Need for Blue Economy

In this article we will discuss Need for Blue Economy

In this article, we will discuss Need for Blue Economy. So, let’s get started.

Need for Blue Economy

  • Oceans cover three-quarters of the Earth’s surface, contain 97% of the Earth’s water, and represent 99% of the living area on the planet.
  • Oceans protect biodiversity, keep the planet cool, and absorb about 30% of global CO2 emissions.
  • At least 3-5% of global GDP is derived from oceans.
  • Blue economy, through sustainable use of oceans, has great potential for boosting the economic growth by providing opportunities for income generation and jobs etc.
  • It can support food security, and diversification to address new resources for energy, new drugs valuable chemicals, protein food, deep sea minerals, security etc.
  • It is the next sunrise sector.
  • Sunrise Sector is a sector that is expanding rapidly and is expected to be increasingly important in the future.

By sudrishna46

I work as an Analyst and i love wildlife and travel vlogging

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