We need a ‘blue’ economy to revive our ailing oceans
We need a ‘blue’ economy to revive our ailing oceans
A blue-economy strategy must prioritize conservation and restoration to ensure healthy marine ecosystems can sustain marine life, and human dependence on marine resources, for the long term.
Canada’s pursuit of a blue-economy strategy comes from a promise it made, along with 13 other countries, to sustainably manage 100 per cent of ocean waters, so it should also align with our international commitments to climate action and protection of 30 per cent of our oceans by 2030.
A blue-economy strategy that emphasizes protection and restoration can boost the oceans’ ability to adapt to and mitigate climate change. Investing in the restoration and protection of the oceans and coastal ecosystems will create jobs at a rate comparable to or greater than that of industrial projects. Conservation projects also create long-term economic benefits by boosting fisheries, coastal tourism, and water quality.
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