NEW: Zimbabwe embraces blue economy for sustainable growth

29 Oct, 2024 - 12:10 0 Views
NEW: Zimbabwe embraces blue economy for sustainable growth

Theseus Shambare

Zimbabwe is embarking on a new journey towards sustainable economic development and environmental protection by harnessing the potential of its inland waters.

The Fisheries and Aquaculture Resources Department (FARD) is spearheading the development of a national blue economy strategy.

“The blue economy concept offers a transformative approach to unlocking the immense value of our inland waters,” said FARD director Mr Milton Makumbe.

“By embracing this strategy, Zimbabwe can capitalize on its water resources to stimulate economic development, improve livelihoods and protect the environment.”

Mr Makumbe highlighted the significant economic potential of the blue economy, citing the estimated annual global value of water resources at a staggering $2.5 trillion.

He emphasised the need for a collaborative, whole-of-government approach involving all relevant ministries, stakeholders, and sectors.

A key step in developing the strategy is a stakeholder consultative workshop scheduled for November 4th in Harare.

This inclusive approach, he said, will ensure that everyone’s input is considered, leading to a well-rounded and effective plan.

The strategy will be guided by three core principles: sustainable management of inland water resources, social inclusion in accessing water resources and benefits, and environmental protection of inland water ecosystems.

Stakeholder consultations will play a crucial role in identifying key challenges and opportunities, gathering input from local communities, industries, and experts, fostering collaboration and aligning the strategy with national development goals.

“The blue economy approach offers Zimbabwe a multifaceted solution to address economic and social challenges,” said Mr Makumbe.

“It can create jobs, reduce poverty, enhance food security, and increase economic resilience through sustainable fisheries, aquaculture and tourism.”

Zimbabwe’s national blue economy strategy aligns with the vision of the African Union Inter-African Bureau for Animal Resources (AU-IBAR), which supports sustainable utilization of fisheries and aquaculture resources across member states.

By embracing the blue economy, Zimbabwe can secure a sustainable future for its people and its environment.

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