Ambassador Thorir Ibsen delivered a keynote speech at the 2024 Global Ocean Development Forum held in Qingdao, emphasizing the critical role of sustainability in fostering a successful Blue Economy. Drawing from Iceland's rich experience in managing its marine resources, he highlighted how innovative practices, and responsible policies can lead to economic growth while preserving ocean ecosystems. In his address, Ambassador Ibsen underscored the importance of collaboration, particularly noting China's role in global ocean protection.