Ireland’s ocean economy grew its turnover by 17 per cent last year, while the number of jobs in the sector rose by 19 per cent, according to a report by the Marine Institute. The 2023 Ocean Economy Report provides an update on Ireland’s ocean economy for 2022 across three main economic indicators: turnover, gross value […]
The Scottish Government has published their delivery plan for the Blue Economy Vision, which was published in March 2022. The document, ‘Delivering Scotland’s Blue Economy Approach’, was launched at the end of November and sets out the first phase of delivery towards the Vision. Mairi Gougeon, Cabinet Secretary for Rural Affairs and Islands, […]
The Marine Institute and the Socio-Economic Marine Research Unit (SEMRU) at NUI Galway, are conducting a survey of marine and marine-related businesses as part of the regular reporting on Ireland’s Ocean Economy. Although the CSO and other State organisations provide some data on marine related economic activity, there is a need to supplement this data […]
The United Nations Environment Programme Finance Initiative (UNEP-FI) has published a briefing paper on deep-sea mining. Discussing the significant reputational, regulatory, and operational risks associated with plans to mine the deep seabed of minerals, the paper addresses how financial institutions should respond to the deep-sea mining sector. It also lays out how financial institutions wishing […]
The United Nations Environment Programme Finance Initiative (UNEP-FI) has published a briefing paper on deep-sea mining. Discussing the significant reputational, regulatory, and operational risks associated with plans to mine the deep seabed of minerals, the paper addresses how financial institutions should respond to the deep-sea mining sector. It also lays out how financial institutions wishing […]
Blue Economy Vision for Scotland launched: Scottish Government news release: Move to make Scotland a global leader in marine management. Scotland’s ambition for a world-leading ‘Blue Economy’ has been set out in a vision document. The Blue Economy is sustainable use of ocean resources for economic growth, improved livelihoods and jobs, while preserving the health […]
The “Blue” in “Blue Economy” stands for the seas and oceans. As a vital component of Europe’s coastal economies, oceans can also contribute to our continent’s overall prosperity. They can produce investment, jobs and economic growth – and the heathier they are, the more productive they’ll be. Therefore, the Blue Economy must be a Sustainable […]
Economist Intelligence Unit: Coastlines and oceans are among the world’s most fragile ecosystems, but they also serve as natural assets that can spur growth and build economies. Successfully managing economic and living resources requires a robust framework that protects the public good while acknowledging the importance of sustainable private-sector investment. But as a report from […]