ICSFDC News Alerts

Sri Lanka: Disguised role of women in blue economic growth December 06,2021   |  Source: Island LK

Small, developing island states like Sri Lanka are gradually moving from a Green Economy Focus to Blue Economy Focus, aiming at exploiting ocean resources for employment creation, earning incomes, strengthening the economy and improving the wellbeing of the people. During 20-22 June 2012, at the United Nations Conference on Sustainable Development (UNCSD) held in Rio de Janeiro, coastal states requested an extension of the ?Green Economy to encompass the Blue Sector, due to their small resource base which was limiting further expansion of their economies.

Today, many coastal states are placing high emphasis on Blue Economic growth, which is defined by the World Bank as “all economic activities, related to oceans, seas and coasts, which cover a wide range of interlinked established and emerging sectors”. On top of the traditional ocean activities such as fisheries, tourism and maritime transport, Blue Economy entails emerging industries including renewable energy, aquaculture, seabed extractive activities and marine biotechnology and bioprospecting.

Although it is popularly believed that Blue Economic Development is new to Sri Lanka, the origins of Blue Economic Growth can be traced back to the late 1950’s when the country introduced motorised craft and new fishing

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Years in Support of Small Scale Fishworkers (1986 - 2018)