SIG on Machine Learning
April 15, 2021Blue Economy has been among the important agenda of most countries in the world, aligned with the United Nations’ Sustainable Development Goal (SDG) 14 – Life Below Water. Due to its huge potential for socio-economic development, the global ocean economy was estimated to reach USD 3.0 trillion by 2030.
Blue Economy offers tremendous potential economic value and prospects for Malaysia.
As a maritime nation with extensive coastal and marine ecosystem rich with biodiversity, and around 70 percent of its population living along 4,800 kilometers of coastline, it is important for Malaysia to understand the Blue Economy concept. A sustainable, holistic, and informed governance structure is also needed to balance conflicts between marine resource use, habitat recovery and area development. Such an approach is important in identifying some of the key challenges its adoption poses and suggesting some broad next steps to ensure its implementation.
Following this, the SIG prepared a Position Paper on Oceanography that will provide a constructive framework for sustainable development and economy of marine and maritime sectors in Malaysia.
At a Glance
Chair: Emeritus Professor Dr Phang Siew Moi FASc
Establishment: 2019