The Blue Economy
In this video
On this segment of TheIMPACT, our host, Georgia Fairweather, speaks with Satyendra Prasad, Ambassador and Permanent Representative of Fiji to the United Nations.
Satyendra explains how the blue economy creates opportunities that transcend sustainability, exportation, and new jobs – with unlimited potential for humanity and mother earth.
The blue economy is a critical advantage for countries, and they must have a combination of:
- A smart approach to a sustainable economy
- Financial stability
- Human resources
- An integrated set of legislated arrangements
Fiji is consulting and working towards a national oceans policy and will soon finish the consultation and launch.
Watch the full video to learn about sustainability vs. commerce, resources, investment, sustainable tourism, with opportunities for supply-chain fidelity offered through blockchain, artificial intelligence, machine learning, and more.
FUN FACT –
America’s Marine Economy contributed approximately $373 billion to the nation’s gross domestic product (GDP) in 2018.