Blue Economy Bulletin June 2016
PUBLICATION DATE:
Thursday, June 30, 2016
PUBLICATION TYPE:
Magazines and Newsletters
STATUS:
Available (Newsletter)
DESCRIPTION:
Welcome back to the Blue Economy Bulletin, your source for blue economy news and events including industry highlights, scientific developments, policy updates and more from East Asia and around the world.
Since the last issue, PEMSEA hosted the first installment of its new Blue Economy Webinar Series, featuring two leading experts who shared the latest research and thinking on blue economy. A recording of the event is available online. PEMSEA also released an infographicdescribing how its Sustainable Development Strategy for the Seas of East Asia supports achieving UN SDG 14, and several other Sustainable Development Goals.
As the UN concluded its first round of negotiations on regulating marine biodiversity on the high seas, recent studies present sobering news on the health of our coral reefs and fisheries, while scientists call for more ambitious efforts to protect the oceans. OECD provides an update on the growth potential for the ocean economy, as stories of new technologies and practices continue to roll out, such as seafloor sensors, green infrastructure, innovative fishing gear and new efforts to finance the transition to a sustainable blue economy, including a climate bond standard for marine assets and an investment platform for members of ocean industry. Read on for more.
Follow the latest updates on blue economy and coastal sustainable development in East Asia on Twitter at @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
PEMSEA Regional Methodology for Blue Carbon Project Accounting
A Harmonized Guide for Estimating Carbon Stocks, Sequestration, and GHG Reductions in Coastal Ecosystems
Differences in measurement methods, carbon pool inclusion, and monitoring frameworks have made blue carbon projects in East Asia hard to compare. PEMSEA’s Regional Methodology addresses this with a single accounting framework for mangroves, seagrasses, and salt marshes. It is designed to be compatible with national greenhouse gas inventories and technically aligned with voluntary carbon credit certification requirements.
The Main Methodology sets out project eligibility and additionality, boundaries and stratification, baseline and project scenarios, uncertainty management, a tiering system, leakage, permanence and risk management, and monitoring, reporting, and verification. Five technical annexes provide the field and analytical detail:
- Annex A – Mangrove Ecosystems: carbon stock and sequestration assessment methods
- Annex B – Seagrass Ecosystems: carbon stock and sequestration assessment methods
- Annex C – Salt Marsh Ecosystems: carbon stock and sequestration assessment methods
- Annex D – Mapping Blue Carbon Ecosystems: remote sensing, validation, and change detection
- Annex E – Monitoring Environmental Parameters: the environmental conditions that influence blue carbon ecosystems
The methodology was prepared under the guidance of the Blue Carbon Technical Working Group of the EAS Partnership Council, with contributions from experts across the region. It is intended for project developers, national agencies, researchers, and verifiers working to bring high-integrity blue carbon projects to market.
INTERNATIONAL SEMINAR ON BLUE CARBON ECOSYSTEM VALUES: Accounting and Crediting Guidance Frameworks
The Korea Maritime Institute (KMI) and Partnerships in Environmental Management for the Seas of East Asia (PEMSEA) convened the International Seminar on Blue Carbon Ecosystem Values in Busan, Republic of Korea. The seminar gathered representatives from six East Asian countries, academic institutions, and regional partners to validate enhancements to the Regional Blue Carbon Accounting Protocol (RBCAP), review biodiversity accounting and crediting approaches, and define PEMSEA’s role in governance, verification, and market development. Key outcomes included expert recommendations to strengthen the RBCAP, shared insights on biodiversity crediting pathways, and a clearer vision of PEMSEA’s added value as a regional platform for advancing blue carbon and biodiversity markets.
The 2026 PEMSEA Network of Local Governments for Sustainable Coastal Development (PNLG) and PEMSEA Network of Learning Centers (PNLC) Joint Learning Forum
The 2026 PEMSEA Network of Local Governments for Sustainable Coastal Development (PNLG) and PEMSEA Network of Learning Centers (PNLC) Joint Learning Forum, themed “Empowering Coastal Cities for a Blue Future,” was organized by the PNLG and PNLC in collaboration with the Korea Maritime Institute (KMI), the Korea Institute of Ocean Science and Technology (KIOST), Coastal 500, and the PEMSEA Resource Facility. The Forum was hosted by the Metropolitan City of Busan, Republic of Korea. The Joint Learning Forum took place on 8 September 2026 at Paradise Hotel Busan as part of the 2026 PNLG Annual Forum (8-10 September 2026). It featured two panel discussions: Local Pathways for Blue Carbon and Nature-Based Solutions, and Capitalizing on Coasts: Financing and Innovating Local Blue Economies.
Proceedings of the 5th PEMSEA Network of Learning Centers (PNLC) Executive Committee Meeting 2026
The document contains the proceedings from the PNLC Executive Committee (EC) held 9 September 2026 in Busan, Republic of Korea.
The meeting was participated in by the President and Vice-President of the PNLC, the PEMSEA Executive Director, and the PNLC Secretariat from IPB and the PEMSEA Resource Facility. The agenda included:
- Workplan 2026-2027
- Updates on PNLC Expenditure and Financial Sustainability
Other Business:
- PRF Project Updates
- 2027 EAS Congress
- ICM Report
- Nature-based Solutions Capacity-building
PEMSEA Blue Carbon Program Updates
PEMSEA eBulletin - September 2026
September connected regional decisions with local action—from a new declaration in Busan to community-led work across the region.
In Busan, the 2026 PNLG General Assembly adopted the Busan Declaration on Promoting Local Coastal Resilience and Sustainable Blue Economy and welcomed Atauro Island, Timor-Leste, as the Network’s newest member. Meanwhile, PEMSEA Founder Dr. Chua Tia-Eng returned to the PEMSEA Resource Facility for a discussion with colleagues on PEMSEA’s history, lessons, and continuing role in advancing sustainable coastal and ocean governance.
PEMSEA project updates include the GEF/UNDP/ASEAN IRBM Project advanced planning for food and biodegradable waste management in the Pasac-Guagua Watershed, while the PRICELESS Project brought stakeholders together in Regions 3 and 4A to tackle challenges and priorities for the Philippine Rise.
In the Philippines and Timor-Leste, MEP partners under the MOF/PEMSEA Marine Plastics ODA Project mobilized communities, schools, government agencies and civil society organizations for International Coastal Cleanup activities, turning awareness of marine plastic pollution into action on the ground.