TITLE:
The Sustainable Brazilian Blue Economy: A Blue Powershoring and Blue Watershoring Strategy
AUTHORS:
Raul Gouvea, Margarida Gutierrez
KEYWORDS:
Blue Economy, Blue Powershoring, Blue Watershoring, Green Hydrogen, Brazil, Sustainability
JOURNAL NAME:
Modern Economy,
Vol.14 No.12,
December
29,
2023
ABSTRACT: The Blue Economy offers a new paradigm and a new virtuous cycle of
sustainable economic growth and development. The Blue Economy’s equitable,
inclusive, intergenerational perspective on sustainable growth and development has the potential to grow considerably in the next
decades. Thus, addressing a number of
the Sustainable Development Goals established in the 2030 agenda. This paper addresses the Brazilian
Blue Economy and its economic, social, and environmental potential.
Brazil’s Blue natural capital assets offer Brazil a unique opportunity to
capitalize on its Blue Powershoring and Blue
Watershoring natural competitive advantages. Moreover, Brazil’s Blue Powershoring and Blue Watershoring competitive
advantages position Brazil as a
premier location for the production of Green Hydrogen, which will allow Brazil to enhance its global economic
competitiveness by expanding its exports of green hydrogen and green hydrogen-intensive
products and services.