Blue economy: the potential of our oceans to contribute to a green recovery

According to OECD projections, by 2030, the “Blue Economy” could outperform the growth of the global economy as a whole, both in terms of value added and employment. A sector with a turnover of €750 billion that currently employs 5 million people in Europe presents an important potential in terms of both its contribution to a green recovery and the European Green Deal goals.

The marine economy is typically associated with traditional activities such as fishing or transport, but we are witnessing the emergence of an increasing number of innovative sectors including marine renewable energy, which is on track to produce up to 35% of the EU's electricity by 2050.

Virginijus Sinkevicius, European Commissioner for Environment, Oceans and Fisheries

John Bell, Director, Healthy planet, DG RTD, European Commission
Bernhard Friess, Director, Maritime Policy and Blue Economy, DG MARE, European Commission
Cláudia Monteiro de Aguiar MEP, Vice-Chair Committee on Fisheries, European Parliament
Tove Lunde, Head of Safety, Security and Sustainability for New Energy Solutions, Equinor and Chairwoman of the Global
Offshore Wind Health and Safety Organisation

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