The Asia-Pacific Blue Economy Forum has commenced, with Maldives co-hosting the prestigious forum. The forum serves as a platform for countries to engage in discussions to formulate developmental plans and will be held with joint-efforts of the ministry, UNDP and the Foreign, Commonwealth & Development Office of the United Kingdom.
The regional forum held in collaboration with the United Nations Development Programme (UNDP), is scheduled for a period of two days and will take place in Villa Nautica. The forum is a significant event attended by countries listed in the Climate Finance Network of UNDP. As such, this prestigious event was attended by over 100 representatives of 12 various countries.
Speaking at the inaugural ceremony of the forum, UNDP Resident Representative to the Maldives Enrico Gaveglia emphasised the importance of blue economies, noting that this was a crucial sector for countries such as the Maldives.
The concept of the blue economy pertains to the sustainable utilization of ocean resources for economic growth, improved livelihoods, and job creation while maintaining the health of ocean ecosystems. This encompasses traditional sectors such as renewable energy, fisheries, maritime tourism, climate change, and waste management, among others.
During the forum, British High Commissioner to Maldives Caron Röhsler stressed the significance of marine resources for low-lying island countries. Hence, she highlighted the importance of convening forums which discuss methods to maximise the utilisation of marine resources sustainably.
Furthermore, Röhsler underscored the momentousness of ensuring the provision of opportunities for the youth to excel within this emerging field. She reiterated the United Kingdom's steadfast support for the Maldives, particularly in providing financial assistance for initiatives related to the blue economy and environmental protection.