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3rd webinar in Quadrilateral Virtual Series on Blue Economy- Blue Economy for Prosperity in Post Pandemic World: Opportunities in Traditional Sectors and New Avenues for Financing
The sessions would discuss the following aspects:
• What role will the private sector from the key established Blue Economy sectors play to develop an inclusive and sustainable development of Blue Economy in India.
• In the livelihood and food security sector of fisheries and aquaculture, sustainable growth would call for a calibrated strategy. What are the challenges and opportunities for developing the sector with the right mix of international partnerships and leveraging local expertise?
• The Blue Economy includes Circular Economy and goes beyond it. Which sectors of Blue Economy currently leverage the fundamental concept of Circular Economy?
• What models and value chains can be created within Blue Economy sectors connecting to external sectors through international partnerships while applying the core principles of self-reliance and localization – with the best of global technology and skills to make this development self-sustaining, resource efficient and ‘Glocal’?
• The sectors of Blue Economy are intertwined with several other sectors and thus have the potential to have a multiplier effect greater than the mere sectoral impact. There is a need for industry clusters to support knowledge sharing, promote access to capital and build foundation for partnerships between government agencies, research institutions, and private sectors and entrepreneurs. Are marine clusters effective and what preconditions are required for their success?
• At the policy level, how can synergy be created among multitudinous agencies and ministries to incentivise and propel Blue growth in a sustainable manner? As the Blue Economy benefits would be largely realised through the PPP mode, is enough being done by Government and industry to develop partnerships in Blue Economy?
• Blue Economy has a potential to create additional employment opportunities, encourage innovation, and provide opportunities for knowledge-based activities in key maritime sectors. How can industry problem statements be connected to research by academic institutions ? What incentives promote industry-academia partnership to commercialise innovative for cost- effective technology for Blue Economy?
• Blue Economy requires a specific set of skills that are attuned to the requirement of sensitively and sustainably harnessing Blue resources. Instances such as the EU initiative of The Blue careers projects work programme aim to establish platforms for cooperation between business and education to raise the attractiveness of “blue careers”.What are the best practices and issues to be kept in mind while designing such a skilling ecosystem and policy framework?
• Sustainable financial markets and systems are evolving in sync with the global and domestic regulatory and advocacy trends. The resulting policy and regulatory framework would progressively make it more difficult and expensive to raise finances for unsustainable business activities. Is private sector prepared for this shift from business as usual to
sustainable business?
• As per the UNSG’s Roadmap for Financing the 2030 Agenda, the SDGs could open USD 12 trillion of additional market opportunities and create 380 million new jobs. Action on climate change would also result in a saving of about USD 26 trillion by 2030. How can there be greater engagement by industry in this opportunity? How can large-scale investments be attracted to support these projects while meeting the private sector criteria of generating a return on investment.
• What role can “Blue funds” arranged by governments or development finance institutions, providing credit enhancement to projects in the form of ‘blue credits’ play in this endeavour1?
Opening Session
1050- 1100 hrs Logging In
1100- 1105 hrs Welcome Remarks by Mr Dilip Chenoy, Secretary General, FICCI
1105- 1110 hrs Remarks by Mr Pankaj Madan, Deputy Head- India Office KAS
1110- 1115 hrs Remarks by Vice Admiral Pradeep Chauhan, Director General, National Maritime Foundation 1115-1120 hrs Remarks by Mr. R R Rashmi, Programme Director and Distinguished Fellow, TERI
1120-1130 hrs Setting the Tone by Amb. Rajiv Bhatia, Chair, FICCI Task Force on Blue Economy; Distinguished Fellow, Gateway House and Former Ambassador
Session I: Leveraging the potential of Traditional Sectors
Discussion Moderated by: Amb. Rajiv Bhatia, Chair, FICCI Task Force on Blue Economy
Key Presenter – Prof. A. Subramanyam Raju, Member, FICCI Taskforce on Blue Economy; Professor, Centre for South Asian Studies and Coordinator, UGC Centre for Maritime Studies, Pondicherry University
1130- 1145 hrs Presentation by Prof. A. Subramanyam Raju
1145-1300 hrs Remarks by Eminent Speakers from Industry and Policy Experts:
- Capt. BVJK Sharma, Chairman- Shipping, FICCI Committee on Transport Infrastructure and Director- Ports (CEO’s Office), Adani Ports & SEZ
- Capt. Gajanan Karanjikar, Multimodal Transport expert; Blue Economy activist; President – All Indian Marine Pilots’ Association and Head -Coastal Shipping, Sical Logistics Limited
- Dr. Najeeb Zackeria, Managing Director, Abad Builders (P) Ltd; Immediate Past Chairman, CREDAI Kerala • Mr. Alex K Ninan, President, The Seafood Exporters Association of India
- Mr. Girish Sreeraman, Head – India, Bangladesh, Sri Lanka & Thailand, DNV GL Maritime
- Mr. Rajiv Ranjan Kumar, Chief Executive Officer, Apeejay Infralogistics Pvt. Ltd.
1300- 1310 hrs Remarks by Mr. Peter Rimmele, Resident Representative- India, Konrad-Adenauer- Stiftung 1310- 1330 hrs Special Interventions followed by Moderated Discussion
Session II: Financing Blue Economy
Session Chair Amb. Anup Mudgal, Member, FICCI Taskforce on Blue Economy; Former High Commissioner to Mauritius 1400- 1420 hrs Presentation by Amb. Anup Mudgal
1420-1520 hrs Remarks by Eminent Speakers from Industry and Policy Experts:
- Mr. Paul Holthus, Founding President and CEO, World Ocean Council
- Mr. Roy W. Høiås, CEO, Partner and Owner, Lighthouse Finance : ‘Transition towards Blue Circular Economy in the Food System’
- Mr. Souvik Bhattacharjya, Associate Director, Integrated Policy Analysis Division, TERI
- Mr. Saurabh Thakur, Associate Fellow, NMF : ‘Exploring Uncharted Waters: Financing A Knowledge-Based understanding of Blue Economy’
1520- 1540 hrs Special Interventions followed by Moderated Discussion
Closing Session
1540- 1550 hrs Summing Up and Key Takeaways by Amb. Anup Mudgal, Member, FICCI Taskforce on Blue Economy; Former High Commissioner to Mauritius
1550- 1600 hrs Vote of Thanks by Mr Manish Singhal, Deputy Secretary General, FICCI
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