The concept was originally proposed as an alternative to the 'green economy' and as a way of thinking innovation and sustainability. How do concepts emerge and change? Through the development of this report, Powering the Blue Economy™: Exploring Opportunities for Marine Renewable Energy in Maritime Markets, WPTO highlights potential markets for marine energy technologies beyond the national grid, applications where marine energy provides advantages and solutions to energy limitations. The concept seeks to promote economic growth, social inclusion, and preservation or improvement of livelihoods … This chapter investigates the concept of the 'blue economy'. The Blue Economy Chapter 1 – The role of the ocean The Blue Economy The Blue Economy, a term introduced in 2012 by the United Nations (UN), captures the economic potential of the ocean, as well as the need to focus on its preservation. Blue Economy Concept 43 Figure 3.5. A Blue Economy Framework 45 Figure 3.6. Its importance has been broadly measured and acknowledged in economic, social, and environmental terms. Blue Economy can play a major role in Africa’s structural transformation, sustainable economic progress, and social development. Seychelles Blue Economy Strategic Framework and Roadmap (the Blue Economy Roadmap), approved by the Government of Seychelles on 31st January 2018, is an integrated approach to ocean based sustainable development which brings blue economy, by exploring concepts of sustainable development, the way they have evolved over time and how they have been translated into marine and coastal areas, in particular at the Mediterranean level. ‘Blue Economy’ storyline The blue economy metaphor is powerful in shaping imagined realities, influencing our world-view and perspectives – humans can unlock the vast untapped potential of marine and coastal resources to extract major benefits that enhance human well-being and socio-economic … Example of the Blue Economy Conceptual Framework: Tourism, Waste Disposal, and Ecosystems 50 Figure 3.8. 2 The blue economy integrates an innovative approach to the economic exploitation of the resources of oceans, lakes, rivers and other bodies of water. The Scoping study needs to come up with a first definition of a “lue Economy… Figure 3.4. However, its impact at the regional and local level has not been measured to its full extent so far, as a … Proposed Blue Economy Policy Framework for Aligning Ocean Health and Economic Growth 47 Figure 3.7. Blue economy •Changwon Declaration 2012 •sustainable use of ocean resources for economic growth, livelihoods and jobs, while preserving the health of oceans and ecosystems •Realising the full potential of the ocean demands responsible, sustainable and inclusive approaches to its economic development. Over Blue economy is an essential driver of development. Eastern Caribbean Regional Ocean Policy 52 Figure 3.9. The largest sectors of the current African aquatic and ocean-based economy are fisheries, aquaculture, tourism, transport, ports, coastal mining, and energy. Blue Economy relies on NOAA's leadership in achieving its ambitious goals in five key areas 2015 2030 Leadership to Power the American Blue Economy SEAFOOD PRODUCTION Triple domestic marine aquaculture production and maximize sustainable commercial fishing by streamlining regulations. The Blue Economy can be described as a subset of the entire ocean economy that uses ocean
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