Blue Economy Bulletin October 2019
PUBLICATION DATE:
Thursday, October 31, 2019
PUBLICATION TYPE:
Magazines and Newsletters
STATUS:
Only Available Online
DESCRIPTION:
Welcome to the October edition of our Blue Economy Bulletin. In conjunction with this October's Our Ocean conference, PEMSEA released a new report highlighting our experience in the blue economy investment space. Informed by pilot studies, the report is based on a synthesis of primary and secondary research on the latest trends and practices related to ocean investment, and blue economy and private sector engagement in collaboration with organizations, funds, and investment experts. It also informed a published paper on mainstreaming private and public investment in the blue economy.
Such investments are becoming increasingly popular, with over $63 billion pledged to restore ocean health in the Our Ocean conference. Ocean health is key to sustaining natural capital, such as coral reefs and whales, which provide critical ecosystem services. Recovery and sustainability have been highly visible in the Philippines, where parts of the Pasig River system and the island of Guimaras have seen significant environmental restoration, and there is a national effort to ensure the sustainability of blue swimming crab harvests. Further progress has been made to deal with marine plastic pollution, with a new report on standardizing the measurement of waste leakage, and another report highlighting the impact a circular economy could have on climate change. Meanwhile, attendees from local governments throughout Southeast Asia met to discuss the plastic waste challenges facing them.
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