Gherardo Sava, Unsplash
The Blue Economy: Shoring Up Opportunities for Island Nations
The World Bank
While their small land size creates unique development challenges for island nations, these countries also have large ocean territories, and sustainable management of these resources already acts as an engine of jobs and GDP. More importantly, their ocean territory holds of the key to future opportunities and prosperity. Coastal and marine-based industries inject the global economy with US$2.5 trillion a year.
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