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          Unlocking the potential of the blue economy for socioeconomic development in Southern Africa: issues and policy options:Policy brief      

Unlocking the potential of the blue economy for socioeconomic development in Southern Africa: issues and policy options:Policy brief This policy brief derives from a background study conducted by the sub regional office for Southern Africa of the Economic Commission for Africa (ECA), entitled: “The Blue Economy, Inclusive Industrialization and Economic Development in Southern Africa”, which was presented to the twenty-fourth session of the Intergovernmental Committee of Experts Meeting for Southern Africa in Mauritius in September 2018. A study on the blue economy in Southern Africa (ECA, 2018) revealed that vast blue economy resources can indeed anchor socioeconomic development, industrial economic diversification and structural transformation for coastal, land linked, landlocked and island States. This can be done through established economic uses of the ocean and other emerging activities, such as those related to offshore oil and gas extraction, deep sea minerals exploitation, renewable energy development, aquaculture, biotechnology and research and development, as well as their related value chains.


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