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Accelerating climate action in Africa
This week marks Africa Climate Week 2023, a platform for policymakers, practitioners, businesses, and civil society to come together and fight back against climate change
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The oceans cover over 70% of the Earth’s surface and support a wide array of industries such as fishing, oil and gas production, and shipping. Working at sea is among the most hazardous occupations globally. Our energy, food, and other supply chains heavily rely on the ocean economy, with 80% of goods transported by ship. Annually, the oceans contribute over $1.5 trillion to the global economy, a figure expected to double by 2030. By then, direct employment in ocean-related industries is projected to reach 40 million jobs. Achieving a just transition to a low-carbon, sustainable ocean economy requires investment, education, infrastructure, innovation, and the creation of decent, safe jobs.
But our oceans are poorly governed, over-exploited and largely unmapped. While our oceans host vast, biodiverse habitats, provide the largest global carbon sink, and produce over half of the oxygen in the atmosphere, the health of our oceans is already damaged.
How can we keep our oceans safe and sustainable as the economic activity they support grows?
Established and emerging industries require ocean infrastructure. It is estimated that $90 trillion will be invested over the next decade on infrastructure alone, much of which is near or around the ocean1. Blue finance can support solutions that address rising sea levels, climate change, pollution, labour and safety challenges and opportunities related to a sustainable ocean. But financial, policy and regulatory frameworks need clear principles, data, standards and metrics to catalyse responsible policy and business practices, across land and ocean interfaces.
Holistic and sustainable ocean infrastructures will require new approaches to ocean engineering. Ocean engineering encompasses science, innovation and technology, knowledge systems, skills and techniques, communities and workers, and facilitates the relationship between humans and the oceans. Its application covers the design, construction, maintenance and decommissioning of all human activity in the oceans: the structures, platforms, pipelines, boats, ships, underwater vehicles, aquaculture farms, subsea and digital systems necessary to sustain a more populous and safer world. Its practice should minimise harm and offer restorative abundance in the long term for overall global benefit.
This review presents issues which will drive demand for new engineering approaches. These include emerging ocean industries, climate change and coastal development, energy needs, marine biotechnology and nature sensitive engineering to strengthen and protect natural capital. It considers innovations in floating assets, cabling and pipelines, aquaculture and transportation and issues associated with deep ocean mining.
Ocean engineering must overcome the challenges associated with a relatively unmapped, unexplored and poorly understood environment, and the dynamic nature of the ocean space. International cooperation, underpinned by better public awareness, will be needed to strengthen governance and ensure engineering accounts for the interests of a wide set of stakeholders across international boundaries. The new jobs that are created must be safe and decent, and not propagate existing inequalities nor create new ones.
Finding robust evidence for the most pressing safety challenges in and around our oceans, and making it widely accessible, will support decision makers to think in a longer -term, strategic manner and inform governmental, business, and financial intervention. It will support increased public awareness and engagement, driving better policies and consumer choices, and highlight the skills needed for the future blue workforce.
The review suggests broad interventions that would support better ocean engineering. These include: better understanding of our oceans; new materials; new design methodologies, including multi-use structure designs that incorporate decommissioning issues; better whole system economic tools; enhanced sensing, data sharing and autonomy; ocean maintenance approaches; and new approaches to ocean education and skills.
High Level Panel for a Sustainable Ocean Economy. (2020). Transformations for a sustainable ocean economy. Washington, DC: World Resources Institute. https://www. oceanpanel.org/ocean-action/files/transformations-sustainable-ocean-economy-eng.pdf
The review makes recommendations on where Lloyd’s Register Foundation can act to make a distinctive impact in delivering its charitable mission. Suggested priority areas for action are:
If you wish to use and reference the Foresight Review of Ocean Safety, please include the following DOI: https://doi.org/10.60743/j3yn-ce86
Example Citation in Harvard Style:
Lloyd's Register Foundation (2021) Foresight Review of Ocean Safety. Lloyd's Register Foundation. doi: 10.60743/J3YN-CE86.
This review looks at how we keep our oceans safe and sustainable as the economic activity they support grows. (PDF, 6.79MB)