World Oceans Day: What is the blue economy?

World Oceans Day has been hosted annually since 1992 and is an international event spearheaded by the UN. It was first put forward by Canada at the Earth Summit in Rio de Janeiro, Brazil, with the intention of giving ocean and coastal communities a greater say in the development of international environmental agreements and ensuring that such agreements recognised the role of thriving oceans in creating a sustainable future. Fast-forward 30 years and the fact that healthy oceans are needed for social and environmental sustainability has only become clearer, due to improved science. The oceans have absorbed more than 90% of the extra heat generated by man-made activity since 1970 and sequestered about a quarter of human-caused emissions in the same timeframe. Around half of the global population depend on oceans for their livelihoods, according to the OECD. Scientists have also been tracking how ocean health is being jeopardised by a myriad of human-caused issues. A landmark 2019 scientific report on ‘The Ocean and Cryosphere in a Changing Climate’ concluded that no parts of the world will be spared from the adverse impacts of rapid sea-level rise. The report also set out forecasts for more frequent, wide-reaching and intense marine heatwaves; increased ocean acidification; and an increase in ‘superstorms’ at sea. Add all of this to plastic pollution and species decline and the result is an ocean left less able to support life and sequester carbon, which could soon pass irreversible tipping points.

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