To date, the fisheries sector alone, over 600 million people directly or indirectly depend on fisheries and aquaculture resources for their livelihoods. Fish and fisheries products are also estimated to be providing nations and coastal people in particular with an important source of essential nutrition for over 4 billion people globally, while deriving up to 50 percent of animal protein and essential minerals for an estimated 400 million people in the poorest countries.
Understanding the complex context of global blue economy and fisheries resources helps to highlight the rationale and growing need of scaling up development of the associated value chains. UNIDO is leading the thematic work on blue economy growth, which aims to develop fisheries and aquaculture value chains. Given the broad scope of the thematic area, UNIDO addresses the Blue economy as strategically encompassing the development of inclusive small scale coastal and artisanal fisheries sector enterprises, including export oriented industrial value chain actors and service providers that interface with the diversity of water bodies globally, as providers of economic, social and ecological provisioning activities and livelihood benefits around them. The focus on institutional and enterprise capacity-building services may include promoting relevant policy actions, awareness on and adoption of good practices that advance sustainable social and economic transformation and environmental sustainability.