Blue Economy Bulletin June 2018
PUBLICATION DATE:
Friday, June 29, 2018
PUBLICATION TYPE:
Magazines and Newsletters
STATUS:
Available (Newsletter)
DESCRIPTION:
June saw a number of international environmental days that highlighted the need for developing a sustainable blue economy. On World Environment Day, PEMSEA published a timeline highlighting our progress towards building a blue economy for the East Asian Seas. On World Oceans Day, we looked at the issue of plastic waste, outlining some simple steps everyone can take, and highlighting examples of plastic initiatives PEMSEA has supported. We are proud to share a story about the impact of Integrated Coastal Management (ICM) projects in the Tangerang Regency of Indonesia, and to have participated in the 6th GEF Assembly which finished today.
The global plastic problem is growing more acute, while the effects of China’s plastic waste import ban are only beginning to be felt. One way to deal with plastic waste is to close the “plastic loop”, reducing the waste that flows into the ocean and impacts coastal communities. Such waste management initiatives require the expansion of blue finance initiatives to maximize their impact and reach. Finance in the form of public private partnerships have proved useful in ensuring MPA management. With green bonds becoming more closely linked with the SDGs, WWF has set up the Asia Sustainable Finance Initiative to promote environmentally sustainable finance throughout Asia.
GEF projects focused on achieving tuna fishery sustainability in the high seas are coming to an end as a new study reveals over half of high seas fishing relies on subsidies. Sustainability for wild fisheries will benefit from 20 years of research providing a mathematical model for calculating maximum sustainable yield, as well as from evidence in the Gulf of Thailand of the effectiveness of fisheries refugia. Aquaculture is also set to be improved by integrated multi-trophic techniques being applied in the Yellow Sea. Other facets of the blue economy are also being explored by the GEF, whose Blue Forests project is providing a global assessment of the value of blue forest ecosystem services. The value of such “forests” are already visible in places like Qingdao, China, where seaweed aquaculture is an important economic activity.
The importance of ICM is highlighted by new research showing that a loss of coral reefs will result in increased flood damage to coastal areas. Such environmental risks have prompted Indonesia to declare that its next five-year development plan will be low-carbon and take into account environmental carrying capacity, while the global shipping industry is considering numerous ways it could reduce its own carbon emissions.
Follow the latest updates on blue economy and coastal sustainable development in East Asia on Facebook and Twitter (@PEMSEA). We welcome your feedback, and please let us know if there are other blue economy topics you would like to see in future newsletters and programs.
RELATED PUBLICATIONS
Proceedings of the Thirty-fourth Expanded East Asian Seas Executive Committee Meeting
The Expanded East Asian Seas (EAS) Executive Committee convened its 34th Executive Committee Meeting on 21 October 2025 online via Zoom. The meeting was attended by EAS Partnership Council Chair Attorney Jonas Leones; Intergovernmental Session Chair Mr. Le Dai Thang; Intergovernmental Session Co-Chair Dr. Xinwei Yu; Technical Session Chair Dr. Suk-Jae Kwon; and Technical Session Co-Chair Dr. Wakita Kazumi. The PEMSEA Resource Facility (PRF), led by Executive Director (ED) Ms. Aimee T. Gonzales, served as Secretariat to the meeting. PEMSEA Country Partners in attendance included national focal points and representatives from Cambodia, China, Indonesia, Japan, Lao PDR, the Philippines, the Republic of Korea, Singapore, Timor-Leste, and Viet Nam. Non-Country Partners present included representatives from the ASEAN Centre for Biodiversity, Ipieca GISEA, Oil Spill Response Limited, National Marine Hazard Mitigation Service, International Center for Environmental Management of Enclosed Coastal Seas (EMECS), PEMSEA Network of Local Governments, and Korea Institute of Ocean Science & Technology, among others. Online observers included staff from the PEMSEA Resource Facility and UNDP.
History of Timor Leste's engagement in PEMSEA
Since joining PEMSEA in 2006 through the signing of the Haikou Partnership Agreement, Timor-Leste has made remarkable progress in advancing sustainable coastal and ocean governance under the Sustainable Development Strategy for the Seas of East Asia (SDS-SEA). Over the years, the country has implemented Integrated Coastal Management (ICM) programs in key municipalities, developed national ocean and coastal policies, and strengthened inter-agency collaboration for marine protection and livelihood enhancement. Through its participation in regional initiatives such as ATSEA and the Marine Plastics ODA Project, Timor-Leste continues to demonstrate strong commitment to ecosystem-based management, blue economy development, and regional cooperation for healthy and resilient seas.
History of Viet Nam's engagement in PEMSEA
Since 1993, Viet Nam has been an active partner in advancing sustainable coastal and ocean governance in the East Asian Seas through PEMSEA. From pioneering Integrated Coastal Management (ICM) in Da Nang to establishing the Viet Nam Administration of Seas and Islands (VASI), the country has institutionalized ICM in national policy and legislation while fostering regional cooperation through leadership roles in PEMSEA bodies and ministerial forums. Viet Nam’s consistent participation in key initiatives and adoption of major regional declarations underscore its strong commitment to blue economy development, marine ecosystem protection, and the long-term implementation of the Sustainable Development Strategy for the Seas of East Asia (SDS-SEA).
History of DPR Korea's Engagement in PEMSEA
Since joining the regional GEF/UNDP/IMO Marine Pollution Prevention in the East Asian Seas (MPP-EAS) project, the DPR Korea has actively advanced Integrated Coastal Management (ICM) through the establishment of the Nampho demonstration site and the National ICM Training Center at Kim Il Sung University. The country has consistently participated in key regional forums, including the East Asian Seas Congresses and Ministerial Forums, adopting major regional declarations and frameworks such as the SDS-SEA and Manila Declaration. Its engagement reflects a sustained commitment to regional cooperation, marine pollution prevention, and sustainable coastal development under PEMSEA.
History of China's Engagement in PEMSEA
Since 1993, China has played a leading role in advancing regional ocean governance and Integrated Coastal Management (ICM) through PEMSEA. From pioneering the first ICM demonstration site in Xiamen to hosting key regional forums and declarations, China has continuously championed sustainable coastal development and blue economy initiatives. Its long-standing commitment under the Sustainable Development Strategy for the Seas of East Asia (SDS-SEA) reflects its vision for a healthy, resilient, and sustainably managed ocean region.