Challenges in the ocean economy of South Africa

Abstract

ABSTRACT This paper shows how four major challenges in the ocean economy is linked to the 15 global challenges and the sectors that are influenced by these challenges. The ocean is becoming a focal point in the discourse on growth and sustainable development, both at national and international levels. Human aspirations and economic growth exert pressure on the ocean and the marine ecosystem and, therefore, constitute challenges for sustaining growth and ocean economy development. This conceptual paper analyses definitions of the ocean economy, the ocean economy’s contribution toward world economic growth, the 15 global challenges, and specific challenges in the South African ocean economy. Four critical challenges are highlighted, firstly, pollution, which includes environmental disasters such as oil spills and dumping at sea, secondly, illegal, unreported, and unregulated fishing, thirdly, climate change and, finally, disease events. As both private and public sectors should address these challenges, this research identifies possible reform measures for further consideration by these sectors to find possible solutions.