Blue Economy - mpf.gov.mv
Transcript of Blue Economy - mpf.gov.mv
![Page 1: Blue Economy - mpf.gov.mv](https://reader030.fdocuments.us/reader030/viewer/2022012423/6177ade6080e3526485d8095/html5/thumbnails/1.jpg)
Blue EconomyAddressing Inclusivity, and Sustainability in Economic
Development
![Page 2: Blue Economy - mpf.gov.mv](https://reader030.fdocuments.us/reader030/viewer/2022012423/6177ade6080e3526485d8095/html5/thumbnails/2.jpg)
Policy Priority Areas
• Diversified and inclusive economy
• Enhancing connectivity
• Renewable energy
• Resilient infrastructure and sustainable environment
![Page 3: Blue Economy - mpf.gov.mv](https://reader030.fdocuments.us/reader030/viewer/2022012423/6177ade6080e3526485d8095/html5/thumbnails/3.jpg)
Diversified and Inclusive Economy
![Page 4: Blue Economy - mpf.gov.mv](https://reader030.fdocuments.us/reader030/viewer/2022012423/6177ade6080e3526485d8095/html5/thumbnails/4.jpg)
Diversified and Inclusive Economy
Diversification of Key Economic Sectors
• Tourism: Local tourism
• Fisheries: Tapping into aquaculture commodities such as mariculture, increase value addition in tuna fisheries.
• Agriculture: Facilitating market access for local producers, import substitution.
• Setting up Maldives Marine Research Institute.
![Page 5: Blue Economy - mpf.gov.mv](https://reader030.fdocuments.us/reader030/viewer/2022012423/6177ade6080e3526485d8095/html5/thumbnails/5.jpg)
Diversified and Inclusive Economy
Tapping in to new industries: ICT
• Upgrading digital infrastructure network
• Modernizing Government services through a digital first policy
• Developing a digital-ready workforce
• Proposed projects: STEM education center
Establishment of an IT park
National Data Centre
Setting up government owned fibre network
![Page 6: Blue Economy - mpf.gov.mv](https://reader030.fdocuments.us/reader030/viewer/2022012423/6177ade6080e3526485d8095/html5/thumbnails/6.jpg)
Diversified and Inclusive Economy
Fostering entrepreneurship growth and trade
• SME Development Financing Corporation
• SME Industrial park
• Maldives Fund Management Company
• SME Office complex
![Page 7: Blue Economy - mpf.gov.mv](https://reader030.fdocuments.us/reader030/viewer/2022012423/6177ade6080e3526485d8095/html5/thumbnails/7.jpg)
Diversified and Inclusive Economy
Generating jobs
• Establishment of job centers
• Employment web portal for skill matching
• Increase women participation in workforce
• Skill development
![Page 8: Blue Economy - mpf.gov.mv](https://reader030.fdocuments.us/reader030/viewer/2022012423/6177ade6080e3526485d8095/html5/thumbnails/8.jpg)
Enhancing Connectivity
![Page 9: Blue Economy - mpf.gov.mv](https://reader030.fdocuments.us/reader030/viewer/2022012423/6177ade6080e3526485d8095/html5/thumbnails/9.jpg)
Enhancing Connectivity
• Maritime and air-transport connectivity
• Establish an environmentally friendly land transportation system for the Greater Male region
• Commercial harbor relocation.
![Page 10: Blue Economy - mpf.gov.mv](https://reader030.fdocuments.us/reader030/viewer/2022012423/6177ade6080e3526485d8095/html5/thumbnails/10.jpg)
Enhancing Connectivity
Digital economy and e-Governance• ICT Governance
• Digital-ready workforce
• National Single Window
• National Data Centre
• National Help Desk
![Page 11: Blue Economy - mpf.gov.mv](https://reader030.fdocuments.us/reader030/viewer/2022012423/6177ade6080e3526485d8095/html5/thumbnails/11.jpg)
Renewable Energy
![Page 12: Blue Economy - mpf.gov.mv](https://reader030.fdocuments.us/reader030/viewer/2022012423/6177ade6080e3526485d8095/html5/thumbnails/12.jpg)
Renewable Energy
• Reduce dependence on fossil fuels
• Investment in renewable energy sources• 70% of daytime peak load through renewable energy
sources
• Proposed projects: Install Solar PV- hybrid systems in 100 inhabited islands
• Strengthen the regulatory framework : conducive feed-in- tariff and net metering mechanisms
![Page 13: Blue Economy - mpf.gov.mv](https://reader030.fdocuments.us/reader030/viewer/2022012423/6177ade6080e3526485d8095/html5/thumbnails/13.jpg)
![Page 14: Blue Economy - mpf.gov.mv](https://reader030.fdocuments.us/reader030/viewer/2022012423/6177ade6080e3526485d8095/html5/thumbnails/14.jpg)
Resilient Infrastructure and Sustainable
Environment
![Page 15: Blue Economy - mpf.gov.mv](https://reader030.fdocuments.us/reader030/viewer/2022012423/6177ade6080e3526485d8095/html5/thumbnails/15.jpg)
Resilient Infrastructure
Solid Waste Management
• Reduce, Reuse, Recycle – waste will become avaluable resource
• Regional waste management centers
• Local transport network to move waste fromlocal communities to regional waste centers
• Proposed Project: Huvadhoo Atoll WasteManagement System
• Minimising the use single use plastics
![Page 16: Blue Economy - mpf.gov.mv](https://reader030.fdocuments.us/reader030/viewer/2022012423/6177ade6080e3526485d8095/html5/thumbnails/16.jpg)
Resilient Infrastructure
Water, Sanitation and Sewerage
• Upgrading water supply distribution network
• Establish rainwater harvesting mechanisms and storage facilities
• Formulate the first Water and Sewerage Act
• Proposed project: Setting up water supply and sewerage systems in 28 islands.
![Page 17: Blue Economy - mpf.gov.mv](https://reader030.fdocuments.us/reader030/viewer/2022012423/6177ade6080e3526485d8095/html5/thumbnails/17.jpg)
Sustainable Management of the Environment
Climate resilience
• Preserve natural flood protection systems such as mangroves and coastal ridges.
• Integrated coastal zone management
• Emergency preparedness and response system
![Page 18: Blue Economy - mpf.gov.mv](https://reader030.fdocuments.us/reader030/viewer/2022012423/6177ade6080e3526485d8095/html5/thumbnails/18.jpg)
Sustainable Management of the Environment
• Sub headings
![Page 19: Blue Economy - mpf.gov.mv](https://reader030.fdocuments.us/reader030/viewer/2022012423/6177ade6080e3526485d8095/html5/thumbnails/19.jpg)
Sustainable Management of the Environment
• Sub headings
![Page 20: Blue Economy - mpf.gov.mv](https://reader030.fdocuments.us/reader030/viewer/2022012423/6177ade6080e3526485d8095/html5/thumbnails/20.jpg)
Sustainable Management of the Environment
Preserve biodiversity
• Protected areas in all administrative atolls
• Strengthening the Environment Protection Agency
• Strengthen research capacity for evidence based policy making
• Nationwide reef rehabilitation and restoration programme
![Page 21: Blue Economy - mpf.gov.mv](https://reader030.fdocuments.us/reader030/viewer/2022012423/6177ade6080e3526485d8095/html5/thumbnails/21.jpg)
Thank you!