Space Economy: Innovation & Socioeconomic Benefits of Space Global Space and the UN 2030 Agenda Sylvain Laporte Président

COPUOS Building to UNISPACE+50 The space economy encompasses the full range of activities and use of resources that create and provide value and benefits to human beings in the course of exploring, understanding and utilizing space. Space Economy Awareness of the benefits of space economy on the growth and sustainable development of nations Space technologies and infrastructure linked to various sectors Economic rationale for the continuous support for space activities at national levels Capacity‐building prioritised in space science and technology as a key asset for a sustainable future.

Awareness of Space Benefits for Growth and Sustainable Development Space is increasingly seen as a contributing lever for economic growth, social well-being and sustainable development. In 2015, global space activity reached $323 billion (US) The annual growth rate for the Space Sector was 4.4% over the last ten years (2006-2015) Gross Domestic Product (GDP) Employment of Highly Qualified Personnel (HQP) Research and Development (R&D) Innovative and advanced manufacturing capabilities Increased Trade Opportunities Contribution to GDP of +$2.8 billion +10,000 directly employed, +25,000 employed in the overall economy. (BERD) in Canada over $146 million Space Manufacturing is 6X more R&D intensive than the national average. Canadian Space Sector Export Revenues +$1.6 billion or 30% Economic Benefits

Space Technologies, Infrastructure, and Innovation Innovation in space lays the groundwork for a scientific and technologically diversified economy. Optimal utilization of the space sector is a driver for socioeconomic development providing employment, security, and growth opportunities for established and developing nations. Canada’s Innovation and Skills Plan aligns with UNOOSA priorities: 1 People 2 Emerging Technologies 3 Grow Companies and Clean Growth

Economic Rationale for National Support of the Space Sector Space Exploration Earth Observation Services Governments play a key role in the space sector. Space is a critical contributor to Government mandates Socioeconomic benefits are derived through space services. Pushes the boundaries of science and technology development. Space Science and Technology leads to development of Highly Qualified Persons. International Collaboration Inspiration Quality of Life Climate Change & Emergency Response Environment & Resource Extraction Security & Maritime Surveillance

Space Science and Technology for a Sustainable Future Building space capacities provides opportunities for collaboration in space science and participation in international missions. Open Data Highly Skilled Workforce: Highly educated and trained Contribute innovation and entrepreneurship culture Inspiration: STEM and Youth School Outreach Canadian Cubesat Project Human Wellbeing: Research Cardiovascular System Diagnosis Technologies Aging Science Excellence: World-class fundamental and applied science focused on various fields of study