Ocean and Coastal Policy Program News

Think Blue: Finding Growth in the Caribbean Sea

In the Huffington Post, Pawan Patil writes that the “blue” economy looks to balance ocean wealth and ocean health by sustainably managing ocean assets (e.g. fish stocks and coral reefs) and ecosystem services (e.g. coastal protection, the potential for carbon capture, and oxygen production). And according to a new report by the World Bank "Toward a Blue Economy: A Promise for Sustainable Growth in the Caribbean" which was written in collaboration with the Nicholas Institute and others, millions of people in the Caribbean could benefit.

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Ocean Preservation Key To Caribbean Resilience

A new World Bank report, co-authored by a Nicholas Institute for Environmental Policy Solutions researcher, examines how the Caribbean's transition to a blue economy can generate growth while helping countries gain greater resilience with better ocean preservation, reports the Jamaica Gleaner.

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New Report Identifies Key Opportunities to Boost Growth in the Caribbean Sea while Preserving its Ecosystem

Dominican Today reports on a new World Bank report, co-authored by a Nicholas Institute for Environmental Policy Solutions researcher, that examines how the transition to a ‘blue economy’ for Caribbean countries can not only generate growth, but also help countries gain greater resilience to external shocks by better preserving the ocean.

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Caribbean Sea Earns US$400B a Year; But Economic Activity, Pollution Threats Loom

A report released yesterday has put the economic value of the Caribbean Sea to the region—to include all its services, from fishing, transport, trade, tourism, mining, waste disposal, energy, carbon sequestration and drug development—at US$407 billion per year based on 2012 data, or just shy of 18 percent of the region’s total GDP. Co-authored by a researcher at the Nicholas Institute for Environmental Policy Solutions, The Jamaica Observer reports that the figure is an underestimation because the region’s ocean economy to date “is not well measured or understood”. Nonetheless, it is projected to nearly double by 2050. In tandem with that increase in economic activity and earning is a projected rise in the number of threats to the ocean from the very activities which it supports.

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New Report Identifies Key Opportunities to Boost Growth in the Caribbean Sea while Preserving its Ecosystem

In the lead up to this week’s ‘Our Ocean’ conference hosted by U.S. Secretary of State John Kerry in Washington D.C., a new World Bank report, co-authored by a Nicholas Institute research, examines how the transition to a ‘blue economy’ for Caribbean countries can not only generate growth, but also help countries gain greater resilience to external shocks by better preserving the ocean.

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Cooperation Aimed at Sustainable Fisheries, Poverty Reduction

The western and central Pacific Ocean is home to the world’s richest tuna stocks. The region is also becoming the meeting place of poverty reduction and natural resource protection efforts by a handful of countries that benefit from control of this rich natural wealth. Although those countries’ returns from tuna fisheries have increased significantly through improved fisheries management, they could be simultaneously bigger and more sustainable. Papua New Guinea and Pacific Island countries supply some 34 percent of the global catch of tuna each year. For these countries, whose economic growth drivers are constrained by their geographic isolation, management of tuna fisheries can make the difference between economic stagnation or a significant rise in per capita gross domestic product (GDP). That management—and more specifically, regional cooperation in it—will heavily influence whether some of the world’s last healthy tuna stocks will be maintained. “The key challenge for Pacific Island countries is to sustainably harness a greater share of the benefits from their tuna fisheries without depleting fish stocks,” said John Virdin, director of the Ocean and Coastal Policy Program at Duke University’s Nicholas Institute for Environmental Policy Solutions. New work by the Nicholas Institute with partners at Duke and the World Bank aims to suggest a pathway to adoption of specific management reforms to meet those twin goals.

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Roady to Join Duke to Identify, Tackle Pressing Environmental Issues

Steve Roady brings a wealth of environmental law and policy experience to his new joint appointment at Duke’s Law School and the Nicholas Institute for Environmental Policy Solutions. As professor of the practice at the Law School and a faculty fellow at the Nicholas Institute, Roady, who has taught environmental litigation and ocean and coastal law and policy as a senior lecturing fellow at the Law School since 2003, will continue to teach. He will also be charged with creating interdisciplinary teams to examine approaches to large-scale environmental problems.

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Search Begins for Climate and Energy Program Lead

Duke University’s Nicholas Institute for Environmental Policy Solutions has launched a search for their next Climate and Energy Program director. “We are at an incredibly important point in global climate and energy policy,” said Nicholas Institute Director Profeta. “This opening allows for someone to lead a team that plays a role in critical environmental debates centered around the Clean Power Plan and other environmental regulations, the transition of the future electric grid, and next steps for U.S. climate policy.”

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World Bank says Pacific can Earn Much More from Tuna

A new World Bank report says better management of tuna fisheries can help Pacific countries earn up to $344 million annually and outlines a best-case scenario for the year 2040, where tuna fisheries will play a greater role in the region's economic growth. The report, co-authored by the Nicholas Institute for Environmental Policy Solutions' Ocean and Coastal Policy Program director John Virdin,recommends five policy strategies to help the region play a bigger role in economic growth: more regional integration; efficient fishing practices and catch limits; flexible access and eventual output rights for fleets; investment in skills and capacity; and the inclusion of coastal communities in fisheries planning.

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Fisheries Reforms Could Create US $344 Million in Extra Revenue: World Bank

Better management of Pacific tuna fisheries could allow countries to gain as much as $344 million in extra revenue per year, and create up to 15,000 jobs by the year 2040, according to a new World Bank report co-authored by the Nicholas Institute Institute for Environmental Policy Solutions' Ocean and Coastal Policy Program director John Virdin. In an interview with ABC Pacific Beat, Virdin says its important for the region to build on the hard work that's already been done to reform fisheries.

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