The blue economy is worth $2.5 trillion a year. But what is it?

Anna Wellenstein & Genevieve Connors, World Economic Forum

The blue economy is worth $2.5 trillion a year. But what is it?
Nabil Naidu on Unsplash

However, harmful human practices that damage the oceans also threaten this key sector of the global economy.

The Eastern Caribbean is at the forefront of efforts to invest heavily in developing the blue economy, in close partnership with the World Bank and others.

As a growing number of coastal and marine-related activities – such as tourism and fisheries – compete for limited coastal space, it will be critical for Eastern Caribbean countries to establish effective conflict-resolution mechanisms.

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