Namibia on its way to blue economy

20 June 2019 | Fishing

STAFF REPORTER

The first public consultative meeting of the inter-ministerial blue economy committee will take place today.

The meeting will be take place at the Khomas regional council hall from 09:00 to 17:00 and will be attended by government organisations, ministries and agencies, the private sector, inter-governmental and non-governmental organisations, as well as members from the public.

The objective of the workshop is to raise awareness on the blue economy and solicit input from the participants on the Namibia Sustainable Blue Economy Policy.

The blue economy technical committee is spearheading the development of the policy. In order to deliver the policy by 30 June this year, in accordance with a presidential directive, the committee will be technically, administratively and financially supported by the Benguela Current Convention (BCC) through its Benguela Current Large Marine Ecosystem Project (BCLME III Project).

In addition to regional activities, the project has national level activities, with the focus on Namibia promoting the blue economy. The BCLME III Project is funded by the Global Environment Facility (GEF) through the United Nations Development Programme (UNDP).

In May 2017, President Hage Geingob signed the Fifth National Development Plan (NDP5) that serves as a blueprint or a roadmap on how the country can accelerate development, grow an inclusive economy, eliminate poverty and reduce inequality to achieve Vision 2030.

In order to achieve structural transformation and ultimately inclusive, sustainable and equitable growth, NDP5 proposes interventions in several focus areas, one of which is the blue economy. It is foreseen that by 2022, Namibia will have implemented a blue economy governance and management system that sustainably maximises economic benefits from marine resources and ensures equitable marine wealth distribution for all Namibians.

To achieve this, the blue economy technical committee was established in 2018, to steer the process of implementing blue economy strategies.