The ocean economy is attracting attention across the globe as a source of economic growth, while marine ecosystems are increasingly facing the consequences of unbridled pollution, climate change and biodiversity loss. OECD monitors the ocean economy to offer insights and policy advice on balancing economic development with ocean health. It supports national ocean economy measurement strategies and provides best practices to harness ocean science and innovation to boost sustainable uses.
The ocean covers two-thirds of our planet and provides invaluable ecosystem services that are vital for humanity’s well-being, global food security, economic growth, employment, and development. However, the ocean is under immense pressure, primarily because of human activity. Governments need to take bold action from local to international levels to ensure conservation and sustainable use of the ocean, while enhancing economic development.