Businesses are starting to recognise the potential of the emerging blue economy. 

Synopsis: Every first and third Tuesday of the month, The Straits Times analyses the beat of the changing environment, from biodiversity conservation to climate change.

A healthy ocean is one of humanity’s greatest defences against climate change, and businesses are now starting to recognise the importance – and potential – of the emerging blue economy. 

From sustainable aquaculture and farming practices, to offshore renewables and sustainable shipping, the ocean is becoming a frontier for innovation and investment. 

The involvement of the private sector can bring in much-needed funding to ensure that the oceans are managed sustainably. 

But what are the opportunities in this emerging sector, and is there a tension between profit-making and conservation? Tune in to this episode to hear more from Dr Alfredo Giron, head of ocean at the World Economic Forum.

Highlights of conversation (click/tap above):

1:06 What is the blue economy? 

6:35 What are the traditional and emerging sectors in the ocean economy? 

10:22 How can opportunities in the ocean economy be made available to developing countries? 

14:59 What are some examples of bankable ocean projects? 

17:45 What do countries think of the potential of the ocean economy? 

22:55 What is the appetite like among businesses? 

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Hosts: Audrey Tan (audreyt@sph.com.sg) & David Fogarty (dfogarty@sph.com.sg)

Produced and edited by: Hadyu Rahim & Natasha Liew 

Executive producers: Ernest Luis & Lynda Hong

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