Ryan Loughlin, Unsplash
The US$2.5 Trillion Blue Economy Investment Opportunity
Energy Solutions Fisheries & Aquaculture Plastics & Pollution Shipping & Ports Tourism
Michael van Niekerk, Investment Magazine- The ocean or the global “blue economy” contributes US$2.5 trillion ($3.8 trillion) a year in economic output – equivalent to world’s seventh-largest economy by GDP – and is expected to expand at twice the rate of the mainstream economy, reaching US$3 trillion a year by 2030.
- Aquaculture produces half of the world’s seafood. Fisheries and aquaculture provide direct or indirect employment to 10-12 per cent of the world’s population, with more than 90 per cent of those employed located in developing countries.
- Whilst strengthening legislation and regulations are critical for healthier oceans, key areas for investment include:
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