The Blue Economy
The Blue Economy is a business and society response to environmental, resource and social challenges. This concept recognizes the multiple benefits of marine and coastal ecosystems for current and future generations and the need for sustainable use and development of these resources. Key components of the blue economy include ecosystem based management of fisheries, restoration and maintenance of blue carbon elements including mangroves, salt marshes and sea grass, sustainable sea transport, environmentally responsible exploration and exploitation of non-living resources such as hydrocarbons and seabed minerals and the production of ocean renewable energy from offshore wind, waves, currents and tides.
ANCORS staff and fellows have a wide range of professional expertise and research experience across all aspects of the blue economy. Current research projects within ANCORS encompass diverse aspects of the blue economy including sustainable development of fisheries in the Pacific, the viability of deep seabed mining in the Pacific and the restoration and maintenance of blue carbon elements in the Asia Pacific. In addition, ANCORS has an established reputation for high quality professional training courses and capacity building in all aspects of the blue economy.