Blue Economy

Description:

The Blue Economy is an innovative economic model that promotes the sustainable use of marine resources for economic growth, improved livelihoods, and job creation, while preserving the health of marine and coastal ecosystems.

Relevance to Egypt and CAMC:

Advocating for sustainable fisheries and improved seafood processing and trade.

Egypt, with over 2,400 km of coastline along the Mediterranean and Red Seas, holds vast potential for blue economy activities.

CAMC plays a central role in:

Supporting marine aquaculture as a sustainable food source.

Developing research-based marine biotechnology for pharmaceuticals and biofuels.

Enhancing coastal ecotourism and underwater archaeological tourism.

Strategic Focus Areas:

• Circular economy principles in marine industries.
• Empowerment of local coastal communities.
• Investment in marine innovation and clean technologies.
• Partnership with universities, investors, and NGOs to promote sustainable development goals (SDG 14: Life Below Water).