The Monaco Blue Initiative was launched in 2010 upon the initiative of Prince Albert II of Monaco, and is co-organized by the Prince Albert II of Monaco Foundation and the Oceanographic Institute, Foundation Albert I, Prince of Monaco.
Its members meet annually to discuss the current global challenges of ocean protection and preservation. The Monaco Blue Initiative is now an effective platform for communication and exchange between the different sectors of activity and aims to analyze and put forward the possible synergies between the protection of marine ecosystems and socio-economic development.
The early discussions of the Monaco Blue Initiative focused on large marine species and pointed out the efficiency of Marine Protected Areas as a tool for their preservation. Over the last three editions major players and stakeholders from different professional spheres (economic, political, scientific and environmental) have come together to exchange on both the economic and environmental potential of MPAs.
Following on previous editions, the Monaco Blue Initiative 2013 will assess the current status of large predators, notably bluefin tuna and sharks, and discuss the role of MPAs in their preservation in the light of sustainable management of marine natural resources. This issue will be reviewed in the larger perspective of well-managed fishing and aquaculture, as well as the integration of marine ecosystems preservation and MPAs in the « Blue growth » dynamic.