Difference between revisions of "Blue Economy"

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== Definition ==
 
== Definition ==
'''Blue Economy'''. All the sources of financial and non-financial value that humanity derives from marine environments. It includes all economic activities related to oceans, seas and coasts.
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'''Blue Economy''' denotes all the sources of financial and non-financial value that humanity derives from marine environments. It includes all economic activities related to oceans, seas and coasts.
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<ref>[https://www.undp.org/publications/climate-dictionary The Climate Dictionary, UNDP, 2023]</ref>
  
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The "blue economy" concept seeks to promote economic development, social inclusion, and the preservation or improvement of livelihoods while at the same time ensuring environmental sustainability of the
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oceans and coastal areas.
  
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The world’s oceans - their temperature, chemistry, currents, and life - drive global systems that make Earth habitable for humankind. Our rainwater, drinking water, weather, climate, coastlines, much of our food, medicines and even the oxygen in the air we breathe, are all provided and regulated by the seas. However, because of climate change, the health of our oceans is now at significant risk.
  
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The blue economy has diverse components, including established traditional ocean industries such as fisheries, tourism, and maritime transport, but also new and emerging activities, such as offshore renewable energy, aquaculture, seabed extractive activities, and marine biotechnology.
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== See Also ==
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* [[Ocean Finance]]
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== Futher Resources ==
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* [https://www.openriskacademy.com/mod/quiz/view.php?id=799 The Climate Dictionary Quiz]
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== References ==
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<references/>
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[[Category:Climate-Related Risk]]
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[[Category:Biodiversity Risk]]
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[[Category:Climate Dictionary]]
 
[[Category:ESRS Glossary]]
 
[[Category:ESRS Glossary]]

Latest revision as of 12:55, 11 September 2023

Definition

Blue Economy denotes all the sources of financial and non-financial value that humanity derives from marine environments. It includes all economic activities related to oceans, seas and coasts. [1]

The "blue economy" concept seeks to promote economic development, social inclusion, and the preservation or improvement of livelihoods while at the same time ensuring environmental sustainability of the oceans and coastal areas.

The world’s oceans - their temperature, chemistry, currents, and life - drive global systems that make Earth habitable for humankind. Our rainwater, drinking water, weather, climate, coastlines, much of our food, medicines and even the oxygen in the air we breathe, are all provided and regulated by the seas. However, because of climate change, the health of our oceans is now at significant risk.

The blue economy has diverse components, including established traditional ocean industries such as fisheries, tourism, and maritime transport, but also new and emerging activities, such as offshore renewable energy, aquaculture, seabed extractive activities, and marine biotechnology.

See Also

Futher Resources

References