Italy, with its 7,500 kilometres of coast, supports a thriving blue economy sector. This sector contributes an estimated €70billion to the national economy. It employs approximately 400,000 people, according to the latest EU report.
Organisers of the annual Ecomondo exhibition cited this report on Tuesday.
Liguria particularly excels in the blue economy thanks to its shipyards and ports. The region achieves an annual turnover of €5 billion. Sicily also stands out, where tourism and maritime transport generate an estimated €4.5 billion.
The blue economy will take centre stage at Ecomondo 2024, an event organised by the Italian Exhibition Group. The exhibition, scheduled for 5th-8th November in Rimini, on the Adriatic Sea, will focus on several key areas. These include reducing carbon emissions, managing marine resources, promoting the circular economy, and advancing renewable marine energy.
What is the Blue Economy?
The blue economy includes traditional sectors like tourism, maritime transport, and fishing. It also encompasses offshore wind energy, robotics, and artificial intelligence, among others. These emerging fields highlight the sector’s evolving nature and its potential for future growth.
Globally, the blue economy is worth approximately €1,300 billion, according to data from the Italian Exhibition Group. This value is expected to double by 2030, reflecting the sector’s rapid expansion. In Europe, it generates a turnover of about €665 billion, contributing 5% to the EU’s GDP.
Ecomondo 2024
Ecomondo 2024 will feature various discussions and exhibitions focused on the blue economy. Attendees will explore advancements in marine technology and sustainable practices. The event aims to foster collaboration and innovation within the sector. By bringing together experts and stakeholders, Ecomondo promotes the economy’s growth and sustainability.
Reducing carbon emissions remains a key priority. The sector seeks to implement eco-friendly practices across all its areas. Effective management of marine resources ensures the long-term viability of marine ecosystems. Promoting the circular economy helps minimise waste and maximise resource efficiency. Renewable marine energy offers sustainable alternatives to traditional energy sources.
