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Home Economy

The India-Norway Task Force on Blue Economy for Sustainable Development

February 26, 2020
in Economy, Law & Policy
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Source: PIB & World Bank Group

India’s Minister for Earth Sciences and Norway’s Minister for Climate and Environment opened the India-Norway Task Force on Blue Economy for Sustainable Development in February 2020. The two countries also commenced a new collaboration on Integrated Ocean Management & Research.

 What is the Blue Economy? 

Key highlights  of the task force

  • As a part of the Joint Initiatives, several projects on combating Marine Litter are already being implemented. 
  • The two Governments signed a Letter of Intent confirming that they will develop a new framework for collaboration on Integrated Ocean Management and Research.
  • The India-Norway Task Force on Blue Economy for Sustainable Development was launched jointly by the Indian Prime Minister Mr. Narendra Modi, and the Norwegian Prime Minister Ms. Erna Solberg, during her visit to India in January 2019. 
  • The purpose of the task force is to develop and follow up joint initiatives between the two countries

Significance 

The strength and value-added of the India-Norway Joint Task Force on Blue Economy is its ability to mobilize relevant stakeholders from both Norway and India at the highest level and ensure continued commitment and progress across ministries and agencies.  

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Tags: Prelims

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