Blue economy, blue growth

World Ocean Summit 2015 was held at the The Oitavos, Cascais in Portugal on June 4th-5th. More than 350 government ministers, business leaders, environmentalists and multilaterals from across the globe convened to discuss how to make the transition from a conventional ocean economy to a new ‘blue’ economy.  Pedro Passos Coelho, prime minister, Portugal was the closing keynote at the 2.5-day summit.

The previous World Ocean Summit considered what a sustainable ocean economy might look like, and what governance frameworks would be required to enable it. This, the third Summit, explored the opportunity for business, governments, and the international ocean community that blue growth presents, identifying practical and realistic solutions to the tension between economic development and environmental sustainability. 

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