Reviving the Ocean Economy: The Case for Action—2015

World Wildlife Fund

[Greenbiz] …The new study stated the economic value of the ocean is valued at more than $24 trillion and the range of goods and services that flow from coastal and marine environments can be valued conservatively at $2.5 trillion a year. If the ocean were a national economy, it would be the seventh largest economy in the world, just behind the U.K. and ahead of Brazil in GDP rankings…

It argues the oceans are particularly vulnerable, as more than two-thirds of its value relies on healthy conditions to maintain its annual economic output. For example, the report warned coral reefs — critical for replenishing fish stocks, driving tourism and protecting coastlines — will disappear by 2050 at current rates of temperature rise…

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