S2E16: The emerging ocean economy in South-east Asia

May 19, 2025

29:43

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Businesses are starting to recognise the potential of the emerging blue economy.

Synopsis: Every first and third Tuesday of the month, The Straits Times analyses the beat of the changing environment, from biodiversity conservation to climate change.

A healthy ocean is one of humanity’s greatest defences against climate change, and businesses are now starting to recognise the importance – and potential – of the emerging blue economy.

From sustainable aquaculture and farming practices, to offshore renewables and sustainable shipping, the ocean is becoming a frontier for innovation and investment.

The involvement of the private sector can bring in much-needed funding to ensure that the oceans are managed sustainably.

But what are the opportunities in this emerging sector, and is there a tension between profit-making and conservation? Tune in to this episode to hear more from Dr Alfredo Giron, head of ocean at the World Economic Forum.

Highlights of conversation (click/tap above):

1:06 What is the blue economy?

6:35 What are the traditional and emerging sectors in the ocean economy?

10:22 How can opportunities in the ocean economy be made available to developing countries?

14:59 What are some examples of bankable ocean projects?

17:45 What do countries think of the potential of the ocean economy?

22:55 What is the appetite like among businesses?

Follow Audrey Tan on LinkedIn: https://str.sg/848W

Read her articles: https://str.sg/JLM2

Follow David Fogarty on LinkedIn: https://str.sg/jcvy

Read his articles: https://str.sg/JLMu

Hosts: Audrey Tan (audreyt@sph.com.sg) & David Fogarty (dfogarty@sph.com.sg)