What is the Sustainable Ocean (“Blue”) Economy?

HEALTHY PEOPLE & PLANET NEED A HEALTHY OCEAN!
🌊 The High Level Panel for a Sustainable Ocean Economy @oceanpanel is made up of serving world leaders with power to initiate, amplify, and speed action for ocean priorities. Its goal is to create a global Sustainable Blue Economy!
💦 In December 2020, the Panel committed to sustainably manage 100% of ocean area under national jurisdiction, guided by Sustainable Ocean Plans, by 2025. It also supported a global target to protect 30% of the ocean by 2030.
💧 Why 2030? Because that's the end of the UN Decade of Ocean Science for Sustainable Development (2021-2030) and 2030 Agenda for Sustainable Development.

WHAT IS "SUSTAINABLE BLUE ECONOMY"?
🐳 “Blue economy” means economic activities related to the ocean, like fishing, shipping, tourism, and renewable energy production.
🐋 “Sustainable Blue Economy” is a Blue Economy with effective protection, sustainable production, and equitable prosperity.

WHY SHOULD YOU CARE?
🐠 The Panel’s 2021 Progress Report says a Sustainable Blue Economy would have positive impacts like:
☆ 12 million new jobs
☆ $15.5 trillion in net benefits from sustainable ocean investments
☆ 6x more sustainable seafood
☆ 40x more renewable energy
☆ 1/5 of GHG reductions needed to keep our Planet within 1.5C
☆ restored habitats and biodiversity

WHAT ARE PANEL'S TOP 5 GOALS FOR 2030?
① Sustainable ocean food: wild fish stocks restored and harvested at sustainable levels, and aquaculture sustainably grown with minimized/managed waste
② Sustainable energy: ocean-based energy is fast-growing
③ Sustainable ocean transport: zero-emission and low-impact marine vessels are common
④ Sustainable ocean tourism: tourism is sustainable, resilient, addresses climate change, reduces pollution, supports ecosystem regeneration/biodiversity conservation, and invests in local jobs/communities
⑤ Sustainable new ocean industries: new industries exist that boost environmentally responsible and inclusive economic growth