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- Lack of strong marine policy, weak ocean governance, and unsustainable use (e.g., IUU fishing, marine pollution, haphazard tourism, and unplanned coastal development) can be the huge risk factor for the effective execution of the blue economy.
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Therefore, there still remains ample opportunities as well as challenges for exploring large number of blue economy sectors, safeguarding mangrove and ocean grass, addressing environmental changes and managing carbon discharge, and introducing innovative technology for further development to contribute in achieving sustainable development goals.
- Prospect in Economy
- Fisheries and Aquaculture
- Natural Resources and Energy
If activities are carried out in at least four areas in the territory that Bangladesh has acquired as a result of the conquest of the sea, it is possible to earnabout 2.5 trillion US dollars every year by 2030. The four sectors are oil and gas extraction, fisheries extraction, port expansion, and tourism. 145 crore people liveon the shores of Bangl...
At present, Bangladeshi trawlers catch fish within 35-40 nautical miles from the coast. But our economic zone is 200 nautical miles. There is a special opportunity to strengthen the country's maritime economy by working in a wider range. According to Food and Agriculture Organization (FAO), Bangladesh is the first of the four countries among Thaila...
The amount of Bangladesh's natural resources above the water and under the water are the same. Moreover, The mineral resources at the bottom of the Bay of Bengal are thought to be unmatched by any other sea or bay in the world. The mineral resources at the bottom of this sea include about 17 types of mineral sand. Most of these are zircon, rutile, ...
Oct 27, 2020 · But we have some challenges to the perspective of Blue Economy such as frequent floods, marine pollution including Ocean acidification and blue carbon, lack of trained personnel,...
Feb 24, 2023 · Blue economy is all about improving human well being and equality while reducing in environmental risks and creating sustainable jobs by preserving healthy Marine and coastal ecosystem.If we...
But we have some challenges to the perspective of Blue Economy such as frequent floods, marine pollution including Ocean acidification and blue carbon, lack of trained personnel, harmonizing sectoral policies, plans and laws, poor ocean governance and political support etc.
The challenges militating against Blue Economy in Bangladesh include Effective Legal framework for ocean governance, Security threat in maritime area, Mismanagement and destructive fishing activities, Pollution in the Bay of Bengal etc. 1. Effective Legal Framework for Ocean governance.
Oct 21, 2021 · Blue economy prospect, opportunities, challenges, risks, and sustainable development pathways in Bangladesh. October 2021. DOI: 10.21203/rs.3.rs-1001892/v1. License. CC BY 4.0....
