The blue economy goes beyond the idea of utilizing the ocean for economic prosperity only. It focuses on blue growth, preservation of the marine ecosystem, improvement of livelihood and providing opportunities for jobs. In 2010, Gunter Pauli introduced the concept of the blue economy in his book, “The Blue Economy: 10 years, 100 innovations, 100 million jobs”. The books emphasize that the blue economy is the sustainable use of ocean resources and the conservation of marine health and ecosystem. Water covers 71% of Earth total surface. Half of the percentage of the world’s population lives within 60km of the sea, which indicates that above 75% of large cities, are located in the coastal areas. Ocean covers at least 3-5% of global GDP. Littoral states have great potential to improve their economic growth by creating enormous opportunities such as jobs, food security, discoveries of new chemicals and drugs for medical and other purposes in daily life. Because of urbanization, deforestation, climate change, increase in population and industry (factories, etc.), the world is moving from green economic resources to blue economic resources. Oceans and seabed stores resources as the land have embedded in its depth. Many littoral and Island states rely on … Continue reading Pakistan on its way to Blue Economy