BLUE BONDS: Blue Bond Instruments and their Importance in the Indian Context
Ms. Khushie Shah
Former intern at the Maritime Research Center
BLUE BONDS: Blue Bond Instruments and their Importance in the Indian Context
Water is the basic survival unit of our planet and humankind. About 71% of the Earth’s surface is ocean, and billions of people depend on the oceans for their livelihood, health, sanitation, agriculture, food, manufacturing, construction etc. Maritime transport remains an essential part of economies of numerous nations as 80% of global trade, by volume, is carried out via sea. Oceans being a significant wealth generator, estimated at an annual value of $1.5 trillion per year, have given rise to blue economies across the world. The term “Blue Bonds” as enablers of Blue Economy was first introduced by Gunter Pauli in 2010.
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Ms. Khushie Shah
Former intern at the Maritime Research Center
Ms. Khushie is an aspiring chartered accountant with a key interest in macro economic development of India. She interned for the Maritime Research Center from July to December 2021.