Marine Economy: A national interest in the making

TO jog your memory, Robert Wyland, an American artist and conservationist best known for his more than 100 Whaling Walls, large outdoor murals featuring once said: “The ocean stirs the heart, inspires the imagination, and brings eternal joy to the soul.

The cure for anything is salt water: sweat, tears, or the sea.”

 Precisely, his school of thought was on the marine or blue economy, or if you like it- call it ocean economy that encompasses a broad spectrum of industries such as fishing, offshore energy, mineral extraction, shipping, coastal tourism, and the development of desalination as a force to reckon with in eking out a living within the oceans or seas.

In quick analysis, the World Bank defines the blue economy as the “sustainable use of ocean resources to benefit economies, livelihoods and ocean ecosystem health”.

The marine economy, with its roots extending back to the 1940s, has witnessed a remarkable evolution. Initially anchored in traditional activities like fishing and navigation, it has now blossomed into a dynamic and multifaceted sector encompassing economic, social, environmental, and cultural dimensions.

 The 21st century, often hailed as the “Marine Economy Century,” has witnessed an unprecedented surge in its significance. However, the terminology used to define the marine economy varies across the globe, mirroring the diverse national policies, priorities, and developmental stages of different countries.

Major global players such as China, Japan, the European Union, Australia, New Zealand, the United States, and Canada each possess unique perspectives on the marine economy, shaped by their distinct contexts. China, with its emphasis on maritime infrastructure and resource development, views the marine economy as a driver of economic growth. The European Union, championing the concept of the “blue economy,” emphasizes sustainability, innovation, and social inclusivity.

Tanzania, recognizing the vast potential of its extensive coastline, has adopted the European Commission’s viewpoint, defining the marine economy as the sum of economic activities related to oceans and seas, encompassing supporting industries.

While definitions may vary, the core objective remains consistent: promoting economic growth, social inclusivity, and sustainable livelihoods, while decoupling development from marine ecosystem degradation. The global trend toward sustainable development, exemplified by the United Nations’ 2030 Agenda, significantly impacts the future trajectory of the marine economy.

Technological advancements are revolutionizing the marine economy, increasing efficiency, reducing costs, and opening up new frontiers.

Innovations in imaging, sensor technologies, satellite technologies, advanced materials, information and communications technologies, big data analysis, autonomous systems, biotechnology, nanotechnology, and subsea engineering are transforming various ocean-related activities, from scientific research and ecosystem analysis to shipping, energy, fisheries, and tourism.

However, the marine economy faces formidable challenges, most notably climate change. Rising sea levels, ocean acidification, and extreme weather events threaten fisheries, marine biodiversity, and coastal communities. It is imperative for Tanzania to proactively address these challenges through sustainable practices, adaptation measures, and climate-resilient infrastructure.

Tanzania’s vast coastline and rich marine life offer huge potential for fishing and fish farming. By using sustainable methods, we can ensure there’s always enough fish for everyone, create jobs, and even sell our catch to other countries. Our ports are like gateways to the world.

By making them better and improving our transport systems, we can make trade easier and connect with more countries, bringing in more business and opportunities. Tanzania’s beaches and marine parks are stunning!

By promoting eco-tourism and taking care of our environment, we can attract more visitors, create jobs in the tourism industry, and share our beautiful country with the world.

The ocean has its own energy sources like waves and tides. By harnessing this power responsibly, we can generate clean electricity, reduce pollution, and create a more sustainable future. Our Indian Ocean is full of amazing creatures that could hold the secrets to new medicines.

By supporting research and development, we could discover new treatments for diseases and improve people’s health. We have oil and gas reserves offshore.

By managing these resources carefully and transparently, we can contribute to our energy needs and boost our economy, while also protecting our marine environment.

These are just some of the many opportunities that Tanzania’s blue economy offers. By working together, using our resources wisely, and protecting our ocean, we can create a brighter future for all Tanzanians. The sea is not just a vast expanse of water; it’s a source of livelihood, prosperity, and hope. Let’s harness its potential and build a thriving blue economy for generations to come.

Tanzania’s marine economy is a treasure trove of untapped potential. By embracing sustainable practices, strategic investments, capacity building, technological innovation, and international collaboration, the nation can ride the wave of the “Marine Economy Century” and create a prosperous and equitable future for its people.

The government, private sector, civil society, and academia must work in concert to develop and implement a comprehensive marine spatial plan, strengthen regulatory frameworks, invest in research and development, and promote public awareness and participation.

Let us chart a course toward a vibrant blue economy that benefits both the Tanzanian community and the marine environment, leaving a legacy of sustainable prosperity for generations to come.

ALSO READ: How preserving marine environment starts from communities

The time to act is now. Let us seize the blue economy’s potential and embark on a journey toward a brighter future.

The writer is a student at the Dar es Salaam Marine Institute taking Master in Shipping and Economics, reachable via +255755443939 and Email: eliyustahaule@gmail.com.