industry innovation: securing africa’s blue economy future...industry innovation: securing...
TRANSCRIPT
The Fourth Industrial Revolution and Prospects for Maritime Industry Innovation: Securing Africa’s Blue Economy Future
Through Maritime Education.
Fourth Industrial Revolution Summit for Economic Development25 March 2019
Jack Dyer Founder of Blue Economy Future Corporation
https//www.blueeconomyfuture.org.za; [email protected]
DEFINING THE FOURTH INDUSTRIAL REVOLUTION
WEBSITE DIAGNOSTICS
FUTURE OF GLOBAL/AFRICAN BUSINESS
FUTURE OF GLOBAL/AFRICAN LOGISTICS
FUTURE OF GLOBAL/AFRICAN LOGISTICS
0 100 200 300 400 500 600 700
Anctartica Science
Aquaculture, Fisheries
Aquatic Security#, Conservation#…
Astronomy and Space/Space…
Cabotage/Registration#
Climate –Climate Change
Cruise, Marine# and Ecotourism
Human Factors –maritime …
International Trade, Logistics,…
Marine…
Marine Contact#
Maritime Archaeology#
Maritime Art,# Cuisine#, Culture#,…
Maritime Communications#
Maritime Economics/Port…
Maritime Education#,
Maritime Engineering
Maritime Finance#
Maritime Geography
Maritime Hazards, Risks and…
Exisiting Maritime Student Supply Capacity A: South Africa
Minimum Student Capacity
Maximum Existing Student Capacity
MARITIME EDUCATION
0 100 200 300 400 500 600
Maritime Law and Diplomacy
Maritime Law…
Maritime Security#, Cybersecurity, IT
Maritime Philosophies#
Maritime Psychology
Maritime Technology#
Maritime Warfare
Naval Architecture, Shipbuilding,…
Nautical/Ocean Engineering –Ocean …
Navy/Merchant Navy
Oceanography, Ocean physics,…
Ocean Popular Understanding and…
Uncertainty and Maritime Futures#
Seafaring -Pilots, Tugboat Operators,…
Submarines#
Surveying
Underwater photography, Diving,
Watersports –Maritime Sports …
Yachting/Recreational Boating
Existing Maritime Student Supply Capacity B South Africa
Maximum Existing Student Capacity 02
Minimum Existing Student Capacity 0
0
500
1000
1500
2000
2500
3000
3500
4000
Nation
African Maritime Student Market Demand
Kenya Nigeria South Africa (places) African Students WMU capacity Total Egypt
EXAMPLES OF INNOVATIVE TECHNOLOGY
EXAMPLES OF INNOVATIVE TECHNOLOGY
FACTORS INDICATING BUSINESS SUCCESS AND FAILURE
• Factors of Failure Clarifying Stakeholder Reluctance to Prioritise Action
• Access to capital/finance –or awareness of options.• Asymmetrical information/Lack of concern.• Lack of incentive/legal uncertainty.• No investment/information criteria.• Other priorities –finance, risks, business operations.• Perceived relevance.• Risk ambiguity.• Scepticism.• Timing.• Uncertain short run profitability and benefits.• Uncertainty over cost effective, sustainable
adaptation responses.• Unknown inaction, maladaptation and opportunity
costs.
• Factors Affecting Stakeholder Successful Survival/Recovery
• Adaptation.• Adapting to opportunity not business as usual
recovery.• Competitors versus collaboration –impact costs of
competitors versus own.• Ecosystem protection.• Extent of aid/reserves/support/flexibility.• Extent of organisational loss, reputation, relocation
costs.• Extent to which businesses/stakeholders have
experience, overcome past-existing impacts.• Event specific impacts/location.
• PROACTIVE RISK EXPECTATIONS THEORY
• IT LITERACY
GLOBAL CLIMATE IDEAS AND 4TH INDUSTRIAL REVOLUTION
• BLUE CARBON• Restoration Insurance Service Company (RISCO) for
Coastal Risk Reductionrestores and conserves mangrove habitats in vulnerable coastal areas, in contract with coastal asset owners. Led by Conservation International.
• SUSTAINABLE AGRICULTURE• Blockchain Climate Risk Crop Insurance is an
automated weather-indexed crop insurance infrastructure that helps smallholder farmers in sub-Saharan Africa increase resilience to the impacts of climate change, via insurance that is transparent, affordable, and pays out quickly. Led by Sprout Insure.
• The West African Initiative for Climate Smart Agriculture promotes climate-smart agriculture and resilient food supply chains across 15 countries in West Africa, through grants for technical assistance and subsidized-rate loans or guarantees for smallholder farmers. Led by the ECOWAS Commission.
• SUSTAINABLE CITIES• Cooling as a Service aims to decrease energy
consumption and potent greenhouse HFC gas emissions from cooling systems in cities around the world, by increasing competitiveness of state-of-the-art cooling technologies. Led by Basel Agency for Sustainable Energy (BASE) and Kigali Cooling Efficiency Programme (K-CEP).
• The Breathe Better Bond aims to drive finance at scale to emerging market local governments for investing in projects that will reduce urban air pollution, improving health and economic outcomes while mitigating greenhouse gas emissions. Led by IFC.
• ENERGY ACCESS• Solar Securitization for Rwanda aims to support
Rwanda’s national goal of 100% energy access by 2024 via solar asset-backed securities, the first of their kind for Rwanda. Led by the Development Bank of Rwanda.
ARE YOU PREPARED?/RECOMMENDATIONS
• Ecosystem?
• Infrastructure?
• Resources/Products?
• Assets/Equipment?
• Human/Psychology?
• Financial Reserves?
• Information?
• Communication?
• Other Stakeholders?
Figure 6.1: Risk Event Disruption, Impact Cost Phases for a Pacific MSC
Temporary
Phases - - - - Mitigation- - - - Prediction/Anticipation- - - - - Disruption- - - - -
Opportunity - - - - - - Adaptation- - - - - - Recovery - - - - - - Evacuation/Relocation- - - - Permanent
Any questions???
Feel free to contact me on
https//www.blueeconomyfuture.org.za;