White paper underscores India’s vast marine resources
Low private investment, limited data sharing and technology gaps, particularly in emerging areas like offshore wind and deep-sea exploration have been identified in a white paper released at the “Second Blue Talks” in New Delhi on 20 May https://www.commerce.gov.in/.
The report, “Transforming India’s Blue Economy: Investment, Innovation and Sustainable Growth”, also highlights pragmatic interventions and highlights scalable and replicable models from across India, including women-led seaweed farming, smart port development, and green ship recycling. “These demonstrate the potential for achieving both economic growth and environmental sustainability,” said the paper.
While acknowledging significant sectoral progress, the white paper emphasises the need for a unified and coordinated approach to overcome existing challenges at the “Second Blue Talks”, organised by the Ministry of Earth Sciences (MoES), in collaboration with the Embassy of France and the Embassy of Costa Rica in India https://www.investindia.gov.in/.
“This event aimed to serve as a milestone in the lead-up to the 3rd United Nations Ocean Conference (UNOC3), which will be held in Nice, France, from 9-13 June 2025,” said MoES.
The report underscores the critical role of India’s vast marine resources, including its extensive coastline and Exclusive Economic Zone, as a vital engine for national progress.
It highlights the collaborative efforts of 25 ministries, alongside coastal state and union territory initiatives, in driving sustainable growth across various ocean-related sectors https://www.nseindia.com/.
The report builds upon India’s G20 Presidency commitments and the Chennai High-Level Principles for a Sustainable and Resilient Blue Economy, further solidifying its importance within the Viksit Bharat vision for 2047.
As the nodal agency for the implementation of the Blue Economy in India, MoES, has been actively working towards enhancing the visibility and effective implementation of blue economy initiatives across the nationhttps://www.bseindia.com/.
“This white paper builds upon these efforts by providing a consolidated framework that aligns government actions, fosters cross-sectoral synergies, and promotes greater investment to unlock the vast potential of India’s ocean resources for sustainable and economic development,” said MoES.
The core objective of the second Blue Talks was a dynamic stakeholder consultation session centred around four themes:
Conserving, Sustainably Managing, and Restoring Marine and Coastal Ecosystems;
Increasing Ocean-Related Scientific Cooperation, Knowledge Building, Marine Technology, and Education for Enhanced Ocean Health;
Preventing and Significantly Reducing Marine Pollution from Land-Based Activities and Beyond;
Leveraging the Interconnectedness of Ocean, Climate, and Biodiversity.
This event fostered detailed discussions, encouraging collaborative problem-solving and the generation of innovative solutions essential for long-term ocean sustainability.
Building upon the success of the first Blue Talks held in February 2024, the second meeting was attended by leading scientists, policymakers, global stakeholders, and representatives from government, academia, industry, and civil society. The forum aimed to accelerate action and galvanize concrete commitments towards the conservation and sustainable use of our oceans, directly aligning with the UNOC3 theme.
The event was chaired by MoES Secretary Dr M. Ravichandran and co-chaired by Néstor Baltodano Vargas, Ambassador of Costa Rica to India and Damien Syed, Deputy Head of Mission, French Embassy.
Damien Syed said, “As India progresses with the ratification of the BBNJ Agreement, and with UNOC3 on the horizon this June, this is a crucial moment to gather profound perspectives from India’s leading ocean experts.” The BBNJ Agreement is a new international treaty adopted in 2023 to protect and sustainably use marine life beyond national jurisdiction.
Dr Ravichandran emphasized, “To truly achieve SDG 14 and the goals of the UN Ocean Decade, we must prioritise comprehensive ocean resource mapping, develop cutting-edge technologies, implement policy interventions, and invest in building robust human capital for our marine future.”
Adding to this, Ambassador Vargas mentioned, “this event will significantly strengthen collaboration between our nations, driving concrete action towards SDG 14.” Fiinews.com
