S2E16: The emerging ocean economy in South-east Asia

Green Pulse

Businesses are starting to recognise the potential of the emerging blue economy.

Synopsis: Every first and third Tuesday of the month, The Straits Times analyses the beat of the changing environment, from biodiversity conservation to climate change.

A healthy ocean is one of humanity’s greatest defences against climate change, and businesses are now starting to recognise the importance – and potential – of the emerging blue economy.

From sustainable aquaculture and farming practices, to offshore renewables and sustainable shipping, the ocean is becoming a frontier for innovation and investment.

The involvement of the private sector can bring in much-needed funding to ensure that the oceans are managed sustainably.

But what are the opportunities in this emerging sector, and is there a tension between profit-making and conservation? Tune in to this episode to hear more from Dr Alfredo Giron, head of ocean at the World Economic Forum.

Highlights of conversation (click/tap above):

1:06 What is the blue economy?

6:35 What are the traditional and emerging sectors in the ocean economy?

10:22 How can opportunities in the ocean economy be made available to developing countries?

14:59 What are some examples of bankable ocean projects?

17:45 What do countries think of the potential of the ocean economy?

22:55 What is the appetite like among businesses?

Follow Audrey Tan on LinkedIn: https://str.sg/848W

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Hosts: Audrey Tan ([email protected]) & David Fogarty ([email protected])

Produced and edited by: Hadyu Rahim & Natasha Liew

Executive producers: Ernest Luis & Lynda Hong

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Chapters

1. The emerging ocean economy in South-east Asia (00:00:00)

2. What is the blue economy? (00:01:06)

3. Sectors in the ocean economy (00:06:35)

4. Making ocean jobs accessible (00:10:22)

5. Examples of bankable ocean projects (00:14:59)

6. Country views on ocean economy (00:17:45)

7. Business appetite for ocean economy (00:22:55)