Blue Economy Bulletin December 2017
PUBLICATION DATE:
Monday, December 11, 2017
PUBLICATION TYPE:
Magazines and Newsletters
STATUS:
Available (Newsletter)
DESCRIPTION:
Welcome to the final issue of the Blue Economy Bulletin for 2017! Thank you for your continued interest in blue economy news and events in East Asia and around the world.
Wrapping up a busy year for PEMSEA, the province of Cavite in the Philippines launched its State of the Coasts Report. In Bangkok, experts from both the public and private sectors participated in PEMSEA’s Blue Economy Forum to discuss the state of ocean health and blue economy growth in the region. Meanwhile, local capacity building continues to advance through PEMSEA’s Traineeship Programme, which included topics on blue economy and investment. Under the PEMSEA Blue Economy Webinar series, Dr. Jenna Jambeck presented on tackling ocean plastic waste in the seas of East Asia.
As the urgency to address plastic pollution increases, research continues to emerge on the impact of the problem, for instance, a report showing that some fish are attracted to plastic particles covered in algae, mistaking these for food. Experts continue to develop new solutions to manage plastic waste as the critical role of the private sector in marine protection becomes even more apparent. In sustainable finance, Fiji has successfully issued a green bond to boost climate resilience. Clarmondial and WWF release a new report on how conservation organizations can better mobilize private investment for positive environmental results. Discussions at the COP 23 highlighted the link between oceans and climate change.
2018 will be an exciting year, marking PEMSEA’s 25th anniversary and the triennial East Asian Seas Congress! We look forward to stronger partnerships as we work together towards the sustainable development of our shared seas.
Follow the latest updates on blue economy and coastal sustainable development in East Asia on Facebook and 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.
RELATED PUBLICATIONS
Proceedings of the 2026 PEMSEA Network of Local Governments (PNLG) Forum "Empowering Coastal Cities for a Blue Future"
The 2026 PEMSEA Network of Local Governments (PNLG) Forum, themed “Empowering Coastal Cities for a Blue Future,” was organized by the PEMSEA Network of Local Governments for Sustainable Coastal Development (PNLG), in collaboration with the PEMSEA Network of Learning Centers and the PEMSEA Resource Facility, and hosted by Busan Metropolitan City, Republic of Korea. The forum took place from September 8-10, 2026, at the Paradise Hotel Busan.
PEMSEA eBulletin - October 2026
From local solutions to international dialogues, October saw PEMSEA bringing coastal and ocean governance conversations to the forefront.
On the international stage, PEMSEA brought regional perspectives to the 11th International Waters Conference in Indonesia, the 2nd APEC Ocean Resilience Enhancement Conference, and Asia-Pacific Ocean Week 2026. Through these engagements, PEMSEA shared experiences and practical approaches to integrated coastal management, ocean resilience, and source-to-sea governance, contributing East Asian Seas perspectives to wider discussions on shared environmental challenges and regional cooperation.
At the regional level, the PEMSEA Executive Committee (EC) met online for the 36th EC Meeting to review institutional governance measures, discuss regional priorities, and look ahead to key Partnership milestones taking shape for 2027.
In the Philippines, PEMSEA continued to strengthen local partnerships through the PRICELESS Project and MOF/PEMSEA Marine Plastics ODA Project through continued collaboration with its partners and stakeholders.
Different platforms, shared priorities. This month, PEMSEA's engagements showed how regional experience can inform international conversations, how partnerships can shape collective priorities, and how cooperation can support solutions on the ground.
PEMSEA Regional Methodology for Blue Carbon Project Accounting
A Harmonized Guide for Estimating Carbon Stocks, Sequestration, and GHG Reductions in Coastal Ecosystems
Differences in measurement methods, carbon pool inclusion, and monitoring frameworks have made blue carbon projects in East Asia hard to compare. PEMSEA’s Regional Methodology addresses this with a single accounting framework for mangroves, seagrasses, and salt marshes. It is designed to be compatible with national greenhouse gas inventories and technically aligned with voluntary carbon credit certification requirements.
The Main Methodology sets out project eligibility and additionality, boundaries and stratification, baseline and project scenarios, uncertainty management, a tiering system, leakage, permanence and risk management, and monitoring, reporting, and verification. Five technical annexes provide the field and analytical detail:
- Annex A – Mangrove Ecosystems: carbon stock and sequestration assessment methods
- Annex B – Seagrass Ecosystems: carbon stock and sequestration assessment methods
- Annex C – Salt Marsh Ecosystems: carbon stock and sequestration assessment methods
- Annex D – Mapping Blue Carbon Ecosystems: remote sensing, validation, and change detection
- Annex E – Monitoring Environmental Parameters: the environmental conditions that influence blue carbon ecosystems
The methodology was prepared under the guidance of the Blue Carbon Technical Working Group of the EAS Partnership Council, with contributions from experts across the region. It is intended for project developers, national agencies, researchers, and verifiers working to bring high-integrity blue carbon projects to market.
INTERNATIONAL SEMINAR ON BLUE CARBON ECOSYSTEM VALUES: Accounting and Crediting Guidance Frameworks
The Korea Maritime Institute (KMI) and Partnerships in Environmental Management for the Seas of East Asia (PEMSEA) convened the International Seminar on Blue Carbon Ecosystem Values in Busan, Republic of Korea. The seminar gathered representatives from six East Asian countries, academic institutions, and regional partners to validate enhancements to the Regional Blue Carbon Accounting Protocol (RBCAP), review biodiversity accounting and crediting approaches, and define PEMSEA’s role in governance, verification, and market development. Key outcomes included expert recommendations to strengthen the RBCAP, shared insights on biodiversity crediting pathways, and a clearer vision of PEMSEA’s added value as a regional platform for advancing blue carbon and biodiversity markets.
Proceedings of the 5th PEMSEA Network of Learning Centers (PNLC) Executive Committee Meeting 2026
The document contains the proceedings from the PNLC Executive Committee (EC) held 9 September 2026 in Busan, Republic of Korea.
The meeting was participated in by the President and Vice-President of the PNLC, the PEMSEA Executive Director, and the PNLC Secretariat from IPB and the PEMSEA Resource Facility. The agenda included:
- Workplan 2026-2027
- Updates on PNLC Expenditure and Financial Sustainability
Other Business:
- PRF Project Updates
- 2027 EAS Congress
- ICM Report
- Nature-based Solutions Capacity-building
PEMSEA Blue Carbon Program Updates