The Blue Economy recognises the productivity of healthy freshwater and ocean ecosystems as a
pathway for freshwater aquatic and maritime-based economic growth and promotes the conservation,
sustainable use, and management of associated marine resources.
The Government of Kenya recognizes the central role of the Blue Economy as it is included in Agenda
2030. It seeks to spur the growth of the sector by proposing policy changes such as allowing a 150%
investment deduction allowance for capital expenditures in the sector, VAT exceptions on materials for
fisheries and fish processing as well as reducing port charges on fishing vessels by 50%.
With the race towards the achievement of the Sustainable Development Goals, the Blue Economy has
an obvious role to play. This however is not without its challenges. Coastal environmental pollution from
land-based and marine activities, unsustainable fishing practices, invasive marine species, habitat
destruction from coastal development and extractive industries, poor governance and overfishing
overseas remain key issues facing countries exploration of the Blue Economy potential. Full engagement
in the Blue Economy requires forward-thinking approaches to integrating digital-age solutions in how we
solve problems and tap into new opportunities.
In the interest of promoting inclusive development of these areas, we have organised four ‘hack’ areas
for participants to develop actionable ideas in:
– Coastal agriculture and Aquaculture
– Arts and Culture