Chapter 3: Why we should care page 47
An ocean of opportunity
Ocean ecosystems are renewable assets which, if maintained in
a healthy state, would continue to provide goods and services in
perpetuity. Substantial economic and social gains could be realized
by protecting and improving them, and from using them sustainably
and equitably to:
- Enhance food security, health and well-being. Improved
and equitable access to food and raw materials from a healthy
ocean would improve quality of life for hundreds of millions of
people, as well as generating substantial savings from averted
healthcare and social costs. - Deliver more secure and cost-effective public services.
Ocean ecosystems are a core part of a nation’s infrastructure
portfolio, and should be invested in accordingly. Protecting
and improving them to secure service supply would generate
multibillion-dollar savings (through reduced need for
man-made alternatives and avoided socio-economic costs). - Build more resilient economies and businesses.
Improved access to a sustainable supply of raw materials would
insulate economies, businesses and supply chains from resource
shocks, price volatility and disaster risks. - Generate economic growth where it is needed, including
through new businesses and job creation in coastal areas (for
example in fisheries and tourism) – areas that often suffer from
a lack of economic opportunities.
Protecting our ocean makes economic sense
Marine protected areas (MPAs) that effectively protect critical
habitats, species and ecological functions are an essential tool for
ensuring ocean ecosystems can deliver services and benefits to
current and future generations. Brander et al. (2015) show that
well-managed MPAs could help to reduce poverty, increase food
security, create employment and protect coastal communities.
They modelled a range of scenarios to examine the net benefits
of expanding MPAs. Increasing MPA coverage to 30 per cent of
marine and coastal areas could generate between US$490 billion
and US$920 billion by 2050 and 150,000-180,000 full-time jobs in
MPA management over the 2015-2050 period.
Marine protected
areas could help
to reduce poverty,
increase food security,
create employment
and protect coastal
communities