Developing The Blue Economy Requires Collaborative Effort

Observer Research Foundation Energy Solutions Fisheries & Aquaculture Shipping & Ports

Developing The Blue Economy Requires Collaborative Effort
Rod Long on Unsplash
  • Eighty per cent of world trade happens using the seas, 40 per cent of the world’s population live near coastal areas, and more than three billion people access the oceans for their livelihood. A healthy marine environment is essential for a sustainable future for people and the planet.
  • The oceans, seas and coastal areas contribute to food security and economic viability of the human population. The ocean is the next big economic frontier, with the rapidly growing numerous ocean-based industries.
  • Developing the blue economy should be based on national and global expertise. It is important that any blue economy transformation should include using integrated marine spatial planning.

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