Why we need to stop ignoring the importance of our oceans

"Urgent action" is needed if the world wants to maintain its ocean economy, according to a new report by the WWF.

The world's oceans are worth at least $24 trillion in services such as fishing, tourism, shipping and carbon sequestration. In fact, if the oceans were a country, they would be the world's seventh economy in terms of GDP.

The report, published by the World Wildlife Fund (WWF), states that more than two thirds of these goods and services mentioned rely heavily on the oceans remaining healthy.

According to the report:

The evidence is clear: the ocean is a major contributor to the global economy, but its asset base is being rapidly eroded. To restore the ocean’s productive capacity before it is too late, the world must take urgent action.

  • Reviving the Ocean Economy, WWF report
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