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04 OCTOBER, 2017 (MAINS)

TODAYS ANSWER WRITING CHALLENGE FROM GS- I

Q1. The Sustainable Development Goal 14 of the United Nations recognizes that Oceans, along with coastal and marine resources play an essential role in human well-being and social and economic development of the world. Discuss its significance in the light of the “blue economy”.

 

Please write the answer in comments section

  • Osho Korde

    Humanity’s relationship with the oceans, and how people use and exploit their resources, is evolving in important ways. While the oceans are increasingly becoming a source of food, energy, and products such as medicines and enzymes, there is also now a better understanding of the non-market goods and services that the oceans provide, which are vital for life on Earth. People also understand that the oceans are not limitless and that they are suffering from increasing and often cumulative human impacts. Oceans that are not healthy and resilient are not able to support economic growth.

    The fact that oceans and seas matter for sustainable development is undeniable. Oceans and seas cover over two-thirds of Earth’s surface, contribute to poverty eradication by creating sustainable livelihoods and decent work, provide food and minerals, generate oxygen, absorb greenhouse gases and mitigate the impacts of climate change, determine weather patterns and temperatures, and serve as highways for seaborne international trade. With an estimated 80 percent of the volume of world trade carried by sea, international shipping and ports provide crucial linkages in global supply chains and are essential for the ability of all countries to gain access to global markets (UNCTAD 2016).

    The “blue economy” concept seeks to promote economic growth, social inclusion, and preservation or improvement of livelihoods while at the same time ensuring environmental sustainability. At its core it refers to the decoupling of socioeconomic development through oceans-related sectors and activities from environmental and ecosystems degradation.