OECD calls for stronger ocean economy collaboration

PARIS: While the ocean economy doubled in real terms, from $1.3 trillion in 1995 to $2.6 trillion in 2020, co-ordinated policy action is essential to safeguard its long-term prosperity and sustainability, a new OECD report says.

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The OECD's Ocean Economy to 2030 identifies key priorities for policymakers to secure a resilient and sustainable future ocean economy, balancing economic opportunity with environmental responsibility.