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Healthy seas and coasts would pay healthy dividends in a green economy, according to a report released by the United Nations Environment Programme (UNEP), United Nations Development Programme (UNDP), the Food and Agriculture Organization of the United Nations (FAO), International Maritime Organization (IMO), United Nations Department of Economic and Social Affairs (UN-DESA), International Union for Conservation of Nature (IUCN), WorldFish Center and GRID-Arendal, that highlights the huge potential for economic growth and poverty eradication from well-managed marine sectors.
The report, Green Economy in a Blue World, argues that the ecological health and economic productivity of marine and coastal ecosystems, which are currently in decline around the globe, can be boosted by shifting to a more sustainable economic approach that taps their natural potential - from generating renewable energy and promoting eco-tourism, to sustainable fisheries and transport.The report was
It highlights how the sustainable management of fertilizers would help reduce the cost of marine pollution caused by nitrogen and other nutrients used in agriculture, which is estimated at US$100 billion (EUR 80 billion) per year in the European Union alone.
With five months to go before world governments meet at the UN Conference on Sustainable Development (Rio+20) in Brazil, Green Economy in a Blue World presents a case to stimulate countries to unlock the vast potential of the marine-based economy in a paradigm shift that would significantly reduce degradation to our oceans, while alleviating poverty and improving livelihoods.
The synthesis report also examines how Small Island Developing States (SIDS), such as those in the Asia-Pacific and Caribbean regions, can take advantage of green economy opportunities to reduce their vulnerability to climate change and promote sustainable growth.
Stock Tips Expert's Team