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Showing posts with the label Sustainable Development Goal 14

Into The Blue: The Ocean We Want

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The Blue Economy defines the values and benefits to be derived sustainably from the ocean. In this introduction, Dr Anjani Ganase presents the outline for countries’ relationship with the ocean. In future features, she will expand what the blue economy should mean for Tobago and Trinidad. Humans have utilised aquatic and marine resources over centuries for food, water supply, extraction of materials and avenues of transport for trade and exploration. We have benefitted from the ocean as it moderates temperature and atmosphere and climate – it stores 90 % of our heat and 30 % of our carbon emissions. If we were to quantify the assets that we receive from the ocean (fisheries, coastal protection, tourism, carbon sequestration, transport etc.), the ocean would have Gross Marine Product (GMP) that would equate to some ~ 24 trillion USD (equivalent to the 7th highest economy in the world). Note that this value does not include the value of offshore oil and gas, nor does it include a va...