Online Course Rebuilding a Blue Economy Post Covid-19 New Challenges, Recovery Measures and Resilience
Globally, the ocean economy has an asset base of over USD 24 trillion and generates at least USD 2.5 trillion each year from the combination of shing and aquaculture, shipping, tourism, and other marine based activities (WWF, 2015). However, these are mere estimations given that the full potential of aquatic and marine ecosystems and associated resources is still not well understood globally and on the African continent. The lack of knowledge of blue resources at stake is a major gap hindering the sustainable harnessing of Blue Economy resources, policy development and implementation on the Blue Economy. As an example, more than 80 per cent of the oceans remain completely unmapped. This is combined with an equally poor mapping of freshwater and groundwater resources on the continent. To address this, ECA has embarked on the development of a Blue Economy valuation toolkit aimed to guide data collection and analysis for the socio-economic assessment of blue resources, including goods and services generated; which in turn is expected to provide an accurate snapshot of the potential of the Blue Economy and to help inform decision-making.
In addition, there is still lack of clear understanding of the concept and multisectoral approach of the Blue Economy by policy makers and stakeholders. ECA has played an instrumental role in the past few years in assisting member States and regional bodies in developing their rst strategic policy frameworks using the methodology provided by the Blue Economy Policy Handbook for Africa (ECA ‑agship publication). Countries such as Seychelles have decided to fully focus on the Blue Economy to sustain their post-Covid19 recovery. Indeed, due to the vastness of its opportunities the Blue Economy represents more and more a very promising outlet to build economies back better, for sustainable growth within the context of the socio-economic crisis generated by the Covid 19 pandemic. Hence, there is need to build back better and develop capacities on the Blue Economy concept, approach, related policy and valuation tools to raise awareness, disseminate knowledge and enable key players to apply it through tailor-made assessments aswell as policy and regulatory frameworks and action plans. This has been highlighted as a key priority at the 2019 Intergovernmental Committee of Senior Ocials and Experts of SRO-EA and in the policy framework of Seychelles, the Indian Ocean Commission (developed with EAC support). With respect to UNIDEP, this training falls under Cluster 4 (Integrated Natural Resource Management) of the training catalogue adopted by the Technical Advisory Committee of UNIDEP and endorsed by its governing council.
This online course aims to introduce the fundamentals of the Blue Economy, its concept and approach, as well as provide a step by step guide to help stakeholders to better mainstream the Blue Economy into their national strategic policy frameworks towards the implementation of the objectives of the Agendas 2030 and 2063. At the end of the course, participants will have:
- An enhanced exposure to and improved understanding of the di_erent components of the Blue Economy;
- An increased capacity to develop sustainable strategic policy frameworks on the Blue economy;
- A strengthened knowledge of the blue potential through in-depth socio-economic assessments using the valuation toolkit.
- A better understanding on how to build back better within the context of post-Covid19 recovery