BaCCC/Video Summaries/Introduction to Blue Economy

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Video Summary

Introduction to Blue Economy (5:23)

https://www.youtube.com/watch?v=j8U9nM83mHw

  • People living in coastal regions can get value from the ocean through a sustainable blue economy, meaning that ocean and coastal ecosystems provide humans with economic and environmental benefits.
  • The blue economy is the part of the economy that includes all activities related to the oceans, seas and coasts.
  • Examples of blue economy activities include the extraction of living things, maritime transport business and coastal tourism.
  • There are new and emerging sectors in the blue economy that have huge growth potential and offer employment opportunities, such as ocean energy and blue biotechnology.
  • The European Union has developed a blue growth strategy that aims to support sustainable growth in all marine and maritime sectors.