Blue Economy, Food Security, and Food Sustainability

Blue Economy, Food Security, and Food Sustainability

Olawale Paul Olatidoye
DOI: 10.4018/978-1-6684-3393-5.ch003
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Abstract

Blue economy refers to the economic activities geared towards advanced sustainable management and conservation of maritime resources and coastal resources and sustainable development in order to foster economic growth. The challenges of meeting the food demand of the world's rising populations require sustainable food supply chains anchored on coastal communities and sustainable food production. Moreover, marine resources are vital to ensuring food security, accounting for two-thirds of the world's fishery production, 80% of the world's aquaculture production, and per capita supply of fish is 65% higher than the world average. As the world population grows, the volume of food needed in the future will depend on these intrinsic factors and human choices. The chapter explores the current status of sea resources and proposed some ways forward based on existing opportunities and challenges using secondary data to accelerate the sustainable use of the sea resources and analyzes some of the human actions that may affect the sustainable future of the food supply chain, food waste.
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Introduction

The issue of food security has been a major field of activity for long because several Nations of the world are food insecure as the agricultural system is backward, and worsened by high global food prices especially in Africa. Food now accounts for large share of family budgets for rural poor and urban families. Food and Agricultural Organization (FAO) in several forums have said that several countries may face imminent food crisis as the world food situation was in difficult situation or position. It is a known fact that food remains the most important due to its centrality to human existence; hence ruthless expenditure on food has reshaped human history leading to wars, migration of people and slowing down the growth of nations. The recent deliberate or premeditated increase in prices of food leading to increase in violence has necessitated a call for sober reflection. This major field of activity including unrest and political instability has taken central stage among world leaders thereby the concern increasing for the ability of Nations of the world to feed its over 6.5 billion people (FAO, 2007).

Consequently, various groups and individual Nation of the world have resulted to combative food security campaign to correct or redress the difficult or unpleasant set of circumstances in order to provide food at affordable prices to all. About 750 million people were reported to be food insecure in about 70 countries with low income while Asia Nations were reported to undergo a 30% drop in the number of hungry in Food security survey carried out in 2005 but the South and Central America with the Caribbean had a slightly varied report. The current challenge today is the high food prices which may eventually bring about increase in food security and widespread food crisis in many Nations of the world. This global food crisis is brought about by factors such as climate change, population explosion, increased demand for bio-fuels, low crop yield, increase in oil prices which bring about producers and traders loss.

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