BLUE ECONOMY

The ocean is under stress from declining biodiversity, overexploitation, pollution and climate change which leads to an uneven balance between the economic activity and the long-term capacity of ocean ecosystems to support this activity and remain resilient and healthy. The Blue Economy cuts across various sectors and industries encompassing activities like renewable energy, fisheries, maritime transport, waste management, and tourism. Organisations within the Blue Economy that pursue an ecosystem-driven innovation strategy and capitalize on the know-how of other organisations can win and position themselves to grow economically while contributing to a more sustainable marine ecosystem.