Blue Finance

Friday, September 30
15:30 - 17:00

The ocean is critical to our global economy. The global ocean economy is estimated to be about $1.5 trillion a year, with more than 80% of global trade transported by sea. The fishing industry directly and indirectly employs 350 million people.

It is estimated that by 2025, 34% of crude oil production will come from marine production, and aquaculture is now the fastest-growing food sector, providing more than half of the seafood widely available to consumers.

Meanwhile, it is estimated that ocean industries and activities, combined, contribute approximately $2.5 trillion annually to the global economy, making it the seventh largest economy in the world.

In addition, the non-market services and benefits provided by the world's oceans are significant and can actually far exceed the value-added of market goods and services.

The discussion session will include the following questions:

  • Development of a colored economy;
  • Blue economy acts as a driver of global sustainable development;
  • Building the blue finance system;
  • The role and objectives of water diplomacy;
  • Water sovereignty of the Russian Federation.


Ilya Razbash

Director of the Information and Analysis Center for the Development of the Water Management Complex, Ministry of Natural Resources and Environment of the Russian Federation


Dominique Berod

Head of the Earth System Monitoring Division, World Meteorological Organization

Elena Dovlatova

Executive Director of the Russian Association of Water Supply and Sewerage, Chairman of the Organizing Committee of the Russian Water Congress

Dmitry Kirillov

Head of the Federal Agency for Water Resources (Rosvodresursy)

Roman Minukhin

Director of the Department of State Policy and Regulation in the Field of Water Resources, Environmental Economics and Federal Property Management of the Ministry of Natural Resources and Environment of the Russian Federation

Kristin Rechberger

CEO, Dynamic Planet

Denis Shulakov

First Vice President, Gazprombank JSC

Alexander Timchenko

CEO, International Association of Lake Regions

* The Programme may be subject to change

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