Oceans Economy and Fisheries
ditc-ted-OceansEconomy1.jpgOceans and seas cover over two-thirds of the earth's surface, provide food and minerals, generate oxygen, absorb greenhouse gases and keep climate change in check, determine weather patterns and temperatures, and serve as highways for sea-borne international trade. Oceans and seas can play a major role in contributing to achieving sustainable development, economic growth, and livelihoods.
The oceans economy (also known as the blue economy) is defined as a subset of, and complement to, the evolving development paradigm emphasizing greener and more sustainable and inclusive economic paths. It seeks to expand the economic frontiers of coastal countries beyond their land territories. The Oceans economy encompasses a sustainable economy for the ocean-based marine environment, related biodiversity, ecosystems, species and genetic resources including marine living organisms (from fish and algae to micro-organisms) and natural resources in the seabed, while ensuring their sustainable use and hence, conservation. The value of the global ocean-based economy is estimated between USD 3-6 trillion/year and more than 3 billion people rely on the oceans for their livelihoods.
UNCTAD is supporting developing countries to identify the opportunities and challenges that the oceans economy can bring. It also supports national trade and other competent authorities to design and create an enabling policy and regulatory environment that promotes the development and emergence of sustainable oceans economic sectors through the definition and implementation of national and regional oceans economy and trade strategies.

 Meetings and Events

Start DateTitleLocationCountry
30-31 Oct 2019Second National Stakeholder Workshop: Discussion and validation of an Oceans Economy and Trade Strategy for Costa RicaPuntarenasCosta Rica
09 Sep 2019Online Briefing on WTO negotiations and implications for the design of Oceans Economy and Trade Strategies (OETS)GenevaSwitzerland
09-13 Sep 2019UN Trade Forum: SDGs and Climate ChangeGenevaSwitzerland
26 Jun 2019Stakeholder Consultations on Draft Oceans Economy and Trade Strategies Report for Costa RicaPuntarenasCosta Rica
13 Jun 2019Towards an Inter-agency Plan of Action for achieving the trade-related targets of Sustainable Development Goal 14GenevaSwitzerland
01 Mar 2019UNCTAD and CITES jointly organise World Wildlife Day event – Life Below Water: For People and PlanetGenevaSwitzerland
26-27 Feb 2019First National Stakeholder Workshop: Ocean-based sectors assessment and selectionBridgetownBarbados
28-29 Nov 2018First National Stakeholder Workshop: Oceans based sectors selection and assessmentBelize CityBelize
06-07 Nov 2018First National Stakeholder Workshop: Oceans based sectors selection and assessment San JoseCosta Rica
16-17 Jul 20182nd Oceans Forum on Trade-related Aspects of Sustainable Development Goal 14GenevaSwitzerland
20-22 Jun 2018UNCTAD, DOALOS and Commonwealth – Field Mission to Barbados: An Oceans Economy and Trade Strategy for BarbadosBridgetownBarbados
19-21 Jun 2018Regional workshop ’’WTO, market access and fish trade’’BelgradeSerbia
08-09 May 2018UNCTAD-DOALOS Field Mission for Belize: An Oceans Economy and Trade Strategy for BelizeBelmopanBelize
12-13 Mar 2018Field Mission: Toward an Oceans Economy and Trade Strategy for Costa RicaSan JoséCosta Rica
11 Dec 2017Fish Trade, Fisheries Subsidies and SDG 14 Buenos AiresArgentina
28 Sep 2017How can agricultural and fisheries trade contribute towards achieving the Sustainable Development Goals? FAO-UNCTAD session at the WTO Public Forum 2017–Trade: Behind the HeadlinesGenevaSwitzerland
27 Sep 2017Challenges and Opportunities for Small-Scale Fishers in Fish Trade. FAO-UNCTAD session at the WTO Public Forum 2017–Trade: Behind the HeadlinesGenevaSwitzerland
08 Jun 2017High Level Exchange: Pacific Leadership through Innovative Approaches to the Oceans Economy – Pacific 2050New YorkUnited States of America
08 Jun 2017Blue BioTrade: Harnessing trade and investment for sustainable useNew YorkUnited States of America
07 Jun 2017Enhancing trade opportunities for LDCs and SIDS through the fisheries sector: Addressing challenges imposed by international food standardsNew YorkUnited States of America
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UN Trade Forum
18 September 2019Time, ambition of the essence in ending harmful fisheries subsidies
Goal 14
20 June 2019UNCTAD in inter-agency plan to protect oceans and seas
Flag of Barbados
22 March 2019Barbados bets on high-value seafood for blue future
28 February 2019Life below water matters
Flag of Belize
21 December 2018Belize charts sustainable, trade-led course for its fisheries
Flag of Costa Rica
16 November 2018Costa Rica opts for trade-led sustainable fisheries strategy
Goal 14
19 July 2018Oceans Forum: Use trade to help, not harm, global fisheries
18 July 2018'Seaweed' pencil shows untapped economic potential of marine resources
17 July 2018WTO fisheries subsidies negotiations - down but not out
17 July 2018From fish to dish – securing a sustainable future for the fisheries sector
SDG 14
16 July 2018Oceans Forum seeks consensus on fish-to-dish solutions
Goal 14
19 December 2017Experts look beyond WTO setback as time runs out to roll back harmful fishing subsidies
29 September 2017Time is running out to find a solution to overfishing, UNCTAD warns
21 September 2017UNCTAD and the Commonwealth sign cooperation agreement
Goal 14
24 August 2017Fishery exports and Least Developed Countries
SDG 14
12 June 2017New Blue BioTrade initiative announced at the UN Ocean Conference
SDG 14
09 June 2017A Piece of the Fish Pie: Sharing the Benefits of Fisheries with LDCs and SIDS
SDG 14
06 June 2017UNCTAD joins the growing number of voluntary commitments on ocean action
06 June 2017The clock is ticking for world leaders to generate wealth from sustainable fisheries
06 June 2017UNCTAD and other global influencers gather to discuss eliminating harmful fisheries subsidies at UN Ocean Conference
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