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The Blue Economy is sustainable use of ocean resources for economic growth, improved livelihoods and jobs, while preserving the health of marine and coastal ecosystem. The Blue Economy encompasses many activities that impact all of us.

PROBLUE is part of the World Bank’s overall Blue Economy program, which takes a multi-pronged, coordinated approach to ensuring the protection and sustainable use of marine and coastal resources. PROBLUE focuses on four key themes: The sustainable management of fisheries and aquaculture.

IFC will use its guidelines to finance the blue economy and encourage best practices to enable the growth of blue finance globally. Check out IFC’s newly released Guidelines for Blue Finance: Guidance for Financing the Blue Economy, building on the Green Bond Principles and the Green Loan Principles. Climate Change.

BLUE ECONOMY DEVELOPMENT FRAMEWORK Growing the Blue Economy to Combat Poverty and Accelerate Prosperity Additional growth of the blue economy is possible in a number of areas, especially: fisheries, aquaculture, mariculture, coastal tourism, marine biotechnology, and ocean energy.

Blue Economy for Resilient Africa Program Launched at COP27, the World Bank, with support from PROBLUE, announced a new Blue Economy program that will catalyze financing and provide an operational response to development challenges in coastal-marine areas of the African continent. report 2022 Annual Report

The blue economy provides food, jobs, water, and is a source of economic growth. It provides the livelihood for hundreds of millions of the poorest and most vulnerable people in the world. By one estimate, it generates USD 3-6 trillion to the world economy. If it were a country, the oceanic economy would be the seventh largest in the world.

Essentially, the Blue Economy concept is a lens through which to view and develop policy agendas that simultaneously enhance ocean health and economic growth - in a manner consistent with principles of social equity and inclusion. Why is there attention on the Blue economy and what are the opportunities it presents for a country like Albania?

Overview. The blue economy is the sustainable use of ocean resources for economic growth, improved livelihoods, and jobs while preserving the health of ocean ecosystems. Its sectors, such as fisheries, maritime transport, offshore renewable energy, and tourism, provide jobs and livelihoods to millions in the Middle East and North Africa (MENA ...

The Blue Economy is a comprehensive, multi-sectoral approach aimed at promoting sustainable use of living coastal and marine natural resources to support economic development, improve livelihoods dependent on such resources and strengthen resilience to climate change.