‘Ocean Promise’: UNDP’s Blue Economy Vision

At the recently held UN Ocean Conference at Lisbon, the United Nations Development Programme (UNDP) announced ‘Ocean Promise’- its vision for Blue Economy.

About the Promise: UNDP’s Ocean Promise underscores that every penny invested in achieving the Paris Agreement is a penny invested in ocean health— the foundation of the sustainable blue economy.

• The Promise outlines actions in key sectors to accelerate economic growth, create jobs and livelihoods, improve food security, reduce poverty and inequity, and promote gender equality.
• The Ocean Promise emphasizes the restoration of the nearly $1 trillion in annual socio-economic losses due to ocean mismanagement.
• The promise is also about helping countries to tap into new and emerging ocean sectors for increased ocean-related socio-economic opportunities.