UNCTAD Calls for "Blue Deal" for Ocean Economy

Posted 5/12/23

A report by the United Nations Conference on Trade and Development (UNCTAD) has called for a "Blue Deal" – a global initiative towards sustainable use of the world's oceans that are home to 80% of all life.

The Trade and Environment Review 2023, released on 8 May, analyzes the ocean economy, estimated at $3-6 trillion. The report has been presented at the 3rd UN Trade Forum

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