An Overview of the Blue Economy of the Philippines - A Brief Assessment and Recommendations

Donah Baracol Pinhao

No PB-2023-12, Working Papers from Economic Research Institute for ASEAN and East Asia (ERIA)

Abstract: This overview provides a brief assessment of the blue economy of the Philippines, listing the main challenges and risks facing all stakeholders in the development, strengthening, and growth of the sectors it comprises. Potential enablers for the blue economy are identified, and monitoring and evaluation mechanisms that may be useful both at the national and the ASEAN levels are presented. The formulation of a national strategy and a roadmap for the blue economy is a crucial initial step for the government. Sustainability, resiliency, and inclusivity must be identified as pillars of the blue economy and integrated into all relevant planning frameworks.

Pages: 4 pages.
Date: 2023-11-27
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