The Center for the Blue Economy has prepared a new report for the Mid-Atlantic Regional Council on the Ocean (MARCO), which calculates the contributions of oft-overlooked portions of the ocean economy, concluding that marine research and education, state expenditures related to the ocean, and coastal electricity production support 38,000 jobs and $25.5 billion in annual economic activity.
Our mission at the Center for the Blue Economy is to promote ocean-based sustainability solutions through leadership in economic research, education, and policy analysis.
What is the “Blue Economy”?
The “Blue Economy” comprises the economic activities that create sustainable wealth from the world’s oceans and coasts. The center examines ways that ocean and coastal resources can support economic development and enhance healthy, resilient oceans and well-managed coastlines.
Our research focuses on two areas—helping organizations understand how to measure the size and changing nature of economic relationships with the oceans and coasts in order to guide choices and monitor progress, and the economics of climate change adaptation in coastal regions.
THANK YOU SENATE and HOUSE for passing the biggest funding for climate solutions in US History!
On August 7, 2022, the Senate passed the Inflation Reduction Act using the budget reconciliation process to pass $369 billion in energy security and climate change programs over the next ten years. On August 12th, 2022, the House of Representatives followed suit, and on August 16th, 2022 President Biden signed the bill into law! While not perfect, the bill is the best hope we have to address climate change now. Please take a moment to THANK your senators & representatives for supporting the bill! We have secured a major step in securing a livable future, healthy ocean, and long-term sustainability and prosperity. There is much yet to do, but for now we CELEBRATE AND THANK THE OCEAN CLIMATE ACTION COALITION! THIS IS YOUR WIN!
Biden-Harris Executive Branch Takes Ocean Climate Action!
The White House Announces "America's First-Ever Ocean Climate Action Plan"
June 8, 2022, World Ocean Day
“The Biden-Harris Administration will develop and implement a first-ever, whole-of-government Ocean Climate Action Plan. The Office of Science and Technology Policy and the Council on Environmental Quality, Co-Chairs of the Ocean Policy Committee, announced that the Committee will work in coordination with the White House Climate Policy Office to develop a whole-of-government Ocean Climate Action Plan that will guide significant ocean-based climate mitigation and adaptation actions, including green shipping, ocean-based renewable energy, blue carbon, and other ocean-related solutions. The Committee will also develop a National Sustainable Ocean Plan that will help guide sustainable economic development of U.S. ocean and coastal waters.”
We celebrate this announcement and all climate related forward motion that the Biden-Harris Administration is advancing! Is it coincidence that they have titled it the Ocean Climate Action Plan? We think not!
Read full press release from the White House, June 8th, 2022
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The Fall 2022 Speaker Series
Join us on Tuesday evenings, 6:00 pm to 7:00 pm online via Zoom for the Environmental Justice & Sustainability Speaker Series to hear from creative, pragmatic, and practice-based environmental professionals. The series is primarily intended to support students in the International Environmental Policy (IEP) program, but all lectures are open to the public.
Biden’s Inflation Reduction Act came decades too late to stop climate change impacts this century. What now? Article by Center for the Blue Economy Director Jason Scorse, and partner organization Blue Frontier Director David Helvarg.