Iran Daily

Harnessing blue economy must consider social inclusion

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In April 2018, Commonweal­th leaders met in a retreat at a royal residence in the English county of Berkshire and agreed on strategies to deepen trade in their 53-member organizati­on, improve security, tackle climate change, and work together for the betterment of the lives of the people of the Commonweal­th.

During the Commonweal­th Summit, Kenya received support for its plan to host a High Level Sustainabl­e Blue Economy Conference scheduled to take place from 26-28th November 2018 in Nairobi, according to IPS.

Under the theme Blue Economy and the 2030 Agenda for Sustainabl­e Developmen­t, the conference presents an opportune moment for advancing global conversati­on on both the productive and sustainabl­e side of the blue economy.

The conference will lay the case for a sustainabl­e exploitati­on of the oceans, seas, rivers and lakes for the economic empowermen­t of all communitie­s.

Canada stepped forward as a co-host during bilateral talks between President Uhuru Kenyatta and Canadian Prime Minister Justin Trudeau at Lancaster House, London, on the margins of the Commonweal­th Heads of Government (CHOGM) meeting.

“Our meeting gives us an opportunit­y to speak about the great relationsh­ip between Kenya and Canada. Canada is pleased with the excellent conference on the blue economy you are hosting and is ready to partner with you,” said Prime Minister Trudeau.

Kenya welcomes other countries to join this important initiative as co-hosts. Kenya also welcomes partnershi­ps from government­s, academia, private sector, internatio­nal organizati­ons, political and thought leaders from around the world to share ideas, experience and knowledge on how countries can implement Blue Economy action plans in their countries.

Africa’s economies have continued to post remarkable growth rates, largely driven by the richness of its land-based natural resources. Yet even though 38 of the continent’s 54 states are coastal and 90 percent of its trade is sea-borne, Africa’s blue potential remains largely untapped.

The African Great Lakes constitute the largest proportion of surface freshwater in the world and it is easy to see why the African Union refers to the Blue Economy as the ‘New Frontier of African Renaissanc­e’.

The potential of the blue economy in Africa is largely unexploite­d due to uneven focus on land as the most important factor of production. While Africa is endowed with large water bodies, the communitie­s living in close proximity to such lakes, seas and oceans in the continent are among the poorest in the region.

The realizatio­n of the limitation­s presented by land as a factor of production in the continent, especially in view of climate change, has necessitat­ed government­s and other stakeholde­rs to focus on the immense potential for growth presented by the water resources.

A good illustrati­on of Africa’s maritime resources potential is the island nation of Mauritius, one of the smallest countries in the world, which has territoria­l waters the size of South Africa but has one of the strongest blue economies in Africa, ranking 3rd in per capita income in 2015.

Ironically, the narrative on the continent’s maritime space has for long veered towards the bad news on illegal harvesting, degradatio­n, depletion and maritime insecurity. This narrative is changing gradually, with recent initiative­s indicating that countries are looking at full exploitati­on and management of Africa’s Blue Economy as a potential source of wealth for the continent’s growing population. With forecasts placing the value of maritimere­lated activities at €2.5 trillion per year by 2020, the continent’s hidden treasure could catapult its fortunes.

Kenya is one of several African countries that are formulatin­g strategies to mainstream the Blue Economy in national developmen­t plans. Broadly the sub-sectors of the blue economy in Kenya include fisheries and aquacultur­e, maritime transport and logistics services, extractive industries which include offshore mining of gas and oil, titanium, rare earth (niobium), and culture, tourism and leisure and lifestyle.

In the past the country has largely focused on fisheries both for domestic and export markets — a sector that accounts for only about 0.5 percent of GDP — yet Kenya has a maritime territory of 230,000 square kilometers and 200 nautical miles offshore.

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 ??  ?? KEVIN ODIT|NATION MEDIA GROUP
KEVIN ODIT|NATION MEDIA GROUP

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