The Blue Economy
Transport and Freight Logistics
TSO – Built Environment
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By Simone Smith-Godfrey
Senior Researcher - TFL
Contents
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Background
Definition
Minimum Criteria
Components
Sectors
Growth Areas
Background to the Blue Economy
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Globally economic relationships with the oceans are evolving.
Currently the setting for international commerce and transport, a significant source of
food and energy, the oceans’ contribution to countries are already important.
Growing familiarity with the oceans environment, new technologies for ocean
resource exploitation, longer- term growth and demographic trends, food security and
alternative sources of minerals and energy, increased seaborne trade as well as rapid
coastal urbanization are drivers of the evolving relationship
globally through new national ocean development plans, governments are focusing
on the oceans for a source of jobs, innovation and competitive advantages
This gathering trend of expansion and acceleration of human activity in and around
the ocean, is seen as the industrialization of the oceans.
“blue economy” concept has its origins in the broader green movement and describes
a sustainable balance between economic growth and ocean health
Definition of the Blue Economy
Working Definition – SIDS Concept Paper, World Bank
• Marine-based economic development leading to improved well-being and
social equity, whilst reducing environmental risks and ecological scarcities.
• Reframing the oceans as “development spaces” subject to spatial planning
• Incorporating the value of the oceans into economic decision making
• Establishing policies that favour low-carbon, resource-efficient, and socially
inclusive development
• Prioritizing the use of the oceans to benefit people, alleviate poverty,
generate employment and promote equity
• Decoupling socio-economic development from environmental degradation
• Improving relevant international law and governance mechanisms
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Minimum Criteria for a Blue Economy
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Human needs are addressed – securing need for food, water, energy,
materials, recreation and health, as well as jobs, livelihoods, community life
and political stability
Ecosystem sustainability – ensuring that resources are grown, harvested,
processed, used and recycled in a way that promotes improvement of the
biodiversity and productivity of the supporting environment
System approach – applying tools of systems thinking, modelling and
integrated planning inclusive of inter-linkages between and among different
economic activities and ecosystems
Sustainability standards – following global standards and guidelines for
sustainable business operations, investment and development, with margin
for continuous refinement and improvement
Components of the Blue Economy
Type of Activity
Ocean Service
Harvesting
of living
Resources
Food Security
Extraction
of nonliving
Resources
Minerals
Generation
of new
Resources
Commerce
and Trade
Response
of Ocean
Health
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Established
Industries
Fisheries
Emerging
Industries
Aquaculture
Pharmaceuticals
Marine Bio-technology
Growth Drivers
Population Growth, Coastal
Urbanization, Food Security Demands,
Seafood Demand
Chemicals
Healthcare, Medical Industry, Beauty
Industry, Cosmetic Industry
Seabed Mining
Deep Sea Mining
Heavy Industries
Demand for Minerals
Manufacturing Industry Demand
Oil and Gas
Exploration
Oil & Gas Derivative
Products
Existing Energy Demand, Oil & Gas
Derivative Products Demands
Energy
Alternative Energy
Renewable Energy
Energy Demand, International Energy
Regulation
Metals
Wave Energy
Existing Fresh Water Demand, Water
Stocks, Water Management
Water
Desalination
Electrochemical Mediation
Transport and Trade
Shipping, Ports
Infrastructure & Services
Energy Source Changes,
Cabotage
Growth in Seaborne Trade, International
Regulations, Globalization
Tourism and Recreation
Tourism and Coastal
Development
Eco-Tourism, Marine Real
Estate, Marine Heritage
Growth in Tourism, Urbanization,
Preservation & Conservation Demands
Ocean Monitoring &
Surveillance
Information Technologies
Ocean Technologies
R & D in Ocean Technologies
Blue Carbon
Coastal Governance
National Carbon
Regulations
National Security
Ocean Pollution
Salvage & Towage
Carbon Sequestrations
Cabotage, Habitat
Protection & Restoration
Wreck Removals &
Restoration, Pollution &
Waste Technologies
International Carbon Regulations
Growth in Tourism,
Urbanization,
Preservation &
Conservation
Demands
Blue Economy Sectors
Marine
Mining
Coastal
Tourism
Offshore Oil
and Gas
Aquatic
Production
Deep Sea
Shipping
Short Sea
Shipping
Desalination
Yachting and
Marinas
Biotechnology
Blue
Economy
Monitoring
and
Surveillance
Ferry Services
Offshore
Energy
Cruise
Tourism
Coastal
Protection
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Fisheries
Inland
Waterways
Real Estate
Inland
Waterways
Tourism
Inland
Waterways
Transport
Blue Economy Growth Focus Areas
Blue Energy
Inland Transport
Inland Infrastructure
Inland
Inland Services
Waterways
Inland Real Estate
Inland Navigation and Traffic Management
Inland Marinas and Yachting
Gene Sequencing Technologies
Tidal Barrage
Wave Energy
Ocean Thermal Energy Conversion
Food Security
Animal Feed
Marine,
Coastal and
Cruise
Tourism
Maritime Heritage
Passenger Ferry Infrastructure
and Services
Shoreline Activities
Open Water Activities
Blue Economy
Growth Focus
Areas
Blue BioTechnology
Marine
Mineral
Resources
Shallow Water Mining
Deep Sea Mining
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Aquaculture
Thank you
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SSmith1@csir.co.za