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Definition
Although no specific definition is designated for this term, this concept has been previously defined based on the field of application and utilization. The blue economy refers to the sustainable utilization of ocean and coastal resources for economic growth, improved livelihoods, and job creation while preserving the health of marine ecosystems. It is also regarded as an economic concept encompassing various economic activities in the ocean and coastal area, including traditional activities such as fishing, shipping, and shipbuilding, as well as newer activities such as offshore wind and wave energy, ocean-based aquaculture, and marine biotechnology. It is defined as the range of economic activities in the coastal zone and on the ocean, including shipping, fishing, oil and gas extraction, tourism, and renewable energy production. Generally, the blue economy mainly focuses on the responsible extraction and...
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Elegbede, I.O. et al. (2023). Blue Economy (Sustainability). In: Idowu, S., Schmidpeter, R., Capaldi, N., Zu, L., Del Baldo, M., Abreu, R. (eds) Encyclopedia of Sustainable Management. Springer, Cham. https://doi.org/10.1007/978-3-030-02006-4_401-1
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DOI: https://doi.org/10.1007/978-3-030-02006-4_401-1
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Latest
Blue Economy (Sustainability)- Published:
- 29 June 2023
DOI: https://doi.org/10.1007/978-3-030-02006-4_401-2
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Original
Blue Economy (Sustainability)- Published:
- 13 June 2023
DOI: https://doi.org/10.1007/978-3-030-02006-4_401-1