much attention has been given to the growth of the ‘Blue Economy’ — a term which refers to the sustainable use of ocean and marine resources for economic growth, jobs, and improved livelihoods. Ocean resources are viewed as lucrative areas for increased investment, including in fisheries, aquaculture, bio-prospecting, renewable energy, oil and gas, and other businesses. Ensuring that socially equitable and sustainable development occurs should be the mandate of governments and industry, maintain an international group of researchers, led by UBC.
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Source: ScienceDaily