Seaweed is turning into a billion-euro industry also in Europe, but potentials for an inclusive sustainable transition are marginalised

2024 01 18


IMG 1877

Interest in the seaweed industry is growing rapidly across Europe, and seaweed farming is viewed as a forerunner of a sustainability transition with widespread local benefits. However, a new study from the University of Eastern Finland questions if the industry is able to deliver on its promises of an inclusive transition. Conducted in Norway, the study found a mismatch between the seaweed farming industry’s projected development pathways and the possibilities for an inclusive participation of coastal communities in this novel economy.

Sustainability scholars have been calling for a sustainability transition that focuses more on local value chains, small-scale approaches and new ways of production and consumption. The study explored how these demands are met by the Norwegian seaweed sector’s current development and how it is aligned with the hopes and publicly portrayed policy aims. 

Entrepreneur and stakeholder opinions on future developments and current practices and challenges in seaweed farming were investigated. In particular, the study compared how biophysical and sectoral challenges of seaweed farming and its markets are planned to be solved for future development.

Sustainable financing and investments are a central part of Norway’s seaweed sector and policy aims. The study suggests that currently, regional and local benefits through sectoral growth are based on a trickle-down belief yet are likely to be distributed unevenly. Therefore, in terms of regional policy and locally inclusive development, the role of the seaweed sector, its policy framework and investment instruments should be more diverse to enable also alternative development pathways that supplement the current techno-innovative solutions with social, innovative approaches. 

Examples of measures supporting local development include decentralised seaweed processing plants as well as local value chains based on agro-ecological methods as a valid addition to the centralised biorefineries and other high-tech processing plants often with an export focus. The creation of local markets should be a key focus and politically rewarded approach as it best allows to transform local (food) culture to seaweed use but also support a socially supported sustainable transformation.

“Although the study was conducted in Norway, its findings also have implications on EU policy and the potential of its political framework to enable a just transition.”

The study involved in-depth interviews with seaweed entrepreneurs, experts and institutional actors related to seaweed farming in 2019–2022, as well as an in-depth analysis of policy documents and other publicly available material, such as news reports and statistical data. The paper, available in open access, is part of a special issue by members of the Green Economies Network on Sustainable Finances and Investment.

Source, University of Eastern Finland.

 

The magazine SEA has been published since 1935
International business magazine JŪRA MOPE SEA has been published since 1999
The first magazine in Eurasia in the four languages: English, Chinese, Russian and Lithuanian


Address:

International business magazine JŪRA MOPE SEA
Minijos str. 93, LT-93234 Klaipeda, Lithuania
Phone/Fax: +370 46 365753
E-mail: news@jura.lt
www.jura.lt

 


Publisher:

Ltd. Juru informacijos centras


The magazine JŪRA has been published since 1935.
International business magazine JŪRA MOPE SEA has been
published since 1999.

ISSN 1392-7825

2017 © www.jura.lt