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Blue Economy

ASEAN countries have potentials in developing blue economy to support sustainable development.
by Fani Pangaribuan April 16, 2024
blue economy infographic

Blue Economy by Fani Pangaribuan

Blue economy is one of the new economic concepts that is now starting to be widely applied in many countries within the framework of sustainable development. The transition to a blue economy offers vast investment opportunities, job creation, and sustainable growth.

ASEAN accounts for 2.5% of the global ocean surface. It provides aquatic food products that supply 20% of the average animal protein intake for around 3.3 billion people.

Having a large marine wealth, ASEAN has the potential for profitable and promising blue economic markets if properly utilized, which can support sustainable development in various sectors.

To achieve the goal in supporting sustainable development through blue economy, it requires close cooperation between ASEAN countries, especially regarding cross-broder and maintenance protocols that can ensure the implementation of sustainable economic activities in water areas that benefit people and the planet.


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