Aiming for a better planet and a sustainable economy, UN Environment, together with over 100 delegations, presented various commitments at the first global conference on the sustainable blue economy that took place in Nairobi, Kenya this week.
Cognizant of the potential of cross-cutting policies to drive a sustainable blue economy, UN Environment committed to lead global partnerships to map, assess and value ecosystem services. With this knowledge, different sectors that rely on oceans can make well-informed and sustainable decisions that allow both people and the seas to benefit.
With various discussions around the urgent need for effective waste management taking place at the conference, UN Environment committed to strengthening global partnerships on marine litter, nutrient management and wastewater based on the principles of circularity.
About the Blue Economy Conference
This is the first global conference on the sustainable blue economy co-hosted in Nairobi, Kenya by Canada and Japan. Held from November 26 to 28, 2018 the conference brought over 4,000 participants from around the world captured concrete commitments and practical actions that can be taken today to help the world transition to the blue economy.
About UN Environment
UN Environment is the leading global voice on the environment. It provides leadership and encourages partnership in caring for the environment by inspiring, informing, and enabling nations and peoples to improve their quality of life without compromising that of future generations. UN Environment works with governments, the private sector, civil society and with other UN entities and international organizations across the world.
Sagarmala Programme –
It has identified 600 plus projects entailing a huge investment of $120 billion (nearly Rs. 8 lakh crore) by 2020.
It saves India $6 billion per annum in logistics costs besides creating 10 million new jobs and boosting port capacity by 800 Million Metric Tonne per Annum (MMTPA) to an overall 3500 MMTPA.
Coastal Economic Zones (CEZs) –
It is developed with a proposed investment of $150 Million per location.
It will become a microcosm of the blue economy, with the growth of industries and townships that depend on the sea and contribute to global trade through sea connectivity.
It also focuses on the development of coastal communities and people through skill gap analysis, skill development centers to train coastal communities in the sustainable use of ocean resources, modern fishing techniques, and coastal tourism.
Several green initiatives were taken in the coastal regions like 31 MW of captive solar power generation at various ports, installation of oil spill response facilities, and
Study to identify ways to re-use wastewater at ports.
Important Role of Private Sector –
The Federation of Indian Chambers of Commerce and Industry (FICCI) took lead in 2016-2017 by establishing a task force to develop a business model on India’s engagement in the blue economy sector.