Every year, the ocean economy has an estimated turnover of between US$3 and 6 trillion. This includes employment, ecosystem services provided by the ocean, and cultural services. It is also estimated that fisheries and aquaculture contribute $US100 billion per year and about 260 million jobs to the global economy.
'Illegal fishing is contributing to overexploitation of marine resources. Norway has some of the best managed fish stocks in the world. This is because we have good routines for controlling catches. We are now increasing our support for developing countries' efforts to combat illegal fishing,' said Minister of Foreign Affairs Børge Brende.
Sida launches a new conceptual framework for understanding poverty in multiple dimensions. The framework is part of an initiative by Sida to further strengthen its poverty focus and its contribution to Agenda 2030.
Each year, the International Energy Agency spends months preparing an analysis of the global energy economy and where it's heading. The report takes into account economic, technological, and policy developments, and it tries to project the trends that will drive our energy use for decades. This year's report suggests that a combination of economics and policy will drive an explosion in renewables, making them the largest power source built between now and 2040.
A dozen international poverty and development organizations published a report last week on the impact of building new coal power plants in countries where a large percentage of the population lacks access to electricity. The report’s conclusions are strikingly counter-intuitive: on the whole, building coal power plants does little to help the poor, and often it can actually make them poorer.