Page 591 - Economia Azul - versão: inglês

28

FINANCING ALTERNATIVE FOR THE BRAZI-

LIAN BLUE ECONOMY

Gustavo Inácio de Moraes
Andréa Bento Carvalho

1. Introduction

The problem of offering resources for the This chapter, therefore, aims to discuss
establishment and consolidation of a project potential sources and instruments for fi-
or a set of actions is little noticed in the Bra- nancing Brazilian Blue Economy projects.
zilian social and economic development lit- Our objective is to point out possibilities
erature. Normally, as Brazil is a society with in light of the situation particular to Bra-
many challenges, the diagnoses focus on zilian, but considering the international
action strategies without, in most cases, con- experience and the theory of valuation of
sidering the availability of inputs, especially natural resources.
financial, nor the effort resulting from the Our main problem focuses on answer-
use of those inputs available. In other words, ing what the financing alternatives are in
there is a concern with effectiveness, or the the contemporary context, for actions in the
achievement of objectives, without a consid- Blue Economy.
eration of efficiency, or the evaluation of the To fulfill this general objective, we need
best use of available resources. to consider three specific objectives: to
Furthermore, in many cases not even explore (1) the evolution and financing
the resources, whatever their dimensions, difficulties faced by the Brazilian econo-
are available. As the blue economy has a my; (2) the methods available for a per-
significant potential for resources and ex- manent and adequate supply of resources;
ploration, many projects and economic de- and, finally, (3) what are the possible
velopments in the areas of energy, fishing, instruments and international experi-
mineral extraction, tourism and defense, ence in light of the economic context of
among other areas, are viable and relevant the beginning of the 21st century and the
for exploration to the benefit of Brazilian experiences and theories available.
society. However, little is discussed about As a consequence, this chapter is divided
the firm offer of financial resources: their into 5 parts: in addition to this introduction,
origins, their instruments, and the strategic it is divided into 3 topics, each of them build-
possibilities to guarantee an appropriate ing on one of the specific objectives, leading
return to the project in execution. to final considerations.

588 BLUE ECONOMIY Financing Alternative for the Brazilian Blue Economy 589
Financing Alternative for the Brazilian Blue Economy 589