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Expert suggests building circular marine bioeconomy for sustainable growth in Aotearoa.

New Zealand has a unique opportunity to build a circular marine bioeconomy that can drive sustainable growth and create new jobs while protecting the environment, according to an expert in the field. Dr. Serean Adams, a marine biologist and sustainability consultant, believes that Aotearoa can become a world leader in this emerging field by harnessing its abundant marine resources and adopting innovative technologies and practices.

A circular marine bioeconomy is based on the principles of circular economy, which seeks to eliminate waste and pollution by keeping materials and resources in use for as long as possible. In the context of the marine environment, this means using renewable resources such as seaweed, shellfish, and fish waste to create new products and services, while minimizing the impact on ecosystems and biodiversity.

One of the key advantages of a circular marine bioeconomy is that it can provide multiple benefits to different sectors of society. For example, seaweed can be used as a source of food, fuel, fertilizer, and pharmaceuticals, while also sequestering carbon and improving water quality. Similarly, shellfish farming can provide nutritious food, improve coastal resilience, and enhance biodiversity by creating artificial reefs.

Moreover, a circular marine bioeconomy can help to address some of the pressing challenges facing New Zealand, such as climate change, ocean acidification, and plastic pollution. By reducing reliance on fossil fuels and single-use plastics, and by promoting sustainable practices such as regenerative aquaculture and bioplastics, Aotearoa can contribute to global efforts to achieve a more sustainable and equitable future.

However, building a circular marine bioeconomy requires a concerted effort from all stakeholders, including government, industry, academia, and civil society. Dr. Adams suggests that a national strategy and action plan should be developed to guide the transition towards a circular marine bioeconomy, with clear targets and indicators for progress.

In addition, partnerships and collaborations should be fostered between different sectors and actors, such as farmers, researchers, investors, and communities. This can help to share knowledge, resources, and best practices, and to build trust and social license for new initiatives.

Finally, innovation and entrepreneurship should be encouraged to drive the development of new products and services that can meet market demand and create value for society. This can involve supporting startups and SMEs, providing access to funding and incubation programs, and promoting international cooperation and trade.

In conclusion, a circular marine bioeconomy offers a promising pathway for sustainable growth and development in Aotearoa. By leveraging its unique marine resources and adopting innovative practices and technologies, New Zealand can become a leader in this emerging field, while also contributing to global efforts to achieve a more sustainable and resilient future.