Blue economy in the light of research activities of ACECoR is the sustainable use and conservation of all coastal water resources. It aims at deriving maximum benefits from all coastal water resources as well as promote economic growth, social progress and environmental protection. All coastal resources require proper management to ensure their efficient use in the light of their finite nature. Most coastal resources in Africa are harnessed without any valuation.
They are either undervalued or are not accounted for at all leading to economic losses to countries. Most often the economic ramifications of exploiting coastal resources are not considered by communities, states/regions and nations. Businesses on the ocean relating to shipping, ports, transportation and connectivity have been underutilized.
It is therefore necessary to explore issues relating to how much investment, what types of investments to be made in the underutilized areas of the ocean and how much benefits can be derived from investing in coastal areas with the aim of ensuring sustainability. This thematic area will also consider employment, job creation and poverty reduction in coastal areas. It aims at researching into untapped opportunities that can be exploited to leverage unsustainable environmental uses along the coast.
Also to be explored are legal and policy frameworks available for ensuring equal opportunities for women and vulnerable in coastal societies. Again the role of cities, tourism and infrastructure in coastal population development will be explored among others to ascertain spatial development, spatial planning and equitable resource use in the coast.