The blue economy is a historic opportunity. Here’s how we seize it

When it comes to the Ocean, the 20th century’s “extract and earn” philosophy is finished. Widespread plastic pollution, depleting resources, acidifying waters and expansive dead zones mean we must forge a new path. The only way forward is circular and sustainable. But going sustainable does not have to mean foregoing profits or return on investment (ROI). The sustainable blue economy has enormous untapped economic potential. Already, the world has started taking notice. For example, the United Nations’ Sustainable Blue Economy Investment Forum (SBEIF), hosted by the governments of Portugal and Kenya, saw governments, development banks, and philanthropic and corporate actors convene and commit to investing billions of dollars in everything from blue biotech and sustainable shipping to Marine Protected Areas. They are seizing the opportunity the blue economy presents.

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