Blue Economy Bulletin June 2019
PUBLICATION DATE:
Friday, June 28, 2019
PUBLICATION TYPE:
Magazines and Newsletters
STATUS:
Only Available Online
DESCRIPTION:
Welcome to PEMSEA's Blue Economy Bulletin. This month, we released our annual report for 2018, which was a milestone year representing 25 years of PEMSEA's work on Integrated Coastal Management in the Seas of East Asia. Elsevier published a PEMSEA paper which describes the evolution of PEMSEA from a regional marine pollution project to an international organization working on integrated management solutions and partnerships and examines future key areas of intervention by PEMSEA. We also welcome a new project manager to lead the SDS-SEA in the future.
Over 100 countries have now signed on to the Port State Measures Agreement (PSMA), which increases the ability of countries to police IUU fishing. Ensuring fishing is sustainable requires increased knowledge of ecological connectivity between national fisheries and the high seas, something that will be aided by the further mapping of the sea floor. A draft text on a new UNCLOS agreement on managing biodiversity in international waters has been released.
The potential of using investments to make a difference has become clear as over $500 billion have now been put into impact investments globally. The Chinese Government is looking to expand the country's aquaculture industry. The Philippine Government has asked financial institutions to invest more in lower carbon projects. Banks involved in the shipping industry have agreed to a set of guidelines designed aid the lowering of shipping emissions.
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.
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