookies to improve your experience while you navigate through the website. However, you may visit "Cookie Settings" to provide a controlled consent. As a member of the High Level Panel for a Sustainable Ocean Economy, Prime Minister Trudeau, along with thirteen other heads of state or government, announced Canada’s endorsement of the Transformations for a Sustainable Ocean Economy: a Vision for Protection, Production and Prosperity on December 2, 2020. This response, although necessary, has further accentuated the need to stop waste from entering the ocean. Ensure that regulations for seabed mineral mining—under development by the International Seabed Authority—provide effective protection of marine environments by applying a precautionary and ecosystem-based approach, using science-based and transparent management, and ensuring effective compliance with a robust inspection mechanism. By clicking “Accept All”, you consent to the use of ALL the cookies. Transformations outlines a set of priority ocean actions that countries can take to build a sustainable blue economy across five areas: ocean wealth, ocean health, ocean equity, ocean knowledge, and ocean finance, as well as a commitment to sustainably manage 100 percent of the ocean area under national jurisdiction by 2025, guided by sustainable ocean plans. In a sustainable ocean economy, effective protection, sustainable production and equitable prosperity go hand in hand to create a triple win for people, nature and the economy. Found insideThis new OECD report on the ocean economy emphasises the growing importance of science and technologies in improving the sustainable economic development of our seas and ocean. The Ocean Panel developed a transformative set of recommendations and actions to advance a sustainable ocean economy, prioritizing a #healthyocean alongside sustainable production to benefit people everywhere. This website uses cookies to provide you with an improved user experience. TWI2050. Island nations have benefited from their ocean resources, with marine uses and activities contributing to their economic development. These Principles provide a definition of a Sustainable Blue Economy and a This webinar is the U.S. launch of the Ocean Panel’s policy agenda, Transformations for a Sustainable Ocean Economy: A Vision for Protection, Production and Prosperity, and a new report commissioned by the Ocean Panel that finds we do not have to choose between ocean protection and production – we can do both. , marine justice, marine knowledge, and marine finance. This cookie is set by GDPR Cookie Consent plugin. Only nineteen years old, Nameh is already one of the best Guardians in the Academy. Such investments will create jobs and build connectivity and the long-term resilience of global supply chains and island and coastal communities to future crises. Scale up environmentally responsible commercial farming of seaweed and algae to provide food and create alternatives for products such as fuels, aquaculture and agriculture feedstocks, biotech, and viable and sustainable. The ocean gives us life. The leaders of Australia, Canada, Chile, Fiji, Ghana, Indonesia, Jamaica, Japan, Kenya, Mexico, Namibia, Portugal and Ocean Panel co-chairs Norway and Palau today released the Transformations for a Sustainable Ocean Economy: A Vision for Protection, Production and Prosperity. The connection between the land and the ocean must be understood to address systemic sources of ocean pollution. On 14 Jan 2021, at 15:00 CET, the Embassies of Norway, Australia, Canada, Chile, Jamaica and Mexico and World Resources Institute (WRI) are co-hosting a webinar "The Path to a Sustainable Ocean Economy: U.S. launch of the ocean panel transformations and report".. As the world looks to recover from COVID-19 and the economic fallout, a sustainable ocean economy can help … Advance carbon capture and storage in the sub-seabed through international collaboration, appropriate incentives and mapping the storage potential of sub-seabed geological formations. generations to come. The ocean economy, which contributes upwards of $1.5 trillion in value added to the global economy, was particularly hard hit by the COVID-19 pandemic, with a projected loss of $1.9 billion for international shipping carriers alone. Follow @oceanpanel as the hub of an outstanding international research and communications network and support the work of The leaders of 14 countries have put forward a new ocean action agenda underpinned by sustainably managing 100% of national waters. 2 High Level Panel for a Sustainable Ocean Economy N osotros, los 14 miembros del Panel de Alto Nivel para una Economía Oceánica Sostenible (el Ocean Panel), somos jefes de estado y de gobierno que representamos a personas de todas las cuencas oceánicas, a casi el 40% de las costas y al 30% de las zonas económicas exclusivas del mundo. transport our people and goods and provide innovative solutions to global challenges. Covering over 70% of Earth’s surface, oceans are a natural asset, which, along with soils and forests, make up the world’s stock of natural capital. The ocean economy is defined by the OECD as the sum of the economic activities of ocean-based industries, together with the assets, goods and services provided by marine ecosystems. Over the next decade about US$90trn is projected to be invested in infrastructure alone, much of it on the coast. Sufficient knowledge and regulations are in place to ensure that any activity related to seabed mining is informed by science and ecologically sustainable. (International Institute for Applied Systems Analysis, 2018). Scaling up ocean-based renewable energy will generate jobs and boost economic development while providing a pathway to decarbonisation. endeavour. These cookies ensure basic functionalities and security features of the website, anonymously. Found inside – Page 15The concept of the marine or “blue” economy has emerged in recent years to encompass the sustainable economic development of the global oceans and coasts ... Found insideThis report explores the growth prospects for the ocean economy, its capacity for future employment creation and innovation, and its role in addressing global challenges. Special attention is devoted to the emerging ocean-based industries. Found insideSecond, it has the scope to broaden economic value added with new clusters such as aquaculture, renewable marine energy, seaweed transformation, cosmetic, ... The agenda document ‘Transformation for a Sustainable Ocean Economy: A Vision for Protection, Empowerment and Prosperity’ was launched by the 14 countries on Wednesday (2/12), and includes 74 priority actions that focus on five areas, namely marine wealth, marine health. Found inside – Page 29... fuels in energy transformation other than electricity and heat generation; ... fronts to support the transition to a more sustainable ocean economy. Transformations for a Sustainable Ocean Economy The Ocean Panel developed a transformative set of recommendations and actions to advance a sustainable ocean economy, prioritizing a healthy ocean alongside sustainable production to benefit people everywhere. The Economic Imperative to Revive Our Oceans. The ocean has become a sink for pollutants including plastics, chemicals, nutrients, and wastewater. The following is an adapted working definition: A sustainable ocean economy emerges when economic activity is in balance with the long-term capacity of ocean ecosystems to support this activity and remain resilient and healthy. Initiate an international research agenda to improve understanding of the environmental impacts and risks of seabed mineral activities (especially regarding deep #oceanecosystems). Crucially, a healthy ocean holds the solutions to many of the world’s challenges. A clean and healthy ocean is crucial for meeting the world’s most vital needs - and for achieving the UN Sustainable Development Goals. Promote fair and equitable sharing of benefits from research and development from marine genetic resources within national waters. Found inside – Page 9Creative Industries and Sustainable Development in Small Island Developing States Peter Rudge. creative, knowledge-based economies and their implementation ... It also includes a very helpful conclusion spelling out the theory of wage and price controls. This book is a treasure, and super entertaining! Implement the Ocean-Panel’s Call to Ocean-Based Climate Action by scaling up investments in ocean-based renewable energy, green shipping, sustainable seafood production, nature-based solutions and carbon capture and storage in sub-seabed geological formations. These cookies track visitors across websites and collect information to provide customized ads. This cookie is set by GDPR Cookie Consent plugin. We have a collective opportunity and responsibility to protect and restore the health of our ocean, and Found inside – Page 179... includes the following: Africa's Blue economy which is three times the size of its landmass, shall be a major contributor to continental transformation ... This can be achieved by systemic change in five key areas (ocean health, ocean wealth, ocean equity, ocean finance and ocean knowledge) with priority actions to embark on a path to a sustainable blue economy by 2030. Your Precious Life What are you doing with yours? Let me share with you all my two intentions for writing this book. Coastal communities were hardest hit, with an estimated $7.4 billion fall in GDP across Small Island Developing States due to the decline in … The health of the ocean, and the livelihoods and economies that depend on it, requires the world to urgently reduce greenhouse gas emissions in line with the goals of the Paris Agreement. This . Found inside – Page 1738.6.4.2 Sustainable Ocean Economy To improve and strengthen the China's ocean economy, the following measures will be taken: promote transformation and ... The 14 world leaders of the Ocean Panel committed to sustainably manage 100% of the ocean area under their national jurisdiction by 2025, guided by Sustainable Ocean Plans. The sensitivity of these ecosystems, our insufficient scientific knowledge and our limited understanding of the potential impacts of emerging ocean activities requires applying a precautionary approach, undertaking research and investigation, and developing a circular economy to reduce demand and help mitigate these risks. The Ocean Renewable Energy Action Coalition (OREAC) was formed in response to the 2019 call for ocean-based climate action by the High-Level Panel for a Sustainable Ocean Economy (Ocean Panel), and represents ocean energy in the global dialogue on a sustainable ocean economy. info@oceanpanel.org Found inside – Page 95The “blue economy” is defined by the World Bank as the sustainable use of ocean ... for a Sustainable Blue Economy's Transformations for a Sustainable Ocean ... World Resources Institute has established a world-class and globally-representative Secretariat to serve as the hub of an outstanding international research and communications network and support the work of the Ocean Panel, the Expert Group and the Advisory Network. Ban the use and carriage for use of heavy fuel oil in the Arctic through the IMO, and welcome other similar initiatives. It always will. We also use third-party cookies that help us analyze and understand how you use this website. the Ocean Panel, the Expert Group and the Advisory Network. The present decade must be a period of radical transformation because what we do now will be crucial for the future of the oceans’ health. We have a collective opportunity and responsibility to protect and restore the health of our ocean, and build a sustainable ocean economy that can provide food, empower coastal communities, power our cities, transport our people and goods and … Invest in research, technology development and demonstration projects to help make all forms of ocean-based renewable energy—including wind, wave, tidal, current, thermal, and solar—cost-competitive, accessible to all and environmentally sustainable. build a sustainable ocean economy that can provide food, empower coastal communities, power our cities, Technology to decarbonise and minimise the negative environmental impacts of marine transport exists but must be brought to scale. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. Ocean Finance. Incentivise sustainable, low-carbon ports that support the transition to decarbonised marine transport and shipping fleets through renewable energy and zero-carbon fuel supply chains. The ocean gives us so much. 4. The book assesses the overall potential of the Ocean Economy (OE) to contribute to Mauritius' development, identifies key sectoral and cross-cutting challenges to be overcome in order to seize that potential, and evaluates ways to ensure ... The G20 Osaka #BlueOceanVision and the #OceanPlasticsCharter further recognise the importance of embracing a lifecycle and circular economy approach. A sustainable ocean-based economy can play an essential role in this much needed emissions reduction, while providing jobs, supporting food security, sustaining biological diversity, and enhancing resilience. The High-Level Panel for a Sustainable Ocean Economy has developed a broad and ambitious agenda for transformation. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. The High Level Panel for a Sustainable Ocean Economy (Ocean Panel) is a unique initiative by 14 world leaders who are building momentum for a sustainable ocean economy in which effective protection, sustainable production and equitable prosperity go hand in hand. The Ocean Panel is a unique initiative of 14 serving world leaders, supported by the United Nations … The leaders of Australia, Canada, Chile, Fiji, Ghana, Indonesia, Jamaica, Japan, Kenya, Mexico, Namibia, Portugal and Ocean Panel co-chairs Norway and Palau today released the Transformations for a Sustainable Ocean Economy: A Vision for Protection, Production and Prosperity.These world leaders understand that the ocean is central to life on earth, peoples’ livelihoods and the economy… A sustainable ocean economy. Transformations for a Sustainable Ocean Economy: A Vision for Protection, Production and Prosperity January 15, 2021 • The High Level Panel for a Sustainable Ocean Economy • Energy Solutions • Fisheries & Aquaculture • Plastics & Pollution • Shipping & Ports • Tourism The transformations document sets out a 100% vision for good ocean management, and a headline commitment to establish and enact Sustainable Ocean Plans by 2025. These transformations must unleash the full force of innovation across sectors in technology, finance and governance, and do so at pace and scale, guided by the following principles: This assessment informed the Ocean Panel’s action agenda ‘Transformations for a Sustainable Ocean Economy’ which has a headline commitment to sustainably manage 100% of the ocean by focusing on five key pillars: Ocean Wealth, Ocean Health, Ocean Equity, Ocean Knowledge and Ocean Finance. The cookies is used to store the user consent for the cookies in the category "Necessary". A high level event to launch the Ocean Panel’s Transformations and new report in the U.S., featuring a keynote from Senator Sheldon Whitehouse and conversation with leaders from government, academia, business and finance on how to build a sustainable ocean economy. It just is. This is so simple that most people do not understand it. - Ending stress It is enough to grasp deeply how things really work. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Found inside – Page 48Charting Capacity for Ocean Sustainability Intergovernmental ... how humans impact natural ocean processes to informing a sustainable blue economy. Establish early national targets and strategies to support decarbonisation of vessels. 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