Workshop promotes resources accounting, sustainable blue economy development
Organised by the Ministry of Agriculture and Environment’s Institute Of Strategy and Policy on Natural Resources and Environment, the global forum on natural capital accounting, and the University of New South Wales, the event aimed to share experiences and develop ocean accounts at local, national, and regional levels.
At the workshop in Ha Long on March 3 (Photo: baoquangninh.vn)
Quang Ninh (VNA) – A regional workshop on ocean accounts in Southeast Asia took place in Ha Long City, the northern coastal province of Quang Ninh on March 3, bringing together policymakers and technical experts from 10 countries and international organisations.
Organised by the Ministry of Agriculture and Environment’s Institute Of Strategy and Policy on Natural Resources and Environment, the global forum on natural capital accounting, and the University of New South Wales, the event aimed to share experiences and develop ocean accounts at local, national, and regional levels.
A representative from the provincial Department of Agriculture and Environment underscored Vietnam’s strong potential in developing a blue economy with its diverse marine and coastal ecosystems. However, the fragmented growth of marine industries and potential conflicts between economic development and ecosystem protection remain key challenges. Marine resources accounting is being adopted globally as a solution, providing a four-dimensional statistical framework that assesses resource quantity, environmental quality, economic value, and ecosystem services. This approach helps shape sustainable development strategies and conservation policies.
Discussions at the workshop focused on key topics such as ocean accounting for sustainable ocean development in Vietnam, the country’s practical experiences in marine and coastal resource accounting, as well as green economy and green finance.
♋ Experts also exchanged insights on sustainable blue economy promotion, case studies on marine and coastal resource accounting, the integration of resource accounting into local and national statistical systems and the development of a unified marine and coastal resource accounting framework for Southeast Asia./.
The Institute of Strategy and Policy on National Resources and Environment (ISPONRE) under the Ministry of Natural Resources and Environment held a consultation conference on building ocean accounts in Vietnam.
Boosting the growth of blue economy, a key factor in the implementation of the UN Sustainable Development Goal (SDG) on conserving and sustainably using of the oceans, seas and marine resources (Goal 14) for sustainble development, has become a worldwide trend.
Blue economy has big potential to become a new engine for the development of the Association of Southeast Asia Nations (ASEAN), an Indonesia’s senior official has said.
Mariam Sherman, World Bank Country Director for Vietnam, Laos, and Cambodia, said the World Bank remains committed to working with the Vietnamese government to develop the next phase of climate resilience and transformation for the Mekong Delta.
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Wutip, the first storm in the East Sea so far this year, has wreaked havoc across central Vietnam, claiming lives, displacing residents, and causing widespread damage to houses, crops, and infrastructure, the Department of Dyke Management and Disaster Prevention and Control reported as of 6:30 pm on June 13.
The tremor occurred at 7:39:46 am (Hanoi time), with the epicentre located at latitude 14.924°N and longitude 108.236°E, at a depth of approximately 8.1 kilometres. The natural disaster risk level was classified as 0 – the lowest on the scale.
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Vietnam has demonstrated its strong commitments by participating in global sustainable development forums, signing multiple free trade agreements, and attracting support from international partners for the implementation of the SDGs.
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According to Director of the provincial Department of Agriculture and Environment Le Huu Toan, a fire prevention and control plan has been in place since the dry season began, including round-the-clock patrols and rapid-response teams to snuff out fires before they could spread.
Renowned artists including Ha Anh Tuan, Den Vau, and Phan Manh Quynh, along with many directors and attendees, took part in planting hundreds of rare tree species such as mun (Diospyros mun) and cho chi (Parashorea chinensis) in the Thung Bong area of the Cuc Phuong National Park, contributing to forest ecosystem restoration.