Realizing the Blue Economy Potential in Albania
The objective of this study is to fill the knowledge gaps to help advance Albania's vision of the Blue Economy, in the context of the country's aim of joining the EU. The two most important sectors with this regard are fisheries and touri...
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| Language: | English |
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World Bank, Washington, DC
2020
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| Online Access: | http://documents.worldbank.org/curated/en/266731606798792190/Realizing-the-Blue-Economy-Potential-in-Albania http://hdl.handle.net/10986/34892 |
| Summary: | The objective of this study is to fill
the knowledge gaps to help advance Albania's vision of
the Blue Economy, in the context of the country's aim
of joining the EU. The two most important sectors with this
regard are fisheries and tourism. Both industries are well
established and offer the highest potential return on
investment when it comes to the Blue Economy and have
socio-economic and cultural significance for the coastal
communities. The study further extends to cover the
challenges of marine plastic pollution and examine possible
solutions. For the purpose of cross-sectoral planning and
investment coordination, the Blue Economy Development
Framework (BEDF) is introduced as a distinct theme. The
analysis concludes with a menu of options to develop the
marine based economic activities and ultimately accelerate
the country's transition towards the Blue Economy. The
study reflects Albania's specific circumstances and the
opportunities arising from integrated economic development
of maritime sectors, including branding a 'Blue
Albania' vision that could serve as a blueprint for
future innovations in these sectors. Policy and decision
makers from multiple institutions representing the GoA, as
well as development partners and organizations such as the
European Commission, have been consulted in the course of
the study preparation. |
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