‘Ensuring a sustainable Blue Economy is essential to achieve social and economic development goals of G20 countries’
The HinduThe G20 Environmental and Climate Sustainability Working Group meeting was recently held in Bengaluru. The concept of Blue Economy is highly relevant to the G20 forum because all G20 countries are coastal States and rely heavily on ocean resources for livelihoods and economic growth. Therefore, ensuring a sustainable Blue Economy is essential to achieve the social and economic development goals of G20 countries which will cascade into larger impacts upon the global economy. The G20 discussions on Blue Economy will have a bearing on other global dialogues on sustainable development and climate action. As a cross-cutting theme, the Indian presidency is also advocating resilience against climate change as an important prerequisite for building a sustainable Blue Economy.