Coastal Conservation: India's New Wave of Blue Economy Initiative
The World Bank's SHORE project, an initiative under its USD 850 million programme, aims to bolster coastal communities in India by conserving ecosystems, reducing plastic pollution, and creating employment for 1 lakh people. The project targets enhancing skills and leveraging private sector involvement to support livelihoods and eco-tourism.
- Country:
- India
The World Bank has embarked on a substantial initiative, approving a project under its USD 850 million programme aimed at strengthening India's coastal resilience. Dubbed the SHORE project, it exclusively targets ecosystems and community livelihoods in Tamil Nadu and Karnataka.
India's extensive 11,000 km coastline, home to around 250 million people, plays a critical economic role. However, with one-third vulnerable to erosion and risks from pollution, there is a pressing need for intervention. The SHORE project addresses this by emphasizing ecosystem conservation and sustainable employment opportunities.
In a bid to propel the blue economy outlined in India's Vision 2030, the project seeks private sector participation to mitigate environmental threats. It aims to train 70,000 people, focusing on sectors like sustainable tourism, fostering eco-friendly development while supporting vulnerable communities.
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