Second Blue Economy Conference slated for February 2025

Accra, Nov 04, GNA – The second International Blue Economy Conference (IBEG-2025) is set to take place from February 19 to 21, 2025, in The Gambia.

It will be organized by the Gambian Ministry of Transport, Works and Infrastructure in collaboration with the Regional Maritime University (RMU) in Accra and the Dar es Salaam Maritime Institute in Tanzania.

A statement issued in Accra said the conference aims to bring together international stakeholders to share innovative ideas and strategies to promote the blue economy.

Participants will explore how leveraging the blue economy, which encompasses sustainable use of ocean resources, can drive development across Africa by tapping into the vast opportunities within the maritime sector.

The conference will also focus on promoting the innovative and sustainable use of the blue economy within the framework of maritime security, safety, and development.

It aims to establish a platform for knowledge sharing, networking, and capacity building among stakeholders and partners.

The conference will be held on the theme, “Harnessing the Blue Economy: Leveraging for Innovative and Sustainable Development.”

Gambia. Other high-profile dignitaries expected to attend include Mr. Arsenio Dominguez, Secretary General of the International Maritime Organization (IMO), Dr. Paul Ikongshul Adalikwu, Secretary General of the Maritime Organization of West and Central Africa (MOWCA), as well as ministers from across the continent.

Their participation underscores the importance of the blue economy as a vital component of regional development and cooperation.

There would be other sub-themes for discussion including Sustainable fisheries and Aquaculture (Offshore and Coastal Fisheries), Ocean Renewable Energy, Eco-tourism and Marine Conservation, Blue technology and Innovation, Ocean Governance and Policy, Maritime Legislation as well as Climate Resilience and adaptation.

The statement indicated that conversations were expected to be held on Sustainable Shipping and Transportation, Development of Coastal Infrastructure, Environmental Sustainability, Sectorial and Institutional Linkages, Maritime Safety and Security, Decarbonization of Maritime Transportation, Marine/Coastal Tourism and Hospitality, Marine Digitalization and Marine Artificial Intelligence (AI in Maritime).

“Other areas to be tackled would be Oil and Gas, Marine Technological Innovation, International Cooperation in the Maritime Sector, Maritime Transport and Port Development, Marine Biotechnology,

Climate Change and Coastal Resilience and Digital Transformation in the Blue Economy,” the statement said.

The statement said the conference offered a huge opportunity for Africa to take advantage of the enormous potential within the blue economy to foster development.

It said, with an annual estimated turnover of between US$3 and six trillion in sectors, including employment, ecosystem services provided by the ocean and cultural services, the blue economy would support the diversification of the economy.

“In addition, it is estimated that fisheries and aquaculture contribute US$100 billion per year and about 260 million jobs to the global economy, according to United Nations (UN) Department of Economic and Social Affairs (DESA) report,” the statement indicated.

The statement added that “investing in the ocean economy and sustainable technologies would diversify its economy and open new avenues for sustainable growth, job creation and environmental stewardship.”

GNA