Oceans Economy and Fisheries
ditc-ted-OceansEconomy1.jpgOceans and seas cover over two-thirds of the earth's surface, provide food and minerals, generate oxygen, absorb greenhouse gases and keep climate change in check, determine weather patterns and temperatures, and serve as highways for sea-borne international trade. Oceans and seas can play a major role in contributing to achieving sustainable development, economic growth, and livelihoods.
 
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The oceans economy (also known as the blue economy) is defined as a subset of, and complement to, the evolving development paradigm emphasizing greener and more sustainable and inclusive economic paths. It seeks to expand the economic frontiers of coastal countries beyond their land territories. The Oceans economy encompasses a sustainable economy for the ocean-based marine environment, related biodiversity, ecosystems, species and genetic resources including marine living organisms (from fish and algae to micro-organisms) and natural resources in the seabed, while ensuring their sustainable use and hence, conservation. The value of the global ocean-based economy is estimated between USD 3-6 trillion/year and more than 3 billion people rely on the oceans for their livelihoods.
 
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UNCTAD is supporting developing countries to identify the opportunities and challenges that the oceans economy can bring. It also supports national trade and other competent authorities to design and create an enabling policy and regulatory environment that promotes the development and emergence of sustainable oceans economic sectors through the definition and implementation of national and regional oceans economy and trade strategies.
 
 

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 News

 
SDG 14
16 May 2017Upcoming UN Ocean Conference expected to trigger a global solution to end harmful fisheries subsidies
Goal 14
05 April 2017Artisanal fishers are on the frontline of the overfishing crisis
Goal 14
30 March 2017Our plastic addiction threatens global fish stocks — Q&A with the International Oceans Institute
SDG14
24 February 2017A Man-made Tragedy: The Overexploitation of Fish Stocks
SDG 14
19 January 2017Trade-related aspects of the Sustainable Development Goal 14 at the centre of the 2017 UN High Level Oceans Conference Briefing in Geneva
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TER 2016, Fish Trade
UNCTAD/DITC/TED/2016/3
 
 
 
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