Blue Economy, Community Solutions
Jun 26, 2019
The blue economy is an approach put forward by the international community to take into account the health of the oceans and seas as we strive to balance the three dimensions of sustainable development: economic, social and environmental.
This concept promotes economic growth, social inclusion and improved livelihoods at the same time as ensuring the environmental sustainability of oceans and seas. It defines a new paradigm of ocean economy, one that is in balance with the long-term capacity of the assets, goods and services of marine ecosystems, and that considers social inclusiveness.
This publication includes examples from the GEF Small Grants Programme, implemented by UNDP, across different continents, ecosystems and cultures, but they all address the priorities of livelihoods and conservation in combination and bring benefits on both fronts. By giving local communities an immediate, concrete stake in the sustainable management of the ocean’s resources, these projects have each secured the local stewardship they need to be a viable, long-term part of the blue economy.