The Ocean Economy in 2030

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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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Ocean industries to 2030

Building on the OECD Ocean Economy Database and the model described in Annex 8.A1 and in much more detail in a forthcoming OECD working paper, this chapter presents the development of the ocean economy to 2030 under a “business-as-usual” scenario, followed by two alternative scenarios. It should be emphasised from the outset that the scenarios are not forecasts. Rather they are projections whose purpose here is to explore how ocean-based industries might evolve in the next couple of decades on the basis of a set of underlying assumptions, e.g. on economic growth, environmental degradation and technological innovation. The scenarios provide insights into the possible prospects for growth and employment in ocean industries, and help to identify likely upcoming issues and challenges, for example the potential impact of rapid growth of ocean industries on the ocean environment, its consequences for the use of maritime space and implications for ocean spatial management.

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