CURRENT AFFAIRS

Detailed explanation-1: -The first global conference on the sustainable blue economy was held on 26-28th November in Nairobi, Kenya. The Sustainable Blue Economy Conference was organised by Kenya with Canada and Japan as co-hosts. India made its presence in the conference highlighting India’s strategic advantages in Blue Economy.

Detailed explanation-2: -About the Blue Economy Conference This is the first global conference on the sustainable blue economy co-hosted in Nairobi, Kenya by Canada and Japan.

Detailed explanation-3: -The First IORA Ministerial Blue Economy Conference (BEC) was held in Mauritius on 2-3 September 2015 where the Blue Economy Declaration was adopted.

Detailed explanation-4: -In 2010, Belgian economist Gunter Pauli launched another initiative: the blue economy. In his book, The Blue Economy, he proposes some 100 ideas for sustainable production.

Detailed explanation-5: -The UN first introduced “blue economy” at a conference in 2012 and underlined sustainable management, based on the argument that marine ecosystems are more productive when they are healthy.