Tag Archives: environmentally sustainable

How the blue economy will shape the future of Canada’s oceans and coastal communities

The words “blue economy” will soon shape the future of Canada’s oceans, from the fiords and straits of British Columbia to the rugged coastlines of the Atlantic to the vast seascapes of the Arctic. But what is a blue economy? And what makes it different from business as usual? The term blue economy was first championed by small island developing countries, including Fiji, Bahamas and Palau, to bring more local benefits from ocean industries. Developing a blue economy means establishing ocean spaces and industries that are socially equitable, environmentally sustainable and economically profitable. Canada has been a key player in these efforts, including by supporting the first global conference on a blue economy, held in Nairobi in 2018 with over 18,000 participants. Now Canada is bringing the blue economy to its own waters. >click to read< 10:12