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What is Understanding the Blue Economy Concept about?

Seychelles became the first country to issue sovereign Blue Bonds to raise capital for ocean and marine projects. Blue economy refers to the sustainable use and conservation of ocean resources for economic growth while maintaining ocean health. It includes industries like renewable energy, fisheries, maritime transport, and tourism. The blue economy has significant potential but faces challenges like overexploitation, pollution, and climate change impacts. India is well positioned to benefit from blue econo

Author

Sandeep Prakash

Language

EN