Group 10_B | SDG 14: Life Below Water

 

The Goal

The global ecosystem is majorly driven by the oceans on the Earth. Their biodiversity, temperature, fossils, and currents help in striking a balance between ecosystems of the world.

SDG 14 [1], Life Below Water, aims to conserve the oceans and use the marine resources for sustainable development.

Oceans cover more than 70% of the Earth’s surface, and they absorb around 30% of the world’s carbon dioxide. Due to extreme exploitation, 40% of the ocean is heavily polluted.

Human intervention is now necessary to preserve the oceanic habitat. And as the saying goes – ‘Every drop in the ocean counts’; each human can make an impact. Following are some of the targets that have been set up under this goal:

Source: https://www.globalgoals.org/14-life-below-water


Stakeholders

Mentioned below are some of the stakeholders that affect or get directly affected by the health of the oceans and marine resources:

1.      Fishermen and local authorities

More than 3 billion people depend on marine resources and biodiversity all around the world. Since the industrial revolution, extreme acidification of the oceans has taken place. Fish reserves have been exploited. For the fishermen to sustain themselves, exploitation needs to stop.

Local authorities can intervene in order to preserve the water bodies in the nearby areas.

2.      Non-Governmental organizations

NGOs leave an impact on the citizens. Recently, many NGOs[2] have taken up the task of cleaning the beaches in Mumbai and other places so that the release of plastic can be controlled into the ocean.

3.      Business and Industry

Further into the blog, you will be reading about the business implications of disturbing the marine environment. Here, a brief about it can be stated. Quite a large part of the business is carried through the waterways. A lot of trade and business depends upon marine resources. But everything in excess is bad. Hence, overexploitation will eventually lead to more damage than business profits and growth.

4.      Scientific and technological community

The ocean is a treasure in itself! The amount of minerals, pearls, metals, precious stones, and biodiversity that the ocean holds within cannot be comprehended. Extracts from the marine flora and fauna are used in various research and scientific experiments. Hence, they also stand as the potential stakeholders in this case.

Electronic and nuclear waste has found a disposable ground in the oceans. Space stations use water bodies for the safe landing of their satellites. Hydro energy has been recognized as one of the renewable sources of energy. In short, a lot of scientific activities rely on the seas and oceans of the world.

This community can act in a lot of different ways to preserve the life below water.

5.      Indigenous people

The livelihood of the indigenous people depends immensely upon the marine resources available. They rely on water bodies for food, water, and energy. A slight disturbance or imbalance in the aquatic ecosystem can create a massive impact on the health and hence, the lives of the indigenous people.

There have been instances when the tribal or indigenous people have attacked the people coming from the city because they foresaw danger to their environment.

6.      Children and youth

Schools and other educational institutions can promote the importance of SDGs and how it is essential to work towards the fulfilment of these goals. This will ensure a better future for these generations.

 

Business Implications

Businesses have long been known for being one of the most significant influencers on the Earth and the environment. It is no different when it comes to oceans and life below water. The idea that businesses must contribute to protecting marine life and oceans stems from a term called the ‘Ocean Economy’ defined by the OECD as the sum of the economic activities of ocean-based industries, together with the assets, goods, and services provided by marine ecosystems[3]. Sea routes account for almost 90% of world trade, and with a figure like that, it cannot be denied that businesses have a significant role in protecting oceans.

As per the OECD definition, the ocean economy is a sum of two broad parts[4]– ocean-based industries and marine ecosystems, and the interdependency of these two parts is too grave to be ignored. According to a report by EcoWatch[5], the ‘Ocean 100’, a set of 100 companies, takes home 60% of the Ocean economy's revenues. About 10 of these companies account for a whopping 45% of such revenue. It is hardly surprising that 20 of these companies are also responsible for the most amount of acidification, and these companies include some of the biggest names like Exxon Mobil, BP, Shell, Chevron, and Saudi Aramco[6]. Naturally, such acidification flows back to marine ecosystems, including plankton, algae, shellfish, and coral – some organisms form the foundation of such ecosystems. All these companies belong to one industry -oil drilling and fossil fuel production, which is, of course, the cause of climate change.

Source: https://www.sciencealert.com/these-20-companies-are-most-responsible-for-acidifying-our-oceans-new-study-shows


Another large contributor to the degradation of oceans and marine life is the fishing industry. Close to 120 million people[7] depend on fishing as a source of livelihood, and fish acts as a protein source for almost 3 billion people [8] cross the world. The fishing industry poses one of the gravest threats to ocean life – overfishing. While large corporations reap profits from such activity, smaller-scale businesses are left to wonder about their future. While overfishing does the obvious, which is reduce the marine population, it also leads to bycatch, which is the unintended capture of species other than the one being fished for, and ghost fishing. Dolphins, turtles, and seabirds are the most common victims. While the most common reasons for overfishing are illegal fishing and subsidies (which contribute to environmental damage), bycatch happens because of non-selective fishing gear [9]. Another unexpected impact of overfishing is jellyfish blooms in Japan. Also called the Nomura Jellyfish Bloom, there were almost 20 billion jellyfish in the Sea of Japan, which eventually led to 30 billion Yen fishing losses [10]. The numbers have increased exponentially primarily because of global warming and deteriorating coastal water quality.

Approximately 4 million fishing vessels [11] sail the ocean today. Unless there are binding agreements with companies, stricter regulation, and a commitment to saving marine ecosystems, further damage is inevitable.

A last business that we intend to talk about is the shipping industry. While at first, it may seem harmless, shipping vessels contribute to climate change through emissions of black carbon [12]. In fact, it is estimated that if this growth rate continues, the shipping industry will be responsible for 10% of global GHG emissions by 2050. Despite recommendations of several international bodies on more fuel-efficient ships, there has hardly been any discernible change, and no breakthroughs or incentives have been made in this direction. The only solution, slow steaming, is not a very largely accepted one.

Steps Taken

The alarming decline in marine population and the negative impact caused by human activity went unnoticed for a considerable period of time. However, from the 1970s, known as the period of the “Marine revolution,” the world has started to take notice. In the recent past, governments, private organizations, and conservationists have come together in a bid to protect life underwater. Though the journey of marine life conservation is far from over, the following steps have ensured that we are sailing in the right direction:

1.      Setting up of Marine Protected Areas (MPAs): MPAs are protected water bodies that restrict human activity intending to conserve marine life and resources. As a principle, they are protected and regulated by local government bodies. In some cases, they even provide revenues that offset the loss incurred due to restrictions on fishing. An example of such a model would be the Phoenix Islands Protected Area, which has been declared a UNESCO World Heritage Site. Currently, there are more than 13,650 MPAs, comprising [13] 2.07% of the world’s oceans.

2.      Sustainable Fisheries: Sustainable fisheries combine theoretical concepts like fisheries and marine biology dynamics with practical techniques like individual fishing quotas and developing independent certification programs. For example, The Mediterranean Shipping Company has come up with the blue fish label, which can only be put on products that are certified to the [14] MSC standard, a scientific measure of sustainable fishing. Such efforts ensure a win-win situation where fishing continues sustainably, without causing any harm to the ecosystem. Still, almost 32% of the world’s fisheries are overexploited depleted, or recovering, which threatens the economy, health, and livelihoods of communities worldwide.

3.      Sustainable Tourism: Coral Reefs are an integral part of the marine ecosystem and are vastly affected by unsustainable tourism practices. The concept of sustainable tourism has taken place, which involves educating tourists about environmentally friendly practices. For example, Scuba diving techniques have been developed not to disrupt the ecosystem of the surrounding area.

4.       Technology-Driven Conservation Practices: A vast array of innovative technologies have been developed. Examples of such technology are ARU (Autonomous Recording Unit), PSATs (Pop-up Satellite Archival Tag), and RFID (Radio-frequency identification). Technologies like Blockchain, IoT, and Big Data have also been incorporated to improve commercial viability. These devices help track and collect data for a wide number of species to understand their migratory patterns, feeding movements, daily habits, and their fate at large. This data is then used to develop sustainable practices. In addition to this, halfway technologies, like fish ladders and hatcheries, address some of the symptoms of overfishing.

5.      Laws and Treaties: Several domestic and international laws have been passed to ensure the conservation of life underwater. For example, the United Nations has introduced the vulnerable marine ecosystem concept for deep-sea fisheries beyond national jurisdiction areas. Marine conservation has also been added in its framework of Sustainability Development Goals. (SDG 14)

SDG 14 [15] : SDG 14 is an ambitious project by the UN where countries from all over the world have come together to commit to the truly global responsibility of protecting our oceans and the lives that depend on them. Some targets include reducing significant amounts of marine pollution by 2025 and increasing the economic benefits from the sustainable use of marine resources [16] to small island developing states by 2030, including techniques like sustainable management of fisheries, aquaculture, and tourism.

Homo Sapiens have left trails of destruction in every ecosystem we have set foot on for the last 70,000 years. Now, our callous and selfish actions have driven the entire marine ecosystem to the brink of extinction. The industrial revolution has permanently changed our world’s water bodies. It is time for us to take responsibility, undo some of the damages we have done in our lifetime and take pro-active steps to ensure marine ecosystems' survival and, on a larger scale, life on Earth.

 

SDG 14 and Other Goals

No sustainability goal exists in isolation. SDG 14 is closely tied to the goals of Climate Action, Small Island Developing States, Sustainable Tourism, Responsible Consumption and Production and almost every other goal because of the centrality of oceans and marine ecosystems in our continued existence. And while we recommend steps for this particular goal, the fact that other goals have an encompassing impact on this goal cannot be ignored.

 

Sustainability Initiatives related to SDGs by our respective SIP companies:

ITC [17]: While ITC’s business is not related to the SDG 14, it has been carbon positive for 15 years. It has 30 green buildings, and all of the super-premium luxury hotels have received LEED Platinum ratings. At the same time, it runs an Afforestation Programme and several Watershed Management and Water Recycling Programmes.

Amazon [18]: Amazon has invested heavily in circular economy operations. It also has wind farms and is one of the largest companies to source energy through renewable sources. It also has a climate pledge according to which it aims to be net carbon neutral by 2040, and this pledge has become quite popular in the US. One of the most essential investments it is making is in a sustainable supply chain.

Accenture Strategy [19]: The company aims to achieve net-zero emissions by 2025 and become zero-waste as well. They also intend to focus on reducing the risk of damage from water bodies like floods. Lastly, they have a business vertical dedicated to companies looking to make their businesses environmentally sustainable.

P&G [20]: The company released a set of goals in 2018 called Ambition 2030 to create value for all stakeholders and be environmentally sustainable. The goals encompass the areas of brands, supply chain, employees, and society. The common thread that runs through all is the reduction of emissions and waste.

Walmart[21]: The company aims to achieve zero emissions in its operations by 2040 and create zero waste in key markets by 2025. They also have a Project Gigaton wherein they work with their suppliers to avoid a gigaton of greenhouse gas emissions from the global value chain by 2030.

 

References

[1] https://www.undp.org/content/undp/en/home/sustainable-development-goals/goal-14-life-below-water.html

[2] https://timesofindia.indiatimes.com/city/mumbai/mumbai-thousands-join-clean-versova-beach-on-international-coastal-cleanup-day/articleshow/71235946.cms

[3] http://www.oecd.org/ocean/topics/ocean-economy/#:~:text=The%20ocean%20economy%20is%20defined,services%20provided%20by%20marine%20ecosystems.

[4] https://read.oecd-ilibrary.org/economics/the-ocean-economy-in-2030_9789264251724-en#page24

[5] https://www.ecowatch.com/companies-dominating-ocean-economy-2649942383.html?rebelltitem=1#rebelltitem1

[6] https://www.sciencealert.com/these-20-companies-are-most-responsible-for-acidifying-our-oceans-new-study-shows

[7] http://www.fao.org/3/x0262e/x0262e09.htm

[8] https://www.worldwildlife.org/industries/sustainable-seafood#:~:text=3%20billion,to%20billions%20of%20people%20worldwide.

[9] https://www.worldwildlife.org/threats/bycatch

[10]https://e360.yale.edu/features/massive_outbreak_of_jellyfish_could_spell_trouble_for_fisheries#:~:text=Since%202002%2C%20the%20population%20has,jellyfish%20become%20a%20recurring%20nightmare%3F

[11] https://www.worldwildlife.org/threats/overfishing

[12] https://www.transportenvironment.org/what-we-do/shipping-and-environment/shipping-and-climatechange#:~:text=Shipping%20also%20contributes%20to%20climate,by%20combustion%20of%20marine%20fuel.&text=Black%20carbon%20accounts%20for%2021,climate%20impacts%20after%20carbon%20dioxide.

[13] https://en.wikipedia.org/wiki/Marine_conservation

[14] https://www.msc.org/what-we-are-doing/our-approach/what-is-sustainable-fishing

[15] https://in.one.un.org/page/sustainable-development-goals/sdg-14/

[16] https://marinebio.org/conservation/sustainable-fisheries/

[17] https://www.itcportal.com/sustainability/sustainablity-initiatives.aspx

[18] https://www.aboutamazon.com/planet

[19] https://www.accenture.com/in-en/services/sustainability-index

[20] https://in.pg.com/environmental-sustainability/#:~:text=P%26G%20sustainability%20goals%20for%202030,and%20you%20as%20a%20consumer

[21] https://corporate.walmart.com/global-responsibility/sustainability/#:~:text=Among%20our%20progress%20in%202019,Climate%20in%202019%20and%202020


Comments

Popular posts from this blog

SDG 5: Gender Equality

Group 7_A | SDG 12: Responsible Consumption and Production

SDG - Combat On Climate Change