Sesel Sa! January - March 2015 Jan - March 2015 | Page 52

The Blue Economy The emergence and the recent evolution of the concept of the Blue Economy in several forums bears testimony to its importance as an alternative economic model for sustainable development that acknowledges our dependency on the oceans. Following the Rio+20 Conference, there has been a growing appreciation that the world’s oceans and seas require more in-depth attention and coordinated action. The outcome document of the Conference, “The Future We Want,” identifies three key dimensions for sustainable development: poverty eradication; promotion of sustainable patterns of consumption and production; and protection of the natural resource base for socio-economic development. The document devotes a long section to the c