Professional Documents
Culture Documents
Guest presenters:
Mr Gatot Hari Gunaween, Acting Secretary General, Indian Ocean Rim Association
Mr Raj Mohabeer, Officer in Charge and Coordinator of the Regional Maritime Security programme,
Indian Ocean Commission – briefing on the Regional Action Plan on BE adopted by the IOC Council
and outcomes from regional workshops.
Professor Marcus Haward, University of Tasmania/Program Leader – Blue Economy Cooperative
Research Centre (CRC) – Australia’s experience in building collaboration in the blue economy
Today’s readings:
The Blue Economy in Australia, Sea Power Centre-Australia, 2017.
https://www.navy.gov.au/sites/default/files/documents/The-Blue-Economy-in-Australia-FINAL.pdf
A new narrative for the Blue Economy and Blue Carbon, Journal of the Indian Ocean Region, May
2019.
https://www.researchgate.net/publication/334462934_A_new_narrative_for_the_Blue_Economy_and
_Blue_Carbon
Potential components of the Ocean Economy
Source: The blue economy: Growth, opportunity and a sustainable ocean economy, The Economist
Different ways of seeing the ‘Blue Economy’
Blue Economy can be understood in different ways, reflecting different stakeholder perspectives:
• Oceans as natural capital: This lens focuses on environmental protection and restoration, natural
capital, and community health and wellbeing, and is largely favoured by environmental NGOs
• Oceans as livelihoods: This lens focuses on food security and poverty alleviation, and is largely
favoured by Small Island Developing States (SIDS) and development organisations.
• Oceans as good business: This lens focuses on economic growth, Marine Spatial Planning, and
strategies for growth in sustainable resource use, and is largely favoured by large and emerging global
economies, such as the EU and China, as well as the private sector.
• Oceans as drivers of innovation: This lens focuses on research and development, investment, and
monitoring, and is largely favoured by Government and industry groups.
How these different perspectives affect our approaches to Blue Economy
Oceans as natural capital Oceans as livelihoods Oceans as good business Oceans as a driver of innovation
Primary Ecosystem protection and/or Poverty alleviation and food Economic growth and Technological or technical
objectives restoration security employment advances
Actors Conservation agencies/NGOs Development agencies, SIDS, Industry, larger global Academic institutes, industry, and
Small-Scale Fisheries (SSF) economies (EU, Organisation for Government
Economic Co-operation and
Development (OECD), China,
etc.)
Sectors Carbon intensive industries (e.g., Primary focus on SSF/eco- All sectors included but primary All sectors but particularly
oil and gas) excluded. tourism with aspirations for focus on large multi-national emerging industries like
Focus on economic benefits diversification, especially corporations and sectors (e.g., renewables, biotechnology, and
from conservation (e.g., eco- aquaculture shipping, oil and gas, deep sea mining
tourism and Marine Protected renewables, etc.)
Areas (MPAs), Payment for
Ecosystem Services, Blue
Carbon, etc.)
Scale Small scale, locally based Small scale, locally based Global/regional and national Sub-national districts or
provinces
Tools MPAs, Ecosystem Based Community managed Marine Spatial Planning, Innovation hubs/research
Management fisheries/MPAs, Marine Spatial economic valuation studies, institutes, innovation ‘challenges’
Planning, Ecosystem Based targeted investment and growth or competitions,
Management strategies investment/financing strategies
Contribution to Australian output from marine-related activities, 2013–14 ($ million)