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Catalyzing the Seaweed Revolution: An Insight into the Global Seaweed Market

March 2, 2023
Seaweed farmers in Kenya. Photo credit: BFA Global/TECA/ Circle Media

Photo credit: BFA Global/TECA/ Circle Media 

Seaweed aquaculture accounts for 51.3% of global mariculture production and grows at 6.2% yr−1 (2000–2018). It delivers a broad range of ecosystem services, providing a source of food and natural products across a range of industries. It also offers a versatile, nature-based solution for climate change mitigation and adaptation and for counteracting eutrophication and biodiversity crisis. The World Bank Group in collaboration with the Food and Agriculture Organization of the United Nations (FAO), the Global Environment Facility (GEF), the United States Agency for International Development (USAID), and the World Wildlife Fund (WWF) formed the AquaInvest Platform, funded by the PROBLUE Multi-Donor Trust Fund which has, among other things, undertaken a Global Seaweed Market Study. The event highlighted key messages from the Global Seaweed Market Study report. The panel and discussion shared the seaweed’s revolutionary role in sustainability and achieving the Sustainable Development Goals (SDGs).

The Global Seaweed Market Study Report will serve as a thorough reference to document the importance of seaweed – and through it, the Ocean – to people and our planet. While systematically advancing the state of knowledge, it will also introduce seaweed and key Ocean considerations to a broad set of stakeholders.


Event Details

  • MARCH 2, 2023: 12:35 - 1:25 PM
  • EVENT TYPE: In-Person and Livestreamed
  • LOCATION: Panama Conference Center, Caribbean Room 1
  • CONTACT: Morgan Graham