When you think of economic output, it’s likely the ocean isn’t the first entity that comes to mind. But from facilitating international trade to regulating the climate, the “blue economy” contributes significant value in both tangible and intangible ways.
The sustainable use of the ocean and its resources for economic development and livelihoods have such far-reaching effects, that its protection is a significant goal of the United Nations, as well as for many other countries and organizations throughout the world.
However, these vital ocean assets are in danger of sinking quickly. Ahead of World Oceans Day on June 8, 2020, we look at the total value of assets that come from our ocean, and how various human activities are affecting these resources.