Danny Faure Foundation takes part in sustainable blue economy investment forum in Lisbon, Portugal

54
Danny Faure Foundation takes part in sustainable blue economy investment forum in Lisbon, Portugal
Danny Faure Foundation takes part in sustainable blue economy investment forum in Lisbon, Portugal

Africa-Press – Seychelles. We need to ensure that people remain a priority and are not marginalised. Before focusing on the relationship between the ocean and the economy, we need to look at the citizens’ mindset on the ocean.”
This was said by former Seychelles President Danny Faure, in his capacity as the chairman and founder of the Danny Faure Foundation (DFF), while taking part in the Sustainable Blue Economy Investment Forum held in Lisbon, Portugal on June 28.

He was speaking on Panel 4, entitled ‘Production, Protection and Prosperity: the 3 Ps contribution to the blue economy’.

In his remarks, former President Faure stressed on the importance of leadership and partnership for the attainment of the 3Ps.

He further stated that a people-centred approach is crucial as governments need to aim for production with the right regulatory framework in the interest of its citizens.

“We need to ensure that people remain a priority and are not marginalised. Before focusing on the relationship between the ocean and the economy, we need to look at the citizens’ mindset on the ocean.”

Former President Faure also shared his and the Seychelles governments’ past experiences on achieving the blue bonds, and the 30% marine protected areas through the marine spatial planning exercise that was made possible with the support of The Nature Conservancy.

The Sustainable Blue Economy Investment Forum was co-hosted by the governments of the Portuguese Republic and the Republic of Kenya and co-organised by AICEP Portugal Global (the Portuguese Trade & Investment Agency) supported by the Municipality of Cascais and the UN Department of Economic and Social Affairs.

One of the aims of the forum was to launch a process for designing the blue economy’s sustainable framework global standard, that will be used in financial instruments, and investment decisions and businesses.

Other speakers at the forum included Maria Helena Semedo, deputy director general, Food and Agriculture Organisation of the United Nations; Dr Richard Spinrad, under secretary of Commerce for Oceans and Atmosphere and NOAA administrator, United States of America; Ambassador Tove Bruvik Westberg, Norway’s ambassador to Portugal; Gim Huay Neo, MD, Centre for Nature and Climate, World Economic Forum; Carlos San Basilio, MD, Corporate Strategy and member of the executive board European Bank for Reconstruction and Development; Paul Holtus, President, World Ocean Council; Bernardo Ivo Cruz, secretary of state for International Trade and Foreign Investment; Jennifer Morris, CEO, The Ocean Conservancy.

The panel discussions were moderated by Ruben Eiras, secretary-general, Forum Oceano – Portugal Blue Economy Cluster.

For More News And Analysis About Seychelles Follow Africa-Press

LEAVE A REPLY

Please enter your comment!
Please enter your name here