Knowledge at Wharton The Blue Economy: How Impact Investing Can Help It Grow
Nov 15, 2018
Amy Gonzalez, Executive Director of PEMSEA, leads efforts for healthy oceans, while Dale Galvin, Managing Director of RARE, focuses on value creation in coastal communities. They discuss the balance between sustainable fishing and livelihoods, emphasizing innovative financing strategies and the empowerment of small-scale fisheries. Insights into the blue economy reveal how local knowledge and partnerships drive sustainability. They highlight successful local initiatives that improve food security and advocate for integrating economic growth with environmental responsibility.
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Global Overfishing Crisis
- 3 billion people rely on fish as their main protein source globally.
- Over 90% of global fisheries are overfished, threatening food security and livelihoods, especially in Asia.
Integrated Marine Management
- Sustainable fishing requires integrated coastal and marine management beyond just increasing fish catch.
- Healthy ecosystems, marine planning, and coordination across sectors sustain fisheries and economies.
Empower Small-Scale Fishers
- Empower small-scale fishers by helping them organize and giving them a voice in resource management.
- Make them stewards of coastal areas to sustain fisheries and livelihoods locally.