5 economic opportunities for a sustainable ocean economy 

5 economic opportunities for a sustainable ocean economy 

The ocean economy is one that has been overlooked by COVID-19 stimulus packages to date, write World Resources Institute experts.

However, supporting the ocean economy has significant benefits, with every $1 invested returning $5.

Here are 5 ocean priorities can help its economic output and support the wider economy.



The ocean economy, which contributes upwards of $1.5 trillion in value added to the global economy, was particularly hard hit by the COVID-19 pandemic, with a projected loss of $1.9 billion for international shipping carriers alone. Coastal communities were hardest hit, with an estimated $7.4 billion fall in GDP across Small Island Developing States due to the decline in tourism. The links between ocean-based sectors and land-based economies mean that these impacts have economic and social repercussions across the