PNG lawyer attends US talks on economy and sustainability
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#c8a23669 ver:0.06
The concept of the blue economy, which focuses on the sustainable use of ocean resources for economic growth and development, has been gaining attention globally. However, policy challenges are hindering its full potential .
Despite the potential of the blue economy to create jobs, boost tourism, and contribute to sustainable development, policy issues such as lack of coordination, inadequate infrastructure, and limited investment are preventing its full development .
The blue economy has been recognized as a significant sector with the potential to generate economic benefits. It is estimated that the oceans and their associated sectors generate about $133 billion annually . However, without addressing these policy issues, the growth and impact of the blue economy will be limited .
Afri...
#newstr #BlueEconomy #Sustainability #EconomicDevelopment #PapuaNewGuinea #UnitedStates