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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 ...
The most commonly used definition of marine spatial planning was developed by the Intergovernmental Oceanographic Commission (IOC) of UNESCO: Marine Spatial Planning (MSP) is a public process of analyzing and allocating the spatial and temporal distribution of human activities in marine areas to achieve ecological, economic and social objectives that have been specified through a political ...
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Remedial strategies include: more careful waste management, statutory control of overfishing by adoption of sustainable fishing practices and the use of environmentally sensitive and sustainable aquaculture and fish farming, reduction of fossil fuel emissions and restoration of coastal and other marine habitats. [11]
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.
Ocean governance – Policy, actions and affairs regarding the world's oceans Admiralty law – Law of the oceans and their use; Maritime migration; Seasteading – Concept of creating permanent dwellings at sea; Ocean colonization – Type of ocean claim; Blue economy – Economy based on exploitation and preservation of the marine environment
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 ".