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CEFC supports UN’s sustainability call and urges to develop Blue Economy

A highly developed Blue Economy is the key to reversing over exploitation of ocean resources, argues a top-tier think-tank actively promoting sustainable development.

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CEFC supports UN’s sustainability call and urges to develop Blue Economy

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A highly developed Blue Economy is the key to reversing over exploitation of ocean resources, argues a top-tier think-tank actively promoting sustainable development.

It is perhaps no coincidence that the pledge is sounded out from a Hong Kong-based think-tank, China Energy Fund Committee (CEFC), although it’s fair to point out that the organisation is also domiciled in the US, and it works with many cutting edge universities, research institutes and other think-tanks around the world as well.

Hong Kong people know what the ocean can offer. Ranked second in Asia (per capital) for the consumption of seafood and the eighth largest in the world. This means that each Hong Kong person consumes an average of 65.5 kg of seafood per year — by any measure this is an astonishing amount, more than three times higher than global averages. 

So Hong Kong seafood lovers, more than any other people on the planet, need to be aware that due to the over exploitation of fishing areas, and the illegal practices of fishing fleets, there is the real danger of our ocean being literally fished to death.

According to WWF-Hong Kong, Bluefin tuna (of the type sold as sashimi), sturgeon caviar, eel, groupers and conch are just a few of our seafood delicacies which may one day be made extinct due to extensive over-fishing.

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