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ID:
165527
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| Summary/Abstract |
In recent times, Blue Economy is emerging as an alternative development paradigm that balances economic use of oceans with environmental sustainability. With the depletion of land-based resources, countries around the world are turning their attention to the oceans as a new source of economic development and growth. Following the settlement of its maritime territory, Bangladesh is also working on utilizing oceanic resources with a view to becoming a developed country. In this backdrop, the paper is an attempt to examine the initiatives taken by different countries around the world to develop Blue Economy and identify important lessons that Bangladesh can learn from those experiences. The lessons include formulating a well-articulated Blue Economy plan, developing robust legal and institutional frameworks, emphasizing indigenous capacity development, prioritizing ocean research and innovation, protecting ocean environment as well as pursuing ‘Blue Diplomacy’ among others.
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| 2 |
ID:
170621
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| Summary/Abstract |
Ensuring energy security has emerged as one of the key challenges all over the world. To meet that challenge, countries have resorted to increasing cooperation among themselves which resulted in many successful energy connectivity initiatives. In South Asia, countries are facing increasing energy demand with its rapid economic development. The concept of energy cooperation is not new in South Asia and countries have tried to initiate it through many regional and sub-regional forums. However, the success in implementing them has been very limited. This paper tries to understand why energy connectivity initiatives in South Asia has remained elusive. To that end, the paper conceptualizes energy connectivity and identifies enabling factors that help a n energy connectivity initiative. It finds that some of those factors are missing in South Asia, which is why implementing energy connectivity initiatives has been challenging and the challenges are often intertwined. The paper concludes by stressing that energy connectivity is vital for meeting the future energy needs of the region and countries should take a step by step approach to implement it.
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| 3 |
ID:
161960
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