Abstract

The concept of the Blue Economy (BE) emerged during the Rio+20 summit proposed by several coastal countries. It aims to improve human well-being and social equity while reducing environmental risks and ecological damage. The objective of this chapter is to present the importance of the blue economy in the Pacific Rim and APEC, as well as its contribution to sustainability and climate action. To meet the objective, first, the concept of the blue economy and its relevance in the Pacific Rim are explained. Sections two and three present some BE policies and actions of Japan and Mexico, which contribute to climate action, biodiversity conservation, and coastal communities' well-being. To develop the sections, the systematic search methodology was applied to several academic and institutional websites. The conclusions highlight the importance of the blue economy in Japan and Mexico recognizing the contribution of the oceans to address the impacts of climate change, especially through blue carbon initiatives, and promoting sustainable and inclusive development in the Pacific Rim. Finally, some areas to enhance BE performance are suggested.