Governing challenges in implementing the blue economy

The relationship between ocean resilience and the blue economy is clear, as both components aim to regulate and protect marine environments in an ecologically sustainable manner. In general, the concept of the blue economy has gained prominence due to increasing apprehensions regarding the significant adverse effects, such as overfishing, habitat degradation, marine pollution, ocean acidification, and climate change on the marine environment.

The blue economy concept occasionally revolves around equitable utilisation of marine resources, with a focus on sustainable development strategies that do not compromise the long-term viability of the environment. The adoption of a blue economy plan aims to optimise the effective utilisation of marine resources for economic benefit, while concurrently addressing issues of poverty alleviation and environmental deterioration.