Algeria, September 15, 2020


Red Flags on the Blue Economy

We often hear that sustainable development stands on three legs of social equity, economic viability and environmental protection. The intersection of these three leads to sustainability. The challenge is that these three are rarely given equal consideration when actions are being taken. A careful consideration of the impacts of alterations or transformations in the environment leads to less degradation and ensures less destruction of habitats. Economic measures aimed at profit accumulation will ride on the exploitation of nature and labour to the detriment of the environment. Measures taken will dress business as usual in the garbs of technological advancement and innovative ideas. Where social inclusion in decision making and implementation is not a cardinal consideration, unethical and immoral decisions may be the outcome. Such decisions may cause divisions in society, entrench inequalities and promote racism and xenophobia. These are issues we have to keep at the back of our minds as we continue.

The world has been engulfed in crises arising from turmoil in the social, economic and environmental spheres. The climate crisis is one of the most challenging problems of our age. Analysts agree that the crisis is a result of a deeply flawed economic model that sees nature as an inexhaustible source of materials including the non-renewable ones like coal, oil and gas. This mindset has led to massive deforestation, and monoculture agriculture leading to nutritional deficiencies. It has generally encouraged over consumption, wastage and the driving of species to extinction. It goes without saying that of the three legs of sustainability, it is the economic one that takes precedent, creates the problems and is at the same time presented as the solution. Some of the economic bandages applied to the multiple crises engulfing the world include the Green Economy and the Blue Economy. If we are not careful the Green New Deal may end up being another of these.

The United Nations Environment Programme (UNEP) proposed a response in the form of a Global Green New Deal (GGND) aimed at using the multiple-crises as an opportunity for transformation through placing green investment at the core of stimulus packages, including green investment in regular government budgets and creating public-private green investment funding mechanisms. It also proposed the provision of domestic enabling conditions (fiscal/pricing policy, standards, education and training and global enabling conditions covering trade, intellectual; property rights, overseas development aid, technology transfer and environmental agreements.

UNEP sees the Green Economy as the “process of reconfiguring businesses and infrastructure to deliver better returns on natural, human and economic capital investments, while at the same time reducing greenhouse gas emissions, extracting and using less natural resources, creating less waste and reducing social disparities.”[1] This statement reinforces the exploitative business as usual model that is driving the world towards the precipice. The Green Economy hinges on the commodification of nature.

Applying the mercantilist notion of the Green Economy to seas, rivers and other water bodies will further erode the seeing of the gifts of nature as things that should be protected, preserved and nurtured from an intergenerational perspective. This is imperative because over 200 million Africans draw their nutrition from freshwater and ocean fish and over 10 million depend on them for income.

Africa literally floats on water. She is surrounded by water. The Blue Economy covers the use of aquatic species, including those found in the creeks, rivers, lakes, oceans and underground water. It covers fisheries, tourism, transport, energy, bioprospecting, marine biotechnology and underwater mining. These will clearly have serious negative impacts on the integrity of our aquatic ecosystems.

An African Union official sees the Blue Economy as “Africa’s hidden treasure” and declared that the “potential of oceans, lakes and rivers is unlimited.” He further added that the Blue Economy would move Africa “from an economy of harvests from limited resources to an economy of harvesting unlimited resources if we organize ourselves well. With the exploitation of resources come also sustainable financial means. But to approach this revolution we must completely change our perspective.”[2] This vision raises a lot of red flags. Firstly, there is nothing that is limitless on a finite or limited planet. This idea of unlimited resources is what has gotten us into the current ruinous state, at national as well as global levels.

We must understand that the Blue Economy is about the exploitation of water bodies. Just like land grabbing is raging across Africa, the Blue Economy will unleash an exacerbated sea grab on the continent. Already, marine resources on our continental shelf are being mindlessly plundered and trashed. The Blue Economy will solidify this trend. Maritime insecurity will intensify, and our artisanal fishers will be at great risk. Deep sea mining will increase the pollution of our water bodies. It is speculated that marine biotechnology can bring Africa up to $5.9 billion by 2022, but in a continent with very lax biosafety regulations this will mean reckless exploitation, contamination of local species and exposure to more risks and harms.

We conclude by iterating that the Blue Economy portends great danger for Africa. Besides the illogic of limitless aquatic resources, the economic template could open our oceans for risky geoengineering experimentations ostensibly to flight global warming. What we need is not cosmetic programmes that lock in the current ruinous track but a completely overhauled economic system built on the picture of a future that is truly socially inclusive, environmentally sustainable and economically just. These are just a few red flags on the Blue Economy.

Nnimmo Bassey is Executive Director, Health of Mother Earth Foundation (HOMEF)


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