In a recent study published in “Energies,” a team led by Zbysław Dobrowolski from the Institute of Economics and Finance at the University of Zielona Góra, Poland, delved into the environmental sustainability of the BRICS nations—Brazil, Russia, India, China, and South Africa. These countries, which together account for a staggering 43.2% of global greenhouse gas emissions, are pivotal in the world’s push towards environmental sustainability. And, as major maritime traders, their activities have significant implications for the maritime sector.
The research, spanning from 1990 to 2022, dug deep into how energy intensity, innovation, blue economy activities, and renewable energy usage impact environmental sustainability. The findings were clear: adopting renewable energy and boosting innovation significantly lower greenhouse gas emissions across these economies. This is a game-changer for the maritime sector, which has long been grappling with its carbon footprint. As Dobrowolski points out, “Countries that have been able to integrate ESG principles into governance frameworks have, in one way or another, managed to use energy and technology for sustainability.”
The study also shed light on the blue economy, a term that refers to sustainable ocean-based economic activities. While the blue economy has the potential for economic growth and sustainability, the research found that current practices often contribute to environmental degradation. Overfishing, marine pollution, and unsustainable ocean trade practices are major culprits. This is a wake-up call for the maritime industry, highlighting the need for more stringent regulations and sustainable practices.
The findings also underscore the importance of international cooperation. The BRICS nations should consider establishing a collaborative renewable energy network, sharing best practices, technologies, and innovations. This could involve common R&D programs and joint research centers focused on developing clean energy technologies. As Dobrowolski suggests, “They should also establish joint research and innovation centers on renewable energy, financed by BRICS, for stimulating cooperation on actually developing clean energy technologies.”
For the maritime sector, this presents a significant opportunity. By investing in advanced technologies and real-time data tracking systems, such as satellite monitoring and AI-based systems, the BRICS countries can enforce regulations and detect illegal, unreported, and unregulated (IUU) fishing. This not only helps in preserving marine ecosystems but also ensures the sustainability of fish populations for the long term.
The study also recommends strengthening regional cooperation among the BRICS countries to address trans-boundary issues related to ocean trade, pollution, and the overexploitation of marine resources. This could lead to a more coordinated approach to maritime governance, benefiting the industry as a whole.
In essence, the research provides a roadmap for the BRICS nations to enhance environmental sustainability while fostering economic growth. For the maritime sector, it underscores the need for a shift towards sustainable practices and highlights the opportunities that lie in international cooperation and technological innovation. The study, published in ‘Energies’, serves as a reminder that the path to sustainability is not just about reducing emissions but also about fostering a more responsible and cooperative approach to maritime activities.
