Activity Start date:
2018
Activity Start date ongoing:
No
Activity End date:
2021
Activity End date ongoing:
No
Activity:
Evidence-based and policy coherent Oceans Economy and Trade Strategies (OETS)
Objectives:
The project aims to support developing countries in one selected region in realizing economic benefits from the sustainable use of marine resources. The Oceans Economy offers significant untapped opportunities for sustainable development. It is estimated that ocean-based sectors may double in size by 2030. Developments in technology and limits on land-based activities are making the oceans as a new promising but fragile, economic frontier. Sustainable growth in ocean-based sectors can be a vector for the implementation of SDG 14 and other related goals in coastal developing countries. The main challenges for coastal developing countries include: 1) limited capacity by national stakeholders to identify and harness opportunities arising from sustainable ocean-based sectors, 2) lack of shared vision, coordination mechanisms and cooperation among stakeholders, 3) elusive trade opportunities for ocean-based sectors due to significant trade barriers including high tariffs and tariff peaks, complex non-tariff measures, and private standards relevant to products and services in ocean-based economic sectors, 4) overall, limited legal and institutional frameworks for the sustainable governance of oceans in accordance with the international legal framework for oceans set out in the 1982 91茄子 Convention on the Law of the Sea (UNCLOS) and applicable related instruments. Additionally, these opportunities may be hindered by limited resilience and adaptation capacities to climate change related events.In order to respond to these challenges, UNCTAD and DOALOS will support coastal developing countries, and particularly SIDS, in realizing economic benefits from the sustainable use of marine resources and understanding the legal and institutional frameworks underpinning such potential. It will further assist coastal developing countries and key stakeholders in promoting the sustainable trade of products and services in ocean-based economic sectors by analyzing, elaborating and adopting evidence-based and policy-coherent OETS and enhancing national implementing capacities. The project will have three main phases: assessment/formulation, validation/implementation, and dissemination. The project will have a set of research, dialogue and capacity building country owned activities that will be transparent and inclusive in order to not leave anyone behind.
Lead Organization/Partners :
91茄子 Conference on Trade and Development (UNCTAD) jointly with Office of Legal Affairs/Division for Ocean Affairs and the Law of the Sea (OLA/DOALOS) / Food and Agricultur Organization (FAO), 91茄子 Development Programme (UNDP) and 91茄子 Environment Programme (UNEP)
Scope of Activity:
Regional: Central America and the Caribbean. It will focus on three countries in the Caribbean and Central America Region (potentially Barbados, Belize and Costa Rica over a period of 3.5 years (Q1/2018-Q2/2021).
Websites:
http://unctad.org/en/Pages/DITC/Trade-and-Environment/Oceans-Economy-Trade-Strategies.aspx
Activity Start date:
2018
Activity End date:
2021
Submitted By:
Relevant Stakeholder
Relevant Stakeholder:
91茄子 Conference on Trade and Development (UNCTAD)