This area needs immediate policy support to utilise and conserve marine resources effectively
While thinking of a sea-based economy, we must think of “Blue Justice” and “Blue Equity” to ensure people's rights over coasts, seas, and the resources therein.
Exporting manpower to France can be an area of discussion during Macron's visit.
State Minister for Planning Dr Shamsul Alam today (July 21, 2022) proposed forming a new authority – either a ministry or a division under a ministry -- to help tap the potentials of blue economy that remains untapped.
Before delving into the matter of blue bonds, it is important to briefly understand the “blue economy” itself. Blue economy is a term in economics which relates to the preservation and exploration of the marine environment.
Twenty six sectors have been identified to exploit the promising sectors of the blue economy in Bangladesh, however almost all of them remained untapped for lack of proper initiatives.
Blue economy means extraction of the resources of sea for the growth of an economy. Bangladesh has settled maritime boundary disputes with Myanmar in 2012 and with India in 2014 through an arbitral method. It is estimated that Bangladesh has acquired 118,813 square kilometres of the Bay of Bengal. The areas of resources include 200 nautical miles of exclusive economic zone and over 354 nautical miles of resources on seabed (continental shelf). It is estimated that the resources from the sea of Bangladesh constitute 81 percent of the resources existing in its land territory.
World oceans play the crucial role of a life support in poverty alleviation, food security, human health, and curbing climate change.
Bangladesh, India and Myanmar have agreed to work together for collaborative efforts to conserve Hilsa, the national fish of Bangladesh.
This area needs immediate policy support to utilise and conserve marine resources effectively
While thinking of a sea-based economy, we must think of “Blue Justice” and “Blue Equity” to ensure people's rights over coasts, seas, and the resources therein.
Exporting manpower to France can be an area of discussion during Macron's visit.
State Minister for Planning Dr Shamsul Alam today (July 21, 2022) proposed forming a new authority – either a ministry or a division under a ministry -- to help tap the potentials of blue economy that remains untapped.
Before delving into the matter of blue bonds, it is important to briefly understand the “blue economy” itself. Blue economy is a term in economics which relates to the preservation and exploration of the marine environment.
Twenty six sectors have been identified to exploit the promising sectors of the blue economy in Bangladesh, however almost all of them remained untapped for lack of proper initiatives.
Blue economy means extraction of the resources of sea for the growth of an economy. Bangladesh has settled maritime boundary disputes with Myanmar in 2012 and with India in 2014 through an arbitral method. It is estimated that Bangladesh has acquired 118,813 square kilometres of the Bay of Bengal. The areas of resources include 200 nautical miles of exclusive economic zone and over 354 nautical miles of resources on seabed (continental shelf). It is estimated that the resources from the sea of Bangladesh constitute 81 percent of the resources existing in its land territory.
World oceans play the crucial role of a life support in poverty alleviation, food security, human health, and curbing climate change.
Bangladesh, India and Myanmar have agreed to work together for collaborative efforts to conserve Hilsa, the national fish of Bangladesh.
