The Fourth Industrial Revolution and Maritime Industry Innovation in Africa's Blue Economy Future

1. 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 Development 25 March 2019 Jack Dyer Founder of Blue Economy Future Corporation https//www.blueeconomyfuture.org.za; Jack.Dyer@utas.edu.au

2. DEFINING THE FOURTH INDUSTRIAL REVOLUTION

3. WEBSITE DIAGNOSTICS

4. FUTURE OF GLOBAL/AFRICAN BUSINESS

5. FUTURE OF GLOBAL/AFRICAN LOGISTICS

6. FUTURE OF GLOBAL/AFRICAN LOGISTICS

7. MARITIME EDUCATION

8. EXAMPLES OF INNOVATIVE TECHNOLOGY

9. EXAMPLES OF INNOVATIVE TECHNOLOGY

10. 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

11. 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.

12. ARE YOU PREPARED?/RECOMMENDATIONS • Ecosystem? • Infrastructure? • Resources/Products? • Assets/Equipment? • Human/Psychology? • Financial Reserves? • Information? • Communication? • Other Stakeholders?

13. Any questions??? Feel free to contact me on Jack.Dyer@utas.edu.au https//www.blueeconomyfuture.org.za;