Components of the Blue Economy

Type of Activity

Ocean Service

Industry

Drivers of Growth

Harvest of living resources

Seafood

Fisheries

Food Security

Aquaculture

Demand for Protein

Marine biotechnology

Pharmaceuticals, chemicals

R & D for health care and

industry

Extraction of non-living resources, generation of new resources

Minerals

Seabed mining

Demand for minerals

Energy

Oil and gas

Demand for alternative energy sources

Renewables

Freshwater

Desalination

Demand for freshwater

Commerce and trade inand around the oceans

Transport and trade

Shipping

Growth in seaborne trade; International regulations

Port infrastructure and services

Tourism and recreation

Tourism

Growth of global tourism

Coastal Development

Coastal urbanization

Domestic regulations

Response to ocean health challenges

Ocean monitoring and

surveillance

Technology and R & D

R & D in ocean technologies

Carbon Sequestration

Blue Carbon

Growth in coastal and ocean protection and Conservation activities

Coastal Protection

Habitat protection and Restoration

Waste Disposal

Assimilation of nutrients and Wastes