The world’s biggest employer and seventh-largest economy needs help: this is how to save our oceans
Summary
The ocean contributes $2.5 trillion to global GDP and supports over three billion livelihoods, yet it is becoming emptier, warmer, and more acidic. To address this, the authors call for a global 'call for action' to implement SDG 14, which includes protecting 30% of the ocean by 2030, closing governance loopholes for high-seas biodiversity, and achieving net-zero carbon emissions by 2050. The document emphasizes that ocean health is inextricably linked to the Paris climate agreement and requires a dedicated Special Representative for the Ocean and transparent financing plans.
Key insights
- The ocean is experiencing degradation, characterized by becoming emptier, warmer, and more acidic, which places marine life under significant pressure.
- The economic and social value of the ocean is immense, with a GDP of $2.5 trillion (5% of global GDP), supporting more than three billion livelihoods and providing food for over 2.6 billion people.
- To implement SDG 14, the authors propose a global 'call for action' that commits to protecting at least 30% of the ocean by 2030, ensuring the remaining 70% is sustainably managed, and closing governance loopholes regarding high-seas biodiversity.
- Ocean regeneration is dependent on addressing climate change, specifically through reaffirming the Paris climate agreement and pursuing net-zero carbon emissions by 2050.
- The authors recommend that UN Secretary-General António Guterres appoint a Special Representative for the Ocean to improve governance and that all commitments be supported by clear financing plans and accountability checks.
Cite the original document
- APA
- Podesta, J. M. F. P. L. J. D. (2017). The world’s biggest employer and seventh-largest economy needs help: this is how to save our oceans. World Economic Forum. https://www.weforum.org/stories/economic-growth/the-worlds-biggest-employer-and-seventh-largest-economy-needs-help-this-is-how-to-save-our-oceans/
- Chicago
- Podesta, Jose Maria Figueres, Pascal Lamy, John D. The world’s biggest employer and seventh-largest economy needs help: this is how to save our oceans. World Economic Forum, 2017. https://www.weforum.org/stories/economic-growth/the-worlds-biggest-employer-and-seventh-largest-economy-needs-help-this-is-how-to-save-our-oceans/.
- Wikipedia
- {{cite press release |last1=Podesta |first1=Jose Maria Figueres, Pascal Lamy, John D. |title=The world’s biggest employer and seventh-largest economy needs help: this is how to save our oceans |publisher=World Economic Forum |date=17 February 2017 |url=https://www.weforum.org/stories/economic-growth/the-worlds-biggest-employer-and-seventh-largest-economy-needs-help-this-is-how-to-save-our-oceans/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{podesta2017worlds, author = {Podesta, Jose Maria Figueres, Pascal Lamy, John D.}, title = {{The world’s biggest employer and seventh-largest economy needs help: this is how to save our oceans}}, publisher = {World Economic Forum}, year = {2017}, month = feb, url = {https://www.weforum.org/stories/economic-growth/the-worlds-biggest-employer-and-seventh-largest-economy-needs-help-this-is-how-to-save-our-oceans/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
Full text
Collected · Record updated