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How the blue economy will shape the future of Canada’s oceans — and its coastal communities

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Aerial view of salmon fish farms, Grand Manan Island, N.B. (Shutterstock) Andrés M. Cisneros-Montemayor receives funding from Nippon Foundation Ocean Nexus Center. He is on an advisory committee for Fisheries and Oceans Canada’s Pacific Integrated Commercial Fisheries Initiative.

The words “blue economy” will soon shape the future of Canada’s oceans , from the fiords and straits of British Columbia to the rugged coastlines of the Atlantic to the vast seascapes of the Arctic. The transformation of Canada’s ocean economies will be felt throughout the country and will set an example for nations around the world.

But what is a blue economy? And what makes it different from business as usual?

The term blue economy was first championed by small-island developing countries , including Fiji, Bahamas and Palau, to bring more local benefits from ocean industries. Developing a blue economy means establishing ocean spaces and industries that are socially equitable, environmentally sustainable and economically profitable .

Canada has been a key player in these efforts, including by supporting the first global conference on a blue economy , held in Nairobi in 2018 with over 18,000 participants. Now Canada is bringing the blue economy to its own waters.

As researchers at the intersection […]

Click here to view original web page at theconversation.com

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