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The Ocean Economy – economic value vs environmental impact
November 27, 2015 @ 8:00 am - 10:00 pm
With a coastline of 2,798 km, South Africa’s oceans provide significant economic opportunity. This was identified in the announcement of Operation Phakisa in 2014 which states that the ocean has the potential of contributing up to R177 billion to GDP by 2033 compared to R54 billion in 2010. Operation Phakisa focuses on Aquaculture, Oil and Gas/ Mining, Marine Protection and Governance, and Marine Transport, though also included in the ocean economy is the fishing industry and tourism.
While the ocean provides economic opportunity, there are a number of competing sectors and legislation with potential impact on the environment. It has been identified that a consolidated policy on ocean governance is essential as the fishing industry falls under the Marine Resources Act, whilst Oil & Gas and Mining form part of the Minerals and Petroleum Resources Development Act, and the oceans are protected by the Protected Areas Act.
Join us as we discuss the ocean economy with John Duncan, Senior Manager of WWF-SA’s Marine Programme, Jonty Jankovich-Besan, Chairman of the Responsible Fisheries Alliance and Marius Diemont, Partner at Webber Wentzel.
- Jonty Jankovich-Besan is a qualified chartered accountant, MD of I&J and Chairman of the Responsible Fisheries Alliance. Jonty spent thirteen years in the UK, gaining professional and leadership experience in a number of organisations, including British Airways, T-Mobile and Cable and Wireless. In 2008, Jonty returned to South Africa where as CFO of Supergroup, he led their recapitalisation before joining AVI at Irvin and Johnson as the finance director. Jonty was appointed managing director in June 2013.
- Marius Diemont is a lawyer at Webber Wentzel practising in natural resources, mining and environmental law with a special interest in fisheries law. Before joining Webber Wentzel, Marius was the Special Legal Advisor to the Minister of Environmental Affairs and Tourism and Head of the Ministry. He has advised on a wide variety of issues including the declaration of marine protected areas, seabed mining and in the fishing and oil and gas sectors. Marius was chairman of the Legal Task Team responsible for the drafting of the Marine Living Resources Act and Regulations, and a member of legal experts invited by the UN to prepare a legal review of Part XIII of the Law of the Sea Convention. Marius is a member of the Process Custodians Group of the Strategic Environmental Assessment on Shale Gas as representative for Business Unity South Africa.
- John Duncan has a MSc in Environmental Science and Policy and is the senior manager of the World Wide Fund for Nature’s (WWF) Marine Programme. In this role, John helped set up the SASSI Retail Participation scheme working with retailers to meet sustainable seafood commitments, and the Responsible Fisheries Alliance (RAF), an alliance made up of WWF, Birdlife and major South African fishing companies. John sits on the steering committee of the RFA and is a member of the Marine Stewardship Council’s Developing World Working Group.