Potential and opportunities of "blue economy"
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Date
2023
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Ivane Javakhishvili Tbilisi State University Press
Abstract
A common consensus among countries to understand the concept of "blue economy" and to increase the
use of the potential of the world's oceans was first achieved within the framework of the UN concept ~Rio+20~
for sustainable development in 2012. In 2015, the idea of the concept became the basis for defining the 14th
goal of sustainable development of the United Nations "Underwater resources".
The concept of "blue economy" is aimed at the systematic and sustainable development of those sectors
of the economy, which are related to the use of the resources of the world's oceans and seas, and expresses
the aspiration of the world community, between ensuring ecological security and social well-being of the
earth's population.
Description
1. Blue growth: unlocking the potential of the oceans (H2020-BG-2014-2015), Blue Growth: demonstrating an
ocean of opportunities (H2020-BG-2016-2017), Blue Growth: sustainably harvest the potential of aquatic and
marine resources, while protecting biodiversity and enhancing climate resilience (H2020-BG-2018-2020).
2. Sumaila, U.R., Walsh, M., Hoareau, K. et al. Financing a sustainable ocean economy. Nat Commun 12, 3259
(2021). https://doi.org/10.1038/s41467-021-23168-y
3. P. Ramirez-Monsalve, J Van Tatenhove ‘Mechanisms of power in maritime spatial planning processes in
Denmark, Ocean & Coastal Management’ (2020).
4. Taylor S. et al. (2017). Eunomia. Green Jobs in the Blue Economy – A Bottom-up Approach. No 11.066100/-
2015/716324/SFRA/ENV.C2 . Final Report to DG Environment of the European Commission.
5. The EU Blue Economy Report 2022. European Union, 2022.
Keywords
Citation
VIII International Scientific Conference: "Challenges of Globalization in Economics and Business", Proceedings , Tbilisi, 2023, pp. 189-196