Collaboration type: MoU

About ICRE8: The International Centre for Research on the Environment and the Economy (ICRE8) is a non profit, private, research centre dedicated to interdisciplinary research on the Environment, Energy, Economy, Eco-innovations and their electronic versions (hence E8). The overarching goal of ICRE8 is to promote the understanding and implementation of sustainable development, as the only non-self-destructive path of socio-economic development. Central to ICRE8’s mission is the pursuit of excellence in the conducting and presenting research, and a commitment to exploring relevant environmental, natural resources and energy, issues for a variety of circumstances and stakeholders and across different temporal and spatial scales. Research tools include financial analysis, socio-economic modelling (mathematical and econometric), environmental valuation, political and institutional analysis, integrated environmental-economic modelling, life cycle analysis, risk analysis, geographical information systems, multi-stakeholder mediations techniques, game theory, information technology decision making tool development.

Short description of the collaboration & main achievements in the period: BlueBRIDGE and ICRE8 worked together in bringing social / environmental impacts into consideration when analysing aquaculture operation performance. The joint work acted on conceptualizing the monetization of social / environmental impacts of aquaculture and combining this with the specific techno-economic and production models generated in BlueBRIDGE, considering data and computational resources in reach. The result of this collaboration was presented in various circumstances such as dedicated workshops as well as international conferences.

Plans for the future: Since the social/environmental impacts are important and proved crucial for an efficient aquafarm production, both ICRE8 and the BlueBRIDGE partners based in Greece will continue the collaborations focusing the future efforts on establishing links with domain experts (i.e. small and medium size aquafarming productions) to specify the most relevant socio-economic factors for the Mediterranean area.