Market-based solution makes the case for blue carbon
Over 120 million tonnes of carbon dioxide equivalent could be sequestered every year by 2050 by applying a market-based solution (MBS) to global fisheries that would allow fishers to decide whether – at certain times – it is more profitable to go fish or to remain at port.
For a prosperous Blue Economy, everyone must be involved
Women make up 85% of ocean sectors, but are invisible in fisheries management positions, with marine policies often undermining their livelihoods and wellbeing. They are often not included in any decision-making processes and their dependency and contributions to the Blue Economy are neglected.
Countries likely missing out on revenue from catch share fisheries
Despite harvesting an estimated global value of US$17.7 billion worth of fish, many catch share fisheries may be paying little or no royalties on their harvests, with countries likely foregoing this potential source of revenue.
2021 World Ocean Day – Dr. Louise Teh
Thirty per cent of the world’s oceans cannot be closed without political will and without consideration of the economic toll doing so would take on many coastal communities.
Study identifies major barriers to financing a sustainable ocean economy
A Paris Agreement type effort may be required to financing a sustainable global ocean economy that benefits society and businesses in both developing and developed countries.
2021 World Ocean Week – June 7-11
We asked ocean researchers from the IOF to envision how the target of protecting at least 30% of the world’s oceans by 2030 might be achieved.
The Blue Economy is more than just resources – it also has to focus on social equity and governance
A recent UBC-led study found that socioeconomic and governance conditions such as national stability, corruption and human rights greatly affect the ability to achieve a Blue Economy.
IOF joins the Nippon Foundation’s Ocean Nexus Center
Ocean Nexus research at IOF will focus on marine pollution and ocean acidification, and on social and economic measures related to the ‘Blue Economy’
Achieving a safe and just future for the ocean economy
With economic potential of the oceans expected to double to US$3 trillion by 2030, growth should be effectively managed so that it is sustainable and equitable.