Blue economy is a term in economics relating to the exploitation, preservation and regeneration of the marine environment. Its scope of interpretation varies among organizations.According to the World Bank, the blue economy is the "sustainable use of ocean resources for economic growth, improved livelihoods, and jobs while preserving the health of ocean ecosystem." European Commission defines it as "All economic activities related to oceans, seas and coasts.

1. Blue Economy
Hafez Ahmad

2. Blue Economy
The blue economy is sustainable use of ocean resources for economic growth, improved
livelihoods and jobs and ocean ecosystem health.
The Blue Economy: 10 years – 100 innovations – 100 million jobs is a book by Gunter Pauli. The book
expresses the ultimate aim that a Blue Economy business model will shift society from scarcity to abundance "with what is
locally available.

3. Why we need Blue Economy?
1.Sustainability
a. clean water
b. healthy fish stock
c. offshore energy
2. Blue growth for optimal use marine resources
3. Organic mariculture technologies
4. Creating more jobs
5. Shift society from scarcity

6. Bangladesh gets indirect benefits
from Blue Economy
1. To explore and utilize marine resources
2. Aquaponics
3. Leading producers of cultured fish
4. Marine museum
5. Offshore energy by current ,wind , thermal etc.
6. Sea mining
7. Producing medicine from marine organisms
8.Organic recycling
9. Coastal and offshore tourism

7. Marine resources of Bay of Bengal
Marine resources Sectors Present status Future Potentials
Living
Resources
Marine fisheries and
Mariculture
Seabass, crab , mullet, hilsa , shrimp
pomfret grouper etc.
Large scale pelagic exploration and
hatchery based production and culture
nontraditional species
culture
Seaweed , oyster, mussel etc. Large scale production and alternative and
valuable food source
Marine biotechnology From living resources such as coral Chemicals , medicine and others
Carbon sequestration Mangrove , seagrass , seabed Storing carbon , bio-reduction of CO2 from
atmosphere
Nonliving
Resources
Oil, gas and minerals
Exploration and extraction and mining
Strengthening national economy
Sea salt Solar evaporation Use of high technology for better profit and
export
Marine renewable energy Wind ,tide ,wave, current ,floating solar Future efficient extraction by high
technology
Marine ecotourism Mangrove , beach ,island Increase sites and tourists , offshore
tourisms
Marine and maritime
education and research
Human development and research on
various related subjects
Marine trade ,shipping and
transportation
Port shipping and transport limited Reduction pressure on land and a motion
to national economy
Marine spatial planning Not yet formulated Tool and guide line for marine development

8. Major tourist roads in Bangladesh
Coast

9. Achieving SDGs Goals

10. Alternative food sources from Bay of
Bengal
Food sources
fish Shellfish seaweed

11. Sustainable Coastal and offshore
culture
Benefits
1.Food
2.Nutriiton
3. Jobs
4. Using offshore water
5. Reduction pressure on land based culture
6. Contribution national economy
7. Foreign exchange
8. Reduction on natural biotic resources
9. Increase natural stock
10. Developing fisher living standard
11. And more

12. Benefits from shellfish as an alternative food
Benefits
1.Food
2. High nutrition
3. Jobs
4. Using offshore water
5. Reduction pressure on land based culture
6. Contribution national economy
7. Foreign exchange
8. And more

13. Benefits from seaweed as an alternative food
Seaweed will provide
1. Food
2. Nutrition
3. Jobs
4. Utilizing unused
coastal area
5. Contribution national
economy
6. Foreign exchange
7. And more

14. Marine biotechnological Potentiality
GLOBAL market for marine biotechnology products about US $ 2.8 billion.
Projected to grow about US $ 4.6 billion in last 2017
In 2011 , there were 36 marine derived drugs in clinical development.
Biotech from Bay of Bengal
1.Marine bacteria
2.Seaweed
3. Coral

15. Potentialities of renewable energy
from Bay of Bengal
710 km long coastal area with 2 to 8 m tidal height /head rise and fall and
118,813 km2 of sea area, comprising the territorial sea and Exclusive Economic Zone,
Current turbine
Offshore wind turbine
Energy from tidal range

16. Wave thermal energy conversion

17. Probability of power generation from tide in
Bangladesh
Name Tidal range (meter) Output power (MW)
Sandwip 5.53 28.83
Cox’s bazar 3.54 11.82
Hiron point 2.90 7.93
Golachipa 3.55 11.88
Patuakhali 3.54 11.82
Barisal 3.9 14.34
Sundorikota 4.78 21.54
Mongla 4.8 21.72
Char changa 5.6 29.57
total 176.64

18. Oil and Gas reserve in Bay of Bengal
Bangladesh Undiscovered Gas potential about 32.1 TCF
USGS-Petrobangla study
Another study of NPD Gas potential about 41.6 TCF
After verdict on maritime dispute over bay of
Bengal
between Bangladesh and Myanmar
Bangladesh own full sovereignty to a full 200
nautical miles EEZ
118,813 km2 of sea area

19. Minerals along Bangladesh coastal
area
Economically important minerals
1.Titanium
2. Limonite
3. Zircon
4. Rutile
5. Monazite
6. Magnetite
7. Monazite
8. Granet
9. Kainite
10. Leucoxene
Reserve : 4.35 million tones
Economic value : about 14000 crore

20. Port and future port potentiality
1. Chittagong port
Contribution : Chittagong Port handled
over 43.37 million metric tons of cargo including 1.47 million TEUs containerised cargo whichis around 92% of
total maritime trade of Bangladesh.
2. Payra port
57%
42%
1%
market share of port (%)
Payra
Chittagong
mongla
port

21. Potentiality of a Deep Sea Port in Bangladesh
1. New gateway of economic activity in deep sea
3. Supporting maritime trade
4. Advantage of Geographic location
5. Source of new lucrative investment
6. Coal supply
7. Low cost transport
8. Revenue
9. Employment
10. Limitation of Chittagong port

22. Thank you