Ocean wealth valued at US$24 trillion, but sinking fast

The value of the ocean’s riches rivals the size of the world’s leading economies, but its resources are rapidly eroding, according to a report released by WWF today. The report, Reviving the Ocean Economy: The case for action – 2015, analyses the ocean’s role as an economic powerhouse and outlines the threats that are moving it toward collapse.

The value of key ocean assets is conservatively estimated in the report to be at least US$24 trillion. If compared to the world’s top 10 economies, the ocean would rank seventh with an annual value of goods and services of US$2.5 trillion.

read more … – WWF – World Wide Fund For Nature