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According to the World Bank, [3] the blue economy is the "sustainable use of ocean resources for economic growth, improved livelihoods, and jobs while preserving the health of ocean ecosystem." European Commission defines it as "All economic activities related to oceans, seas and coasts. It covers a wide range of interlinked established and ...
The ten targets include reducing marine pollution (14.1), protecting and restoring ecosystems (14.2), reducing ocean acidification (14.3), sustainable fishing (14.4), conserving coastal and marine areas (14.5), ending subsidies contributing to overfishing (14.6), increase the economic benefits from sustainable use of marine resources (14.7 ...
Marine spatial planning (MSP) also known interchangeably as Maritime Spatial Planning, is an ocean management instrument which aids policy-makers and stakeholders in compartmentalizing sea basins within state jurisdiction according to social, ecological and economical objectives in order to make informed and coordinated decisions about how to use marine resources sustainably.
In 1997, a core set of six principles was established by ecological economist Robert Costanza for the sustainability governance of the oceans. These six principles became known as the "Lisbon Principles": together they provide basic guidelines for administering the use of common natural and social resources.
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In April 2009, the Joint Ocean Commission Initiative released an urgent set of recommendations, Changing Oceans, Changing World: Ocean Priorities for the Administration and Congress. [6] The recommendations incorporated input from leaders at some of the most respected and influential ocean and coastal policy and science organizations in the ...
The term was popularized through Sustainable Development Goal 14 which is about "Life below water" and is one of the 17 Sustainable Development Goals established by the United Nations in 2015. The official wording of the goal is to " Conserve and sustainably use the oceans, seas and marine resources for sustainable development ".
Ocean governance is the conduct of the policy, actions and affairs regarding the world's oceans.Within governance, it incorporates the influence of non-state actors, i.e. stakeholders, NGOs and so forth, therefore the state is not the only acting power in policy making.