HomePublicationsMagazines and NewslettersBlue Economy Bulletin April 2019

Blue Economy Bulletin April 2019

Publication Date: 
Tuesday, April 30, 2019
Publication Type: 
Available (Newsletter)

Welcome to PEMSEA's second Blue Economy Bulletin for 2019. This month saw the launch of MEPSEAS, an IMO project aimed at addressing the impacts of maritime shipping on Southeast Asia's biodiversity. Initiatives are taking place to address biofouling, while Maersk leads the industry in combatting climate change.

Efforts to protect biodiversity were reflected elsewhere as Indonesia created 3 new MPAs in its waters. Biodiversity in international waters could be protected through an international requirement for environmental impact assessments, and an upcoming deep-sea mining pilot in international waters will be closely monitored to evaluate its environmental impact.

Spurring more sustainable development will require an overhaul of the global financial system, which will be difficult considering many institutions are not considering trends such as climate change in their financial accounting. Another key change to spurring sustainability would be unlocking data for the use of ocean management professionals.

Follow the latest updates on blue economy and coastal sustainable development in East Asia on Facebook and Twitter. We welcome your feedback, so please let us know if there are other blue economy topics you would like to see in future newsletters and programs.

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