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Blue Economy

According to the World Bank, the blue economy is the "sustainable use of ocean resources for economic growth, improved livelihoods, and jobs while preserving the health of the ocean ecosystem." 

The Center for the Blue Economy says "it is now a widely used term around the world with three related but distinct meanings - the overall contribution of the oceans to economies, the need to address the environmental and ecological sustainability of the oceans, and the ocean economy as a growth opportunity for both developed and developing countries." 


 

Explore Other SDG Vocabulary

Bio-based Material

Bio-based Material

“Bio-“ is Greek for life.Bio-based material refers to a product's main constituent consisting of a substance, or substances, originally derived from living organisms. These sub...

Biodegradable

Biodegradable

Able to break down and blend back in with the earth, given the right conditions and presence of microorganisms, fungi or bacteria. Ideally, but not always, no toxins are left behin...

Biodiversity

Biodiversity

Biodiversity, a contraction of “biological diversity” was a term coined in 1985 and refers to the variety of all life on Earth and all its interactions. It comprises several levels...