Social and Behavioral Sciences Commons^™

Terminology Related To Ocean And Coastal Economic Activity, Nicole Leboeuf, Ralph F. Rayner, Carl Gouldman, Zack Baize, Monica Grasso, Brittany Croll, Kate Quigley

Journal of Ocean and Coastal Economics

This communication paper considers the definition and usage of terms describing ocean and coastal economic activity and the provision of the ocean data, information and knowledge needed to support its evolution and development.

Perspectives Of The Blue Economy Development In The Russian Sector Of The Black Sea, Evgeniia Kostianaia, Andrey Kostianoy

Journal of Ocean and Coastal Economics

The paper discusses the current state and perspectives for the development of various sectors of the Blue Economy in the Russian sector of the Black Sea. This analysis is based on the research done in the framework of the EU DOORS (Developing Optimal and Open Research Support for the Black Sea) research project (2021-2024), reports by the World Bank and the European Commission, as well as scientific literature of the Russian and international researchers. The main Blue Economy sectors in the Russian sector of the Black Sea basin are maritime transport, port activities, and coastal tourism. The authors also provide …

Blue Economy Coastal Resources: Economic Valuation And Governance For Achieving Sustainable Development Goals, Unmana Sarangi

Journal of Ocean and Coastal Economics

The research paper entitled "Blue Economy Coastal Resources its Economic Valuation and Governance for Achieving Sustainable Development Goals" is an attempt to define and analyze the concept of Blue Economy, Coastal Resources, its Economic Valuation and Governance and its implications for achieving the Sustainable Development Goals(SDGs) slated by United Nations. The research study covers aspects such as development of coastal resources for building a blue economy to achieve SDGs, economic valuation of coastal resources to develop appropriate and suitable mechanisms for achieving healthy ocean and its importance for current and future generations, sustainability of coastal resources and coastal management …

Investing In The New Blue Economy: The Changing Role Of International Development Organizations In Catalyzing Private Sector Investment In Support Of Regional Strategic Action Programmes For The Sustainable Development Of Coasts And Oceans, Ryan Whisnant, Veerle Vandeweerd

Journal of Ocean and Coastal Economics

Over the last 20 years, governments sharing common coastal and ocean ecosystems have developed and agreed on concrete regional action programs to stop and, in some cases, reverse a trend of deteriorating coastal and ocean resources. Implementation of these action programs requires significant investments by the public and private sectors alike, with the potential for substantial economic growth and enhanced social well-being. For this to happen, new institutional arrangements, technologies, and financial vehicles and asset classes are needed to mainstream innovative “blue economy” projects that have the potential to transition economies and communities to more sustainable development paths.

This paper …

Policy Interventions For The Development Of The Blue Economy In Bangladesh, Pierre Failler, M Gulam Hussain, Khurshed Alam, Ahmad Al Karim

Journal of Ocean and Coastal Economics

Between 2012 and 2014, disputes over maritime boundary with Myanmar and India were favorably settled for Bangladesh, resulting in the expansion of its territorial waters of more than 30% and the country received entitlement to 118,813 km² in the Bay of Bengal. This achievement offers a wide range of new economic opportunities for jobs & growth around marine and coastal sectors such as marine fisheries, marine aquaculture, tourism, exploitation of natural resources, trade and energy. This created new opportunities to exploited the untapped potential of these waters. The challenge will be to develop smart and sustainable solutions to meet …

Institutional Arrangements For The Blue Economy: Marine Spatial Planning A Way Forward, Daud Hassan, Md. Ashraful Alam Ashraf

Journal of Ocean and Coastal Economics

Blue Economy is one of the important aspects of Sustainable Ocean Governance as it refers to sustainable use of ocean resources for economic growth and improved livelihood by maintaining healthy marine ecosystem. In order to achieve sustainable ocean governance, it is important to implement the contemporary and newly developed principles and concepts including Blue Economy and Ecosystem based management (EBM). As an implementation toll for sustainable ocean governance, Marine Spatial Planning (MSP) can play an important role to achieve the objectives of Blue Economy. Due to various reasons, the current institutional arrangements for sustainable ocean govern as well as exploring …

Ship Breaking And Its Future In Bangladesh, Jewel Das, Muhammed Ali Shahin

Journal of Ocean and Coastal Economics

Ship breaking is comparatively a sustainable business, particularly in the developing world, but the conditions where it is practiced is non-sustainable. Ship breaking is the process of dismantling ships and selling their parts - primarily the steel - for scrap. The main impetus for breaking a ship down is that maintenance costs go up as a ship ages. Shipping companies also have to pay port charges, crew salaries and oil fees for their ships, so when they are no longer economically viable they are sold to ship recyclers who strip the old ships down, salvaging anything of value. Bangladesh is …

Blue Biotechnology, Renewable Energy, Unconventional Resources And Products As Emerging Frontiers At Sea, Sheikh Aftab Uddin, Mohammad Mahmudul Islam

Journal of Ocean and Coastal Economics

Blue biotechnology, renewable energy and unconventional marine living resources are considered as emerging frontiers for enhancing ocean-based blue economy in Bangladesh. Blue biotechnology can help both fisheries and aquaculture industry by producing fish varieties that can become quicker, more beneficial, and greater with tastier flesh, by developing gene transfer technology to be used to develop the growth of fish or by using of monoclonal antibodies and DNA probes to new diagnostic strategies for pathogens. Transformation of marine bioresources (main, co-product and by-products) into food, medicine, animal feed and related bio-based items i.e. cosmetics, nutritional supplements, enzymes, agrichemicals etc could help …

Blue Economy And Climate Change: Bangladesh Perspective, Subrata Sarker, Firdaus Ara Hussain, Mohammad Assaduzzaman, Pierre Failler

Journal of Ocean and Coastal Economics

Blue Economy is related to economic growth through the sustainable utilization of ocean resources with technological inputs to improve livelihoods. Economically important coastal and marine resources are the main components of the Blue Economy for Bangladesh. These resources are categorized into living, non-living, renewable resources and trade and commerce. As Bangladesh is vulnerable to climate change, related extreme events are making the coastal and marine resources vulnerable which may hamper the smooth Blue Economy development in Bangladesh. Climate change extreme events include warming trend, cyclone, sea level rise, droughts, erosion, tidal surge, saline water intrusion, flood, change in precipitation trend …

Coming Stakes In The Ocean: Food Production, Shipping And Trade, Tourism, Ecosystem-Biodiversity, New Technologies And Climate Change Challenges In Bangladesh, Muhammad Abdur Rouf, Md. Moshiur Rahman, Sk Mustafizur Rahman, Md Nazmul Ahsan

Journal of Ocean and Coastal Economics

Blue economy is an emerging concept in all over the world where Bangladesh is not in exception. The blue economy of Bangladesh is subject to multiple interlinked activities. Among the major activities, food production, shipping and trade, tourism, ecosystem-biodiversity, new technologies and climate change challenges are the most promising sectors which are discussed in this chapter to project the present and future potential, constrains, ways to overcome in the context of the blue economy of Bangladesh following various published literatures. The review has revealed that Bangladesh has enormous resources which have great potential to uplift the existing economy, improving livelihoods, …

Future Importance Of Maritime Activities In Bangladesh, M Gulam Hussain, Pierre Failler, Subrata Sarker

Journal of Ocean and Coastal Economics

Blue Economy is a concept of economic growth through the sustainable utilization of ocean resources with technological inputs to improve livelihoods and meet the growing demands for jobs without hampering the health of the ocean ecosystem. This paper offers an overview of current maritime key activities, major trends and scenarios, future blue economy development activities with economic and social importance, ecological importance and blue economy policy framework. This paper also focuses on the major constraints and challenges. The current maritime key activities include extraction of living and non-living resources, land based activities, trades and transportation, shipbuilding and ship breaking, tourism …

Introduction To The Special Issue On The Blue Economy Of Bangladesh, Pawan G. Patil, Pierre Failler, Khurshed Alam

Journal of Ocean and Coastal Economics

Introduction to the Special Edition on the Blue Economy of Bangladesh by the Editors of the Special Edition.