‘Blue Economy Summit’ Stresses the Role of Oceanic Nations in Global Sustainability
Mon, 20 January 2014 | Blue Economy
The ‘Blue Economy Summit’ was held today in Abu Dhabi to address the unique climate and sustainability challenges facing Small Island Developing States (SIDS) and marine ecosystems, where 180 participants from governments and organisations from around the world were present.
“The importance of the Blue Economy to humankind cannot be underestimated: over 70% of our planet is covered by ocean; 90% of the world’s trade in goods is conducted by sea. Oceans transcend states. They connect us all to each other. And we must harness these connections for development, not just enrichment," said President James Michel during his address at the opening of the summit.
“We also need to ensure that the benefits from economic activity in our oceans translate into real benefits for our populations. We cannot consider that it is sustainable for certain large industrial fishing fleets to exploit the resources of one sea to the point of exhaustion and then simply move on to other areas. Inclusion, ownership and empowerment of coastal populations are core elements of implementing the Blue Economy.”
The event was also attended by Dr. Sultan Ahmed Al Jaber, UAE Minister of State and Chairman of Masdar, Lord Tu‘ivakanō, Prime Minister and Minister for Foreign Affairs of Tonga, Ólafur Ragnar Grímsson, the President Of Iceland, and Ambassador John Ashe, the President of the 69th Session on the United Nations General Assembly, Mr. José Graziano da Silva, the Director General of the UN Food and Agriculture Agency (FAO) and Dr Naoko Ishii, the Chief Executive Officer of the Global Environment Facility(GEF).
During the Blue Economy summit, the Seychelles Government launched the book “The Blue Economy – Seychelles’ vision for a Blue Horizon” as well as a publication on Seychelles in collaboration with First Publishers.
Today’s summit is a continuation of the blue economy concept, which was introduced and debated during the United Nation’s Rio+20conference held June 2012 in Rio de Janeiro. As a result of Rio+20, the blue economy concept – and the urgency to build resilient marine ecosystems – was recognized as a central theme of global sustainable development, climate mitigation and poverty eradication.