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United Nations Department of Economic and Social Affairs Sustainable Development

Blue Economy Aquaculture Challenge

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Government
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#OceanAction41160
    Description
    Description
    The $3 million Blue Economy Aquaculture Challenge was an open call for innovative ideas for fish feed; new ocean products; and better farm design for use in Indian Ocean countries.

    In September 2016, ten winning innovations were selected, receiving funding (up to $550,000) and tailored accelerator support to pilot and scale their projects.

    The solutions target three key problems: feed that does not use wild caught fish meal and oil; new ocean products that alleviate demand for wild caught fish; and new farm systems that improve efficiency, production levels and environmental impact.

    Partners
    Australia (Government), SecondMuse (Private sector, implementing partner), WWF (NGO), conservationXlabs (implementing partner), CSIRO (Australian Government)

    Goal 14

    Conserve and sustainably use the oceans, seas and marine resources for sustainable development

    Goal 14

    14.1

    By 2025, prevent and significantly reduce marine pollution of all kinds, in particular from land-based activities, including marine debris and nutrient pollution

    14.1.1

    (a) Index of coastal eutrophication; and (b) plastic debris density

    14.2

    By 2020, sustainably manage and protect marine and coastal ecosystems to avoid significant adverse impacts, including by strengthening their resilience, and take action for their restoration in order to achieve healthy and productive oceans

    14.2.1

    Number of countries using ecosystem-based approaches to managing marine areas

    14.3

    Minimize and address the impacts of ocean acidification, including through enhanced scientific cooperation at all levels

    14.3.1
    Average marine acidity (pH) measured at agreed suite of representative sampling stations

    14.4

    By 2020, effectively regulate harvesting and end overfishing, illegal, unreported and unregulated fishing and destructive fishing practices and implement science-based management plans, in order to restore fish stocks in the shortest time feasible, at least to levels that can produce maximum sustainable yield as determined by their biological characteristics

    14.4.1
    Proportion of fish stocks within biologically sustainable levels

    14.5

    By 2020, conserve at least 10 per cent of coastal and marine areas, consistent with national and international law and based on the best available scientific information

    14.5.1
    Coverage of protected areas in relation to marine areas

    14.6

    By 2020, prohibit certain forms of fisheries subsidies which contribute to overcapacity and overfishing, eliminate subsidies that contribute to illegal, unreported and unregulated fishing and refrain from introducing new such subsidies, recognizing that appropriate and effective special and differential treatment for developing and least developed countries should be an integral part of the World Trade Organization fisheries subsidies negotiation

    14.6.1

    Degree of implementation of international instruments aiming to combat illegal, unreported and unregulated fishing

    14.7

    By 2030, increase the economic benefits to Small Island developing States and least developed countries from the sustainable use of marine resources, including through sustainable management of fisheries, aquaculture and tourism

    14.7.1

    Sustainable fisheries as a proportion of GDP in small island developing States, least developed countries and all countries

    14.a

    Increase scientific knowledge, develop research capacity and transfer marine technology, taking into account the Intergovernmental Oceanographic Commission Criteria and Guidelines on the Transfer of Marine Technology, in order to improve ocean health and to enhance the contribution of marine biodiversity to the development of developing countries, in particular small island developing States and least developed countries

    14.a.1
    Proportion of total research budget allocated to research in the field of marine technology

    14.b

    Provide access for small-scale artisanal fishers to marine resources and markets

    14.b.1

    Degree of application of a legal/regulatory/policy/institutional framework which recognizes and protects access rights for small‐scale fisheries

    14.c

    Enhance the conservation and sustainable use of oceans and their resources by implementing international law as reflected in United Nations Convention on the Law of the Sea, which provides the legal framework for the conservation and sustainable use of oceans and their resources, as recalled in paragraph 158 of "The future we want"

    14.c.1

    Number of countries making progress in ratifying, accepting and implementing through legal, policy and institutional frameworks, ocean-related instruments that implement international law, as reflected in the United Nations Convention on the Law of the Sea, for the conservation and sustainable use of the oceans and their resources

    Name Description
    14.7 By 2030, increase the economic benefits to Small Island developing States and least developed countries from the sustainable use of marine resources, including through sustainable management of fisheries, aquaculture and tourism
    The Blue Economy Challenge and Aquacelerator accelerator program is an effort to revolutionize the aquaculture industry, develop local economies across the Indian Ocean region and improve our relationship with oceans, fishing and aquatic life, by connecting inspiring innovators with the networks capable of turning their ideas into reality. There were 10 Challenge winners - Climate Foundation, Tanzania; Bridging International Communities, India; Odyssey Sensors, Bangladesh; Institute of Marine Sciences, Tanzania and Kenya; EnerGaia Co. Ltd, Thailand, Bangladesh and India (TBC); Indian Ocean Trepang, Madagascar; MicroSynbiotiX Ltd, South East Asia (TBC); AgriProtein, South Africa; The Recycler, Tanzania; CSIRO/ Worldfish, Indonesia, Tanzania and Bangladesh.
    Financing (in USD)
    22300000
    Staff / Technical expertise
    6 months of acceleration support including business development support and access to a network of advisors, industry leaders and investors.
    No progress reports have been submitted. Please sign in and click here to submit one.
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    Timeline
    01 September 2016 (start date)
    01 June 2017 (date of completion)
    Entity
    Department of Foreign Affairs and Trade (DFAT)
    SDGs
    Geographical coverage
    Canberra, Australia
    Ocean Basins
    Indian Ocean
    Communities of Ocean Action
    Sustainable fisheries, Sustainable blue economy
    Countries
    N/A
    Contact Information

    Nicole Steinweg, Officer, InnovationXchange, DFAT