Determination of criteria for assessing the sustainability of the blue economy within the framework of the protection of the Ukrainian sea coast

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Determination of criteria for assessing the sustainability of the blue economy within the framework of the protection of the Ukrainian sea coast

Sryberko Andrii

PhD in Earth Sciences, Research Fellow

State Organization ”Institute of market and economic-ecological researches of the National Academy of Sciences of Ukraine”, Ukraine

Summary

Keywords: blue economy, sustainability, criteria and indicators, natural capital, environmental assets, governance, ecosystem, socio-economic system, Ukrainian sea coast.

It is known [1,2] that according to the definition of the European Commission, the blue economy is all economic activity related to oceans, seas and coasts. The blue economy covers a wide range of interconnected existing and emerging sectors. blue economy sustainability criteria

The blue growth of countries with a transition economy is closely related to the features of sustainable development [3] and is based on fundamental economic- ecological contradictions and conflicts [4, 5, 6].

In March 2021, the European Commission published the report «Sustainability Criteria for the Blue Economy» [7]. The report describes the results of research aimed at determining the main criteria and indicators for assessing the sustainability of the blue economy. According to this report, the stock of natural resources of the ocean with its biotic and abiotic components and services is called natural capital. This natural capital of the ocean provides ecosystem services, which are the basis of the blue economy and related socio-economic development. The flows of goods and services provided by marine and coastal ecosystem services can be divided into

Fig. 1. Natural capital, ecosystem services and their use in socio-economic systems

Source: based on [7]

The European Commission has defined the working title of a sustainable blue economy - a sustainable blue economy promotes economic growth, social integration and improved livelihoods, while ensuring the environmental sustainability of the natural capital of the oceans and seas. The blue economy encompasses all sectoral and cross-sectoral economic activities related to oceans, seas and coasts. It includes new sectors and economic value based on natural capital and non-market goods and services through the conservation of marine habitats and ecosystem services.

The definition of the concepts of criteria and indicators for assessing the sustainability of the blue economy can be reached based on the principles given in [7, 10], namely: Criteria are specific features or characteristics of systems to be evaluated and monitored, and indicators are the corresponding measurable

variables that reflect each criterion and can be defined qualitatively or quantitatively. A unit of measurement is associated with each indicator. A clear distinction between «what to measure» (criteria) and «how to measure» (indicators) is useful for the clear logic and ease of use of the Blue Economy Sustainability Framework.

The criteria and indicators for assessing the sustainability of blue economy activities are structured around four dimensions of sustainability, based on environmental, economic, social and governance aspects of sustainability. The analysis of these parameters of sustainability in various sectors of the blue economy gave grounds for building a conceptual structure of sustainability of the blue economy for the Ukrainian sea coast in the subsector «Coastal defence and flood protection». This structure is based on the general criteria of governance (Table 1), economic (Table 2), social (Table 3) and environmental (Table 4) dimensions.

Table 1

Proposed criteria and indicators for assessing the sustainability of the blueeconomy for the governance dimension

Table 2

Proposed criteria and indicators for assessing the sustainability of the blue economy for the economic dimension

Table 3

Proposed criteria and indicators for assessing the sustainability of the blue economy for the social dimension

Table 4

Proposed criteria and indicators for assessing the sustainability of the blue economy for the environmental dimension

Thus, the proposed criteria and indicators for assessing the sustainability of the blue economy for the Ukrainian sea coast within the subsector «Coastal defence and flood protection» meet the EU requirements for the sustainability of the blue economy and reflect the main environmental, economic, social and governance aspects of the sustainability of this subsector.

References:

[1] European Commission. What is the blue economy? (2018). Retrieved from https://oceans-and-fisheries.ec.europa.eu/publications/what-blue-economy_en. (Accessed: 25 October 2023)

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[7] European Commission, European Climate, Infrastructure and Environment Executive Agency, Sustainability criteria for the blue economy - Main report. (2021). Publications Office. DOI: https://data.europa.eu/doi/10.2826/399476.

[8] Haines-Young, R., & Potschin M.B. (2018). Common International Classification of Ecosystem Services (CICES) V5.1 and Guidance on the Application of the Revised Structure. Retrieved from https://cices.eu/content/uploads/sites/8/2018/01/Guidance- V51 -01012018.

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