UN Ocean Conference: Blue Deal
A “Blue Deal” is being promoted at the 2022 United Nations Ocean Conference to enable the sustainable use of ocean resources for economic growth.
- It includes global trade, investment, and innovation to create a sustainable and resilient ocean economy, according to the UN Conference on Trade and Development (UNCTAD).
- Coastal and island developing nations can benefit from the sustainable development of the ocean economy, including fisheries and aquaculture, coastal tourism, maritime transport, offshore renewable energy, ecosystem services, and marine genetic resources.
- It can create jobs and generate revenue for these nations,