BALANCING ECONOMIC, ENVIRONMENTAL, AND SOCIAL SUSTAINABILITY IN THE EUROPEAN AQUACULTURE INDUSTRY

Research project
AQUABALANCE is an international research project co-funded under the Horizon Europe Sustainable Blue Economy Partnership. It will explore strategies and best practices for balancing economic, environmental, and social sustainability and provide the aquaculture industry and stakeholders with new knowledge and evidence-based recommendations boosting the sustainability and viability of the sector.
AQUABALANCE will provide pan-European and regional industry and policy advice and a policy roadmap that has a transnational perspective and also can be adapted to the regional specificities. These recommendations will serve as a background for a more sustainable growth of the aquaculture industry, contributing to achieving the goals of the EU Farm to Fork strategy.
Methods & theories
Based on a mix of qualitative and quantitative methods, it will create new knowledge about how the European aquaculture industry can develop onwards in ways that are not environmentally harmful, and contribute to value creation locally, nationally, and internationally.
By combining several theoretical perspectives (economic geography, socio-technical transition studies, and literature on sustainable business models), the project will provide valuable research-based insight and action points on an efficient and smart industry policy in order to successfully cope with the societal challenges of promoting economically robust, environmentally friendly, and socially inclusive industrial activities.

