Blue Economy Summit’ Stresses the Role of Oceanic Nations in Global Sustainability
The ‘Blue Economy Summit’ was held in Abu Dhabi to address the unique climate and sustainably challenges facing Small Island Developing States (SIDS) and marine ecosystems. With more than 70 percent of the world’s surface covered by oceans, protecting the health of marine environments is fundamental to protecting the world’s interconnected economies and long-term sustainability.
“The importance of the Blue Economy to humankind cannot be underestimated: over 70% of our planet is covered by ocean; 90% of the world’s trade in goods is conducted by sea.Oceans transcend states. They connect us all to each other. And we must harness these connections for development, not just enrichment,” said President James Michel during his address.
“We also need to ensure that the benefits from economic activity in our oceans translate into real benefits for our populations. We cannot consider that it is sustainable for certain large industrial fishing fleets to exploit the resources of one sea to the point of exhaustion and then simply move on to other areas.Inclusion, ownership and empowerment of coastal populations are core elements of implementing the Blue Economy.”
The summit is a continuation of the blue economy concept, which was introduced and debated during the United Nation’s Rio+20conference held June 2012 in Rio de Janeiro. As a result of Rio+20, the blue economy concept – and the urgency to build resilient marine ecosystems – was recognized as a central theme of global sustainable development, climate mitigation and poverty eradication.
The Blue Economy Summit in Abu Dhabi is an important milestone in identifying the right policy frameworks that support the shift of SIDS and coastal regions toward sustainable development. How island nations and ocean-linked communities adopt a sustainable trajectory will again be addressed during the United Nation’s Third International Conference on Small Island Developing States, September 2013, in Apia, Samoa.
“The UAE is working closely with the international community to address sustainable economic growth, global food security, environmental protection and the impacts climate change,” said H.E. Dr. Sultan Ahmed Al Jaber, UAE Minister of State and Chairman of Masdar, Abu Dhabi’s renewable energy company. “From our fishing to our tourism industry, maintaining the health of our coastlines, mangrove forests and oceans is vital to our economy,” he said.
“Today’s Blue Economy Summit places a renewed emphasis on the critical need to address the long-term sustainability of our international waters,” added Dr. Al Jaber. “We must work together to find the right policy frameworks and commercial opportunities to balance and protect the health of our oceans.”
The Blue Economy Summit, which ran January 19-20, was co-hosted by the the Governments of Seychelles and the UAE . The event was also attended by Lord Tu‘ivakan?, Prime Minister and Minister for Foreign Affairs of Tonga, Ólafur Ragnar Grímsson, President Of Iceland, and the President of the 69th Session on the United Nations General Assembly, Ambassador John Ashe,the Director General of the UN Food and Agriculture Agency (FAO) Mr. José Graziano da Silva and the Chief Executive Officer of the Global Environment Facility(GEF), Dr Naoko Ishii.
Abu Dhabi Sustainability Week, January 18-25, is an annual platform to address the interconnected challenges impacting the widespread adoption of renewable energy and the acceleration of sustainable development. The platform includes a series of events: the fourth general assembly of the International Renewable Energy Agency; the seventh World Future Energy Summit; the second International Water Summit; the first EcoWASTE exhibition; and the sixth Zayed Future Energy Prize Awards Ceremony.
*Office of the President Press Release