Blue economy system is one of most salient factors contributing to the social-economic development of a coastal country .
Blue Economy and It's background :
Blue economy refers to the sea economy .It encompasses all economy . It encompasses all economic activities associated with the oceans, harbours, ports, coastal zones and other sea based activities . It is related to sea borne trade and commerce , ocean science and such other economic aspects . Blue economy is a designed theory , initiated by Gunter Pauli , which he developed over the last 30 years.Blue economy was brought into light with " The Blue Economy 10 years - 100 Innovations-100 Million Jobs ." It was written by Gunter Pauli after 16 years of experiences.
With the arrangement by UN , Rio+20 was held on 20-22 June 2012 in Rio de Janeiro , Mexico . In this summit ,the idea and importance of "Blue Economy" were explained and its base was firmed up strongly by the coastal countries and Islands . Since then , blue economy has been in economy .
The blue economy plays a vital role for every country . Because more than 70% of our planet is covered by ocean and about 90% of the world's trade of goods is conducted by sea . They connect all of us to each other . The ultimate aim of business model of blue economy is to transform the country from scarcity to abundance by tackling issues that cause environmental and related problems in new ways ( Gunter Pauli 2010 ) . The potential benefit of Blue economy is with innovative solutions that are environmentally beneficial and wider social benefits .
Blue Growth is the long-term strategy to support sustainable growth in the marine and maritime sectors as a whole . Seas and oceans are drivers for the blue economy while technology and knowledge are the twin resources to tare control over these resources . The blue economy has created roughly 5.4 million jobs in EU alone . Blue sectors are numerous , consisting of aqua culture , coastal tourism , marine biotechnology , ocean energy , seabed mining etc.
Blue Economy and It's background :
Blue economy refers to the sea economy .It encompasses all economy . It encompasses all economic activities associated with the oceans, harbours, ports, coastal zones and other sea based activities . It is related to sea borne trade and commerce , ocean science and such other economic aspects . Blue economy is a designed theory , initiated by Gunter Pauli , which he developed over the last 30 years.Blue economy was brought into light with " The Blue Economy 10 years - 100 Innovations-100 Million Jobs ." It was written by Gunter Pauli after 16 years of experiences.
With the arrangement by UN , Rio+20 was held on 20-22 June 2012 in Rio de Janeiro , Mexico . In this summit ,the idea and importance of "Blue Economy" were explained and its base was firmed up strongly by the coastal countries and Islands . Since then , blue economy has been in economy .
The blue economy plays a vital role for every country . Because more than 70% of our planet is covered by ocean and about 90% of the world's trade of goods is conducted by sea . They connect all of us to each other . The ultimate aim of business model of blue economy is to transform the country from scarcity to abundance by tackling issues that cause environmental and related problems in new ways ( Gunter Pauli 2010 ) . The potential benefit of Blue economy is with innovative solutions that are environmentally beneficial and wider social benefits .
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