Financing and Managing the Blue Economy
December 7, 2023 2023-12-07 18:16Financing and Managing the Blue Economy
Details
Duration: 3 days
Date: T.B.A 2024
Time: T.B.A
Delivery mode: In-Person
Venue: James Hope Business School - Twin Lakes Estate, Lekki Lagos.
Certificate: James Hope Business School course completion certificate will be issued to participants.
Fees
On-Campus: T.B.A
Open Admissions
James Hope Business School will fast-track your admission into our Short Courses.
Course Description
This course focuses on sustainable economic activities related to oceans and coastal areas. It explores the financial aspects, management strategies, and sustainability principles of activities such as fisheries, aquaculture, tourism, and marine conservation. It explores the concept of the blue economy and its sustainable development, emphasizing financial strategies, management practices, and policy frameworks for responsible utilization of ocean and coastal resources.
Faculty
- Faculty Instructor: Prof. Abiola Babajide
- Industry Partner: Dr. Rabiu Olowo
- Host: Prof. Olu Akinkugbe, Dean of James Hope Business School
Course Outline
- Introduction to the Blue Economy: Definition and scope of the blue economy, Historical perspective and importance, Sustainable development goals and the blue economy.
- Key Sectors of the Blue Economy: Fisheries and aquaculture management, Coastal and marine tourism, Renewable energy from oceans, Marine biodiversity conservation.
- Sustainable Financing Mechanisms: Public and private sector financing, International funds and grants, Investment opportunities and challenges, Blue bonds and impact investment.
- Legal and Regulatory Framework: International maritime laws and conventions, National policies and regulations, Exclusive Economic Zones (EEZs) and marine governance, Property rights and resource management.
- Coastal Community Engagement: Community-based resource management, Indigenous knowledge and practices, Stakeholder involvement and partnerships, Sustainable livelihoods in coastal communities.
- Technology and Innovation in the Blue Economy: Remote sensing and data analytics, Ocean mapping and exploration, Sustainable aquaculture practices, Green shipping and marine transportation.
- Climate Change and Adaptation: Impacts of climate change on oceans, Adaptation strategies for coastal areas, Resilience-building and disaster risk reduction, Blue carbon and climate finance.
- Case Studies and Best Practices: Real-world case studies from different regions, Guest speakers from blue economy sectors, Final project presentations and assessments.
Who should attend this course?
Financing and Managing the Blue Economy is designed for individuals and professionals who have an interest in sustainable ocean and coastal resource management, marine conservation, and economic development related to the blue economy.
Expected groups include: Marine and Coastal Managers, Fisheries and Aquaculture Professionals, Tourism Industry Representatives, Renewable Energy Experts, Blue Economy Investors and Financiers, Environmentalists and Conservationists, Individuals and professionals working in marine conservation organizations, NGOs, and advocacy groups, Researchers and Academics Researching blue economy, Coastal Community Leaders, Policymakers and government officials responsible for crafting policies and regulations related to blues economy, Aspiring entrepreneurs in blue economy, Climate Change and Sustainability Professionals, International Development Practitioners, Educators and Trainers, Corporate Sustainability Professionals, Individuals Passionate about Ocean Conservation.
This course is intended to provide participants with a holistic understanding of the blue economy, including its economic, environmental, and social dimensions. It is particularly valuable for those who seek to contribute to the responsible and sustainable management of ocean and coastal resources, whether in their professions or personal endeavours.
What are the benefits of taking this course?
Participants in a course on “Financing and Managing the Blue Economy” can expect to gain a wide range of benefits, as they acquire knowledge and skills related to sustainable ocean and coastal resource management, marine conservation, and economic development.
- Participants will develop a deep and comprehensive understanding of the blue economy, including its components, challenges, and opportunities.
- The course equips participants with the knowledge and tools to contribute to the responsible management of marine and coastal resources, ensuring their long-term sustainability.
- Participants will learn about the economic opportunities presented by the blue economy, including careers in fisheries, aquaculture, marine tourism, renewable energy, and more.
- Environmental Stewardship: The course emphasizes the importance of environmental conservation and sustainable practices, promoting responsible stewardship of oceans and coastal areas.
- Participants will gain insights into financing mechanisms for blue economy projects, enabling them to understand and engage in investment opportunities in the marine sector.
- Policy and Regulation: Participants will learn about international and national policies, regulations, and governance frameworks related to marine and coastal management, preparing them to navigate these complexities.
- Community Engagement: Those interested in community-based resource management will acquire strategies for engaging with coastal communities, respecting indigenous knowledge, and promoting sustainable livelihoods.
- The course addresses climate change impacts on oceans and coastal areas, providing strategies for building resilience and adapting to environmental changes.
- Participants will have the opportunity to connect with professionals, experts, and organizations in the field of marine conservation, sustainable fisheries, and blue economy development.
- Aspiring entrepreneurs will gain insights into starting and managing businesses in blue economy sectors, with an emphasis on sustainability.
- The course offers a global perspective by exploring best practices and case studies from different regions, broadening participants’ understanding of the diverse challenges and solutions related to the blue economy.
- Personal and Professional Growth – Graduates of the course can experience personal and professional growth, as they become better equipped to address real-world challenges related to ocean and coastal resource management.
- Contributions to Sustainability: Participants will be empowered to make a positive impact on ocean conservation, sustainable fisheries, marine tourism, and other aspects of the blue economy, contributing to global sustainability goals.
- Educational and Career Opportunities: the course can open up educational and career opportunities in marine science, environmental studies, policy development, and related fields.
- Participants will develop a heightened sense of environmental awareness and the importance of responsible practices in preserving marine ecosystems.
Overall, this course equips participants with knowledge, skills, and a mindset focused on responsible and sustainable management of ocean and coastal resources, fostering both personal and societal benefits.
