Image for Marine Environmental Economics

Marine Environmental Economics

Marine Environmental Economics is the study of how economic activities impact marine ecosystems and the services they provide. It assesses the value of marine resources—like fisheries and tourism—and the benefits of healthy oceans, including carbon sequestration and biodiversity. By analyzing these factors, it aims to inform policies that promote sustainable use of marine environments, balancing economic growth with ecological health. This field helps us understand the costs of environmental degradation and the financial frameworks that can protect ocean resources for future generations.