ABSTRACT

The green economy offers an alternative framework to the largely unsustainable conditions promoted by current growth and development policies. Improvements will most likely come from increasing efficiency across the transport chain, greening supply chains, and building local economies. A green economic approach simultaneously pursues economic, social, and environmental goals. It also recognizes the importance of economic, social, and environmental capital in achieving such goals. Investing in the long-term health of coastal and marine resources is vital to the success of the global economy. The seas provide a large array of resources currently valued on the market. The importance of the fisheries sector to food security and poverty alleviation gives it a significant role in the transition to a green economy. The size and international character of the shipping industry make it one of the leading drivers of the global economy.