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Blue Economy: How Green for Nepal?
Presentation by Rasita ChaudharyNepal
Water Sources
Agriculture• 15M Jobs
• 33.1% of GDP
Aquaculture• 0.5M Jobs
• 1.97% of GDP
Tourism• 0.5M Jobs
• 4% of GDP
Blue Economy for Nepal
Nepal’s Connectivity to BoB
Billion USD Marine product Mkt
Trade Transportation
Avg 95% trade with India
Trade
Bay of Bengal
Potential
Fisheries
Mineral Fuels
Natural Gases
Vital Ecosystem
Hydrocarbons
Maritime Transport
Bay of Bengal Delineation
Delineation Opportunities
Exploration
Research and Development
Trade EnhancementEconomic Development
95%
5%
0%0%
India others
Current Situation
Opportunity for Nepal
Trade Diversification
Access to Sea
Issues of current route
Poor Infrastructure Congestion
Cumbersome Procedures
Way Forward
Infrastructural Development
Transportation
Way Forward
Hydropower
Tidal
Wave
Thermal
Solar
Energy Development Fossil Fuel Alternatives
ICT Development
Improved Communication
Way Forward
Better Cross Border Coordination
What is further required?
Regional Cooperation
Areas of Cooperation
Political & Strategic
R & D
Peace & Security
Human Resources Mobilization
Sustainable Development
What Nepal offers!
Potential of Hydro Power
Peace Keeping
Manpower
Trade Corridor to China
Nepal and Bay of Bengal
Nepal and Bay of Bengal
South Westerly Winds bring Monsoon in Nepal Fishes migrate too
Sustainability Issues
Overexploitation Pollution
Destruction of Marine Habitats
This may not be a solution
These could be…
Awareness
Research
Waste Management
Afforestation
Eco friendly business Promotion
Nepal’s Initiatives
Cross border connectivity
Soil conservation & watershed mgmt
Community forestry
Water clean-up campaigns
Eco friendly businessesEfforts are being made… but we still have a long way to go….
THE END