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The Ocean Economy in 2030

image of The Ocean Economy in 2030

This report explores the growth prospects for the ocean economy, its capacity for future employment creation and innovation, and its role in addressing global challenges. Special attention is devoted to the emerging ocean-based industries in light of their high growth and innovation potential, and contribution to addressing challenges such as energy security, environment, climate change and food security.

 

The report examines the risks and uncertainties surrounding the future development of ocean industries, the innovations required in science and technology to support their progress, their potential contribution to green growth and some of the implications for ocean management.  Finally, and looking across the future ocean economy as a whole, it explores possible avenues for action that could boost its long-term development prospects while managing the use of the ocean itself in responsible, sustainable ways.

 

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Expected changes to the ocean environment: Impacts on the ocean economy

The aims of this chapter are to: take stock of the scientific literature on the current state of the world’s ocean and its likely evolution to around 2030/50; indicate how current and future pressures and drivers, such as climate change, warming ocean water, acidification, deoxygenation, overfishing and pollution physically change the ocean environment and marine ecosystems and directly affect the economic potential of ocean-based activities; and explore some of the potential implications of those changes for biomass and biodiversity and the ocean economy as a whole. The resulting picture of the strains and stresses weighing on the ocean environment provides an important context for the subsequent chapters, which assess the future development of a range of key ocean-based industries.

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