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A New Gold Rush Into the Blue Economy

By Irina Bokova

At an ocean conference in China last October, renowned American oceanographer Sylvia Earle told participants that “we must think of taking care of the ocean as if our lives depended on it….because they do!”

Take California as an example. The Golden State boasts one of the world’s richest marine ecosystems. Over 75 percent of Californians live in coastal communities and the beach culture is part of the region’s much envied cultural identity. In 2008, the ocean economy accounted for $39 billion and provided at least 434,000 jobs.

On a global scale, the value of marine activities is estimated at 5% of …read more

Source: Huffington Post Green