With the value of the ocean economy predicted to double from USD$1.5 trillion in 2010 to an estimated USD$3 trillion by 2030, experts are calling for a more sustainable approach when it comes to exploiting coastal and marine resources.
They argue it is possible to both use the oceans to support economic growth and employment, while also protecting them for decades to come — a concept known as the blue economy.
As the planet marks United Nations World Oceans Day on 8 June, experts say more investment, further research and rethinking our relationship with the oceans is required to realise the full potential of the deep blue sea.
Perspectives
The future of farming could be under the sea Scott Spillias and Eve McDonald-Madden, University of Queensland Seaweed farming could free up millions of hectares of land and help cut carbon emissions if its true value is realised. Getting there takes time and investment.
We don't know enough about the high seas to protect them Fiona Chong, University of Hull and Matthew Spencer, University of Liverpool Beyond any country's jurisdiction, relatively little is known about the high seas and the life it contains. As high sea activities ramp up that needs to change.
Powering the blue economy with blue finance Raghu Dharmapuri Tirumala, University of Melbourne Attracting much-needed investment into the blue economy can be spurred by tailor-made initiatives.
The ocean index helping to drive the blue economy Luky Adrianto, IPB Univesity A new approach should be considered to ensure coastal and marine resources are exploited sustainably.
Unlocking Indonesia's potential through a blue economy Zuzy Anna, Padjadjaran University In the wake of COVID-19, Indonesia has the opportunity to shift away from a growth-oriented economic model towards an inclusive blue economy.
Underwater gardening could save vital kelp forests Aaron Eger, UNSW Restoring kelp forests to sustain the vital role they play in the blue economy will require people rethinking their relationship with the ocean.
Originally published under Creative Commons by 360info™.
