The course will explore the origins of the blue economy and the manner in which it is regulated under international, regional and national governance frameworks - including the gaps in regulation/implementation that will allow continued erosion of the natural ocean capital - with a particular emphasis on how the trade context affects and is affected by the Blue Economy agenda.
Using case studies, it will also consider how the blue economy and its sustainable development has been and is best integrated into national and regional development plans, identifying best practice and ultimately exploring how best the Blue Economy can yield substantial opportunities and benefits to small island development states, like those of CARICOM.
Goals of the course:
- Facilitate participants’ understanding and tracing of the origins of the blue economy and their exploration of its links to the sustainable development goals (SDGs).
- Examine the relevant legal and governance frameworks under which the blue economy currently operates/is governed.
- Facilitate participants’ exploration of the linkages between the blue economy and trade (at international and regional levels).
- Foster participants’ appreciation of the commercial and business opportunities provided for developing countries to sustainably develop the blue economy and share in its resources.
Specific Learning Outcomes/ Objectives
On successful completion of the course, participants will be able to:
- Explain the blue economy, including its current value, and how it is currently regulated internationally and regionally.
- Explain how the blue economy can be successfully developed at the national and regional levels
- Develop the contours of a policy/strategy for the successful development of a particular sub-sector tools of the blue economy.
- Assess the policy and regulatory dimensions that countries must address in order to sustainably develop the blue economy.
- Identify successful national and regional strategies (best practice) for sustainable development of the blue economy (with a particular focus on SIDs and Caribbean economies).
