Riches of the Pacific: Deep Sea Minerals to Green Economy – biodiversity conservation in resource dependant countries

Throughout Oceania, primary industry – mining, logging, agriculture – is a primary foreign exchange earner, and seen as a source of development. From Rio’s “sustainable development” to Rio+20’s “Green Economy”, IUCN Oceania encouraged partners to consider their ecosystems and natural resources. Three areas will be highlighted:
• Innovations from the offshore oil and gas industry have brought Deep Sea Mining (DSM) within reach, while simultaneously widening our knowledge of submarine ecosystems. While Nautilus Minerals Inc is the first company granted DSM leases, having reached EIA stage, many other proposals are in line – come and ask how the precautionary principle applies in the unknown, and how oceans may be harvested to provide new technology.
• Pacific Islands Countries tend towards small populations, high transport costs, “thin” economies, and dependence on natural resources, even subsistence. What does the Green Economy mean for PIC future leaders – come, be inspired, and network with some of the Green Growth Leaders participants as they seek to engage both the private sector and understand ‘green’ in the Pacific.
• Low-carbon business: come and see how renewable energy benefits livelihoods, how energy efficiency saves money, how home loans bring better houses and help utilities improve reliability of commercial electricity supplies.

Geographical scope:

Pacific Island Countries (PICs)
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