Litcius/Paper detail

Sustainable Blue Economy: Transformation, Value and the Potential of Marine Ecosystems

Steffen Knodt, Martin Visbeck, Antje Biber

202310 citationsDOIOpen Access PDF

Abstract

Protecting the ocean and building a diverse, resilient, and environmentally sustainable marine economy are the focus of the Sustainable Blue Economy. The FERI Cognitive Finance Institute, together with the GEOMAR Helmholtz Centre for Ocean Research Kiel and the FRAUNHOFER Centre for Sustainable Ocean Business, have summarized the most important strategies for a sustainable economic use of the world's ocean. The purpose of this study is to consider the interdependencies of ecological, economic, political, and social factors. In addition, the explanations that follow are intended to highlight central ideas, drivers, and impact mechanisms behind the (financial) potential of a Sustainable Blue Economy as an answer to pressing challenges.

Topics & Concepts

InterdependenceBusinessSustainable developmentEconomic transformationNatural resource economicsEconomyEnvironmental economicsEnvironmental resource managementEconomicsPolitical scienceLawCoastal and Marine ManagementMarine and fisheries researchCoral and Marine Ecosystems Studies