The Center for the Blue Economy Waves Newsletter: March-June 2017
Win-Win-Win for the Environment, Public Safety, and Investment
A report prepared for Lloyd's of London by the Center for the Blue Economy, in collaboration with the Nature Conservancy and UC Santa Cruz, examines options for financing natural infrastructure (wetlands, mangroves, natural dunes, etc.) that help protect against flooding and storm surge. The results? Investment to conserve natural habitats makes economic sense for investors and insurers. Natural barriers are less expensive than seawalls, the study finds. With natural infrastructure taken into account, insurers could reduce the amount of claims they pay out and lower premiums. The study finds that there is plenty of funding out there for natural infrastructure projects, but no "one size fits all" in terms of public/private partnerships. Securing funding will require bold action from industry, government, scientists, and communities.
Announcing Volume Four of the Journal of Ocean and Coastal Economics
On World Ocean's Day, June 8th, 2017, the Center for the Blue Economy announced the publication of Volume 4 of the Journal of Ocean and Coastal Economics. The Journal of Ocean and Coastal Economics is a peer-reviewed, open access online journal that publishes research on the theory and practice of economics as applied to ocean and coastal resources, and the role these resources play in regional and national economies. This volume includes: the Economic Evaluation of Coastal Land Use Loss in Louisiana (Barnes, et. al); Considerations of Socio-Economic Input Related Challenges and Recommendations for Ecosystem-Based Marine Spatial Planning: A Review (Sithou); and The Market Transfer Effect in the Hawaiian Longline Fishery: Why Correlation does not Imply Causation
(Scorse, et. al.). Additional articles will be added as they become available.
Meet the 2017 Summer Fellows: Affecting Change Globally
Eleven students. Three states. Four countries. This year's Center for the Blue Economy Summer Fellows are tackling ocean and coastal resource management challenges across a broad range of disciplines: deep sea conservation research, climate resilience, community-based resource management, sustainable financing, blue growth, fisheries management, coastal adaptation, community education, and gender equity.
The End of the CEMEX Sand Mine in Monterey Bay
The CEMEX sand mine located in Marina, CA, is the last coastal sand mine in the United States. It opened in 1906 in response to construction needs after the great San Francisco earthquake. When all other sand mines located in the Monterey Bay were closed in the 1990s (there had been a total of 6), the CEMEX site eluded closure with a grandfather clause. In April of this year, the Center for the Blue Economy wrote a letter to the California Coastal Commission and to each member of the State Lands Board, outlining the negative economic impacts of the mine, part of a larger letter writing campaign organized by Save Our Shores. On May 16th, 2017, Lieutenant Governor Gavin Newson, Chair of the State Lands Board, issued a cease and desist order against the mine. Now the California Coastal Commission has unanimously agreed to shut the mine down.
Welcome Dr. Juliano Calil, new Senior Fellow
Dr. Juliano Calil has almost 20 years of experience designing and implementing complex decisions support systems, across multiple industries and subject areas: coastal vulnerability assessment, coastal adaptation plans, flood insurance, census and demographic data, cost benefit analysis, and finance. Juliano received his Ph.D. in Ocean Sciences from the University of California Santa Cruz in 2017, with a thesis entitled “Multidisciplinary Approaches to Coastal Adaptation.” We are so pleased to welcome Dr. Calil to the Center for the Blue Economy team as our newest Senior Fellow, and look forward to future collaboration.
The Center for the Blue Economy in India
Center for the Blue Economy Research Director Dr. Charlie Colgan was invited to give two lectures in India from April 24-28 of this year. His trip was sponsored by Research and Information Systems for Developing Countries (RIS), a New Delhi based autonomous think-tank under the Indian Ministry of External Affairs and was part of the RIS “Blue Economy Forum.” Dr. Colgan provided a “practical guide to the blue economy,” focusing on ways those countries in the Indian Ocean region can prepare development strategies for their individual blue economies.
Congratulations to Melis Okter for her work on an interactive climate vulnerability map
Alumna Melis Okter (MAIEP-OCRM 2015) worked as a California Sea Grant Fellow for the California Coastal Commission in their Climate Change Department after graduation. She conducted an exhaustive review of California’s coastal resources at risk to sea level rise, and drafted the final statewide report that includes county level data on climate change vulnerability, economic valuation studies, and Local Coastal Program participation. Now, a new interactive website and map visually communicates those findings in an easily accessible way. Congratulations Melis! Thanks for your part in actualizing this important planning tool!
Center for the Blue Economy Research in Progress
*California Sea Grant Study--study of how people are making risk based decisions regarding climate change. The focus/study area is southern Monterey Bay area. The goal is to develop more sophisticated risk models in deciding options for adaptation to sea level rise.
*San Diego Climate Collaborative--economic forecasting study to see how increased storm surges and sea level rise would affect the regional economy.
*Blue Economy of Bangladesh--a study done in collaboration with Duke University, funded by the World Bank.
*The 3rd annual ocean economics symposium will be hosted by Organization for Economic Co-operation and Development (OECD), Paris, France. It is scheduled for November 23-24, 2017, with 60 people in attendance. This is a continuation of the international symposium the Center for the Blue Economy instituted in 2015.
*The National Ocean Economics (NOEP) is in the midst of one of the biggest expansions of their public data sets in recent history. Working with very bright and talented young Graduate Research Assistants and the diligent efforts of the NOEP Data Manager Pat Johnston, the National Ocean Economics Program will launch a host of new Arctic data by the end of June.
*Dr. Isao Sakaguchi, Visiting Scholar at the Center for the Blue Economy, is fighting for sustainable fishing in Japan. He has attended several influential conferences, and was recently featured on Australian Public Broadcasting.
*Dr. Brendan Kelly, Senior Fellow at the Center for the Blue Economy, attended the Arctic Council meetings and recently the Ditchley Foundation's "Arctic in the Crossroads" symposium, a gathering of scientists, academics, and industry.
*Dr. Jason Scorse, Director of the Center for the Blue Economy, discusses behavioral economics to inform sound environmental investments in a recent podcast, and traceability as a pillar of seafood security in a recent guest blog post for the Natural Security Forum.
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