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IMA > Posts tagged "The Blue Economy"

Mariculture in the Blue Economy: An ocean’s worth of potential for Trinidad and Tobago

Our oceans play a role bigger than most can imagine, from producing over 50% of the air we breathe, to regulating the earth’s climate. It is safe to say that life, as we know it on earth, would not be possible without our oceans. Human civilization has long relied on oceans for transport, trade, extractive resources and as a source of food. However, this reliance has led to environmental degradation and over exploitation of its resources....

Rethinking the Oceans: Transitioning to the Blue Economy

Farahnaz N. Solomon (PhD)Research Officer , Institute of Marine Affairs “There are more opportunities in the ocean than we can fathom”. Oceans cover 72% of the Earth’s surface. They support life by generating oxygen, absorbing carbon dioxide, recycling nutrients and regulating global climate and temperature. Oceans are important for fisheries, transport, and tourism – all traditional sectors of the Blue Economy. Highlighted at the 2012 Rio +20 Conference, the Blue Economy can be defined as 'the sustainable use of ocean resources for economic growth, improved livelihoods and jobs, while preserving the health of the marine and coastal environment'(1). Using the sea for economic gain is not a...