Blue Economy Bulletin August 2016

PUBLICATION DATE:

Wednesday, August 31, 2016

PUBLICATION TYPE:

Magazines and Newsletters

STATUS:

Available (Newsletter)

DESCRIPTION:

Welcome to the latest issue of the Blue Economy Bulletin, your source for blue economy news and events including industry highlights, scientific developments, policy updates and more from East Asia and around the world.

In this issue, learn about how PEMSEA’s work supports achievement of the UN Sustainable Development Goals (SDGs) and how PEMSEA assisted Cambodia as an occurrence of “red tide” impacted its fisheries and tourism industries. The landmark Port State Measures Agreementcame into force to battle illegal fishing, and another potential landmark case has been brought against international companies for alleged human rights violations due to the impacts of climate change in the Philippines. Vietnam looks to increase its fisheries exports by US$7 billion, just as a large company on its coast admits to its role in a massive fish kill earlier this year. Companies taking steps to protect the health of the oceans in this issue include Adidas’ efforts to recycle ocean plastic waste and Cathay Pacific’s banning of shark fin cargo. And as one organization points to the important role coral die-off may play in focusing attention on the impacts of climate change, another analysis finds that protecting coral reefs has one of the best payoffs of all the SDGs.

Companies increasingly recognize the importance of understanding the value of ecosystem services to their business. Together with our partners, PEMSEA hosted a series of webinars on ecosystem services valuation, which are now available online.

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