This growth trajectory positions the blue economy as a key driver of sustainable economic development and global prosperity. Recognising the vast promise of the blue economy, ASEAN leaders took a significant step in 2021 by adopting the ASEAN Leader’s Declaration on the Blue Economy in Brunei Darussalam. An exemplary demonstration of this collaborative spirit is showcased through the project “Enabling Blue Innovation Solutions for ASEAN’s Blue Economic Growth, including through Nurturing Start-ups and MSMEs” – or the “ASEAN Blue Economy Innovation project” in short. To propel these visions forward together, we have launched the “ASEAN Blue Innovation Challenge” as part of the new “ASEAN Blue Economy Innovation project” , in all ten ASEAN countries and Timor-Leste. The ASEAN Blue Innovation Challenge stands as a conduit for private entrepreneurs, inventors, academics, and researchers to collectively drive change through sustainable solutions.

Source: Viet Nam News May 13, 2024 11:40 UTC