Reviving Melanesia’s Ocean Economy: The Case for Action

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October 2016
Ove Hoegh-Guldberg, Tyrone Ridgway
World Wide Fund For Nature (WWF)

During the past few years, the term “Blue Economy” or “Blue Growth” has surged into common policy usage, all over the world. For some, Blue Economy means the use of the sea and its resources for sustainable economic development. For others, it simply refers to any economic activity in the maritime sector, whether sustainable or not.

Despite increasing high-level adoption of the Blue Economy as a concept and as a goal of policy making and investment, there is still no widely accepted definition of the term. To fill this gap in shared understanding about what characterises a sustainable Blue Economy, and to help ensure that the economic development of the ocean contributes to true prosperity, today and long into the future, WWF has developed a set of principles.