04 Mar 2025

The Scottish Government has commissioned a report scoping potential scenarios for the blue economy up to 2045, highlighting significant risks and opportunities. The report identified four possible futures: End of the Rainbow, Winner Takes it All, Status Woe, and Live Fast, Die Young.     Stakeholders that fed into the report agreed Scotland must pursue […]

19 Dec 2023

Ireland’s ocean economy grew its turnover by 17 per cent last year, while the number of jobs in the sector rose by 19 per cent, according to a report by the Marine Institute. The 2023 Ocean Economy Report provides an update on Ireland’s ocean economy for 2022 across three main economic indicators: turnover, gross value […]

13 Dec 2022

The Scottish Government has published their delivery plan for the Blue Economy Vision, which was published in March 2022. The document, ‘Delivering Scotland’s Blue Economy Approach’, was launched at the end of November and sets out the first phase of delivery towards the Vision.     Mairi Gougeon, Cabinet Secretary for Rural Affairs and Islands, […]

12 Jul 2022

The Marine Institute and the Socio-Economic Marine Research Unit (SEMRU) at NUI Galway, are conducting a survey of marine and marine-related businesses as part of the regular reporting on Ireland’s Ocean Economy. Although the CSO and other State organisations provide some data on marine related economic activity, there is a need to supplement this data […]

21 Jun 2022

The United Nations Environment Programme Finance Initiative (UNEP-FI) has published a briefing paper on deep-sea mining. Discussing the significant reputational, regulatory, and operational risks associated with plans to mine the deep seabed of minerals, the paper addresses how financial institutions should respond to the deep-sea mining sector. It also lays out how financial institutions wishing […]

07 Jun 2022

The United Nations Environment Programme Finance Initiative (UNEP-FI) has published a briefing paper on deep-sea mining. Discussing the significant reputational, regulatory, and operational risks associated with plans to mine the deep seabed of minerals, the paper addresses how financial institutions should respond to the deep-sea mining sector. It also lays out how financial institutions wishing […]

05 Apr 2022

Blue Economy Vision for Scotland launched: Scottish Government news release: Move to make Scotland a global leader in marine management. Scotland’s ambition for a world-leading ‘Blue Economy’ has been set out in a vision document. The Blue Economy is sustainable use of ocean resources for economic growth, improved livelihoods and jobs, while preserving the health […]

03 Sep 2018

The “Blue” in “Blue Economy” stands for the seas and oceans. As a vital component of Europe’s coastal economies, oceans can also contribute to our continent’s overall prosperity. They can produce investment, jobs and economic growth – and the heathier they are, the more productive they’ll be. Therefore, the Blue Economy must be a Sustainable […]