Artiom Vallat on Unsplash
Declaration of the Sustainable Blue Economy Finance Principles
World Wildlife Fund
According to OECD projections1 , by 2030, the ‘Blue Economy’ — defined as all economic sectors which have a direct or indirect link to the ocean — could outperform the growth of the global economy as a whole, both in terms of value added and employment. In the coming decade, marine energy, marine biotechnology, coastal tourism, transport and food production sectors could offer unprecedented development and investment opportunities. However, there is increasing evidence that losses in the ocean’s natural capital resulting from unsustainable economic activity is eroding the resource base on which such growth depends.
Read the full declaration here
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