Happy World Ocean Day! The health of the ocean continues to deteriorate, but exciting ideas and solutions highlighted at the 8th annual World Ocean Summit Virtual Week could accelerate the shift towards a sustainable ocean economy.
Speakers and delegates at the World Ocean Summit confirmed the prevailing hope that the main challenges facing the ocean can and will be solved—from accelerating sustainable aquaculture and ocean energy to decarbonising shipping and building a circular economy for plastics.
The solutions and technologies exist, many companies are already driving change in their supply chains, and there is growing demand from both investors and governments for a shift to sustainable blue activities. To accelerate a sustainable ocean economy, ocean industries will face major challenges, but also opportunities.
Read the full summary paper of the World Ocean Summit, with an outlook for the ocean economy by The Economist Group’s World Ocean Initiative: ocean.economist.com/outlook2021
Preview video below:
More posts on the ocean economy:
- 2021: A winning year for the ocean?
- WOS APAC: Small Island Developing States —new challenges, new opportunities & harnessing the power of seaweed
- WOS APAC: Building momentum for offshore wind in Asia & The Economist’s debrief on COP26 and the ocean
- WOS APAC: How to implement and manage marine protected areas
- WOS APAC 2021: Developing the business case to attract early investors