Blue Economy: How Green for Nepal?

Presentation by Rasita ChaudharyNepal

Water Sources

Agriculture• 15M Jobs

• 33.1% of GDP

Aquaculture• 0.5M Jobs

• 1.97% of GDP

Tourism• 0.5M Jobs

• 4% of GDP

Blue Economy for Nepal

Nepal’s Connectivity to BoB

Billion USD Marine product Mkt

Trade Transportation

Avg 95% trade with India

Trade

Bay of Bengal

Potential

Fisheries

Mineral Fuels

Natural Gases

Vital Ecosystem

Hydrocarbons

Maritime Transport

Bay of Bengal Delineation

Delineation Opportunities

Exploration

Research and Development

Trade EnhancementEconomic Development

95%

5%

0%0%

India others

Current Situation

Opportunity for Nepal

Trade Diversification

Access to Sea

Issues of current route

Poor Infrastructure Congestion

Cumbersome Procedures

Way Forward

Infrastructural Development

Transportation

Way Forward

Hydropower

Tidal

Wave

Thermal

Solar

Energy Development Fossil Fuel Alternatives

ICT Development

Improved Communication

Way Forward

Better Cross Border Coordination

What is further required?

Regional Cooperation

Areas of Cooperation

Political & Strategic

R & D

Peace & Security

Human Resources Mobilization

Sustainable Development

What Nepal offers!

Potential of Hydro Power

Peace Keeping

Manpower

Trade Corridor to China

Nepal and Bay of Bengal

Nepal and Bay of Bengal

South Westerly Winds bring Monsoon in Nepal Fishes migrate too

Sustainability Issues

Overexploitation Pollution

Destruction of Marine Habitats

This may not be a solution

These could be…

Awareness

Research

Waste Management

Afforestation

Eco friendly business Promotion

Nepal’s Initiatives

Cross border connectivity

Soil conservation & watershed mgmt

Community forestry

Water clean-up campaigns

Eco friendly businessesEfforts are being made… but we still have a long way to go….

THE END