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Home Aquaculture

Challenges and opportunities in the algae sector

Davide Ciravolo by Davide Ciravolo
October 18, 2023
in Aquaculture, Environment, Innovation, News
Reading Time: 2 mins read
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Challenges and opportunities in the algae sector

Challenges and opportunities in the algae sector

Challenges and opportunities in the algae sector – In the algae landscape, producers do not only face financial issues; rather, the real challenge lies in access to these resources. Kestutis Sadauskas, Deputy Director-General of the European Commission’s Directorate-General for Maritime Affairs and Fisheries (DGMare), presented a strategic vision for addressing the challenges and exploiting the opportunities in this sector at the European Algae Awareness Summit on 1 October. Below, he highlights some key levers.

Providing a clear legal and regulatory framework – Sadauskas emphasises the importance of establishing a clear and transparent regulatory framework for the algae sector. This would not only make it easier to access funding, but also to navigate through the complexities of the market.

Investing in research and innovation – A significant part of the strategic vision is dedicated to investing in research and innovation in the algae sector. This could lead to crucial technological developments that improve production and sustainability.

Stimulating training and education -Another key point concerns training and education. Sadauskas emphasises the importance of programmes that provide specific skills in the field of algae, thus promoting innovation and growth in the sector.

Fostering collaboration between different stakeholders – The strategic vision emphasises the importance of collaboration between different actors in the algae sector. This may include partnerships between producers, academic institutions, governmental organisations and more.

Promoting environmental and social sustainability – A central element of the strategy is a focus on both environmental and social sustainability. This implies agricultural and production practices that minimise the impact on the environment and promote the well-being of the local communities involved.

In conclusion, the strategic vision presented by Kestutis Sadauskas offers a comprehensive framework to address the challenges and exploit the opportunities in the algae sector. Implementing these key levers could lead to significant and sustainable growth for producers.

Challenges and opportunities in the algae sector

Tags: algaeaquacultureblue economyblue transformationEuropean Commission's Directorate-General for Maritime Affairs and FisheriesGeneral Fisheries Commission for the MediterraneanUE
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Davide Ciravolo

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