Advancing China's Sustainable Blue Economy 2025

31Appendix 1.2 Definition of SBE and regenerative blue economy Organization Time Understanding of SBE Source WWF 2015 WWF proposed the concept of an SBE based on the ocean economy. An SBE creates social and economic benefits for current and future generations by promoting food security, eliminating poverty, improving people's livelihood, increasing income, improving employment, as well as health, safety, justice and political stability; it restores, protects and maintains the diversity, productivity, resilience, core functions and intrinsic value of marine ecosystems, that is, the natural capital on which sustainable, equitable and inclusive marine economies thrive; it uses clean technology, renewable energy and recyclable materials as the basis to ensure long-term social and economic stability within the Earth's carrying capacity.Principles for a Sustainable Blue Economy United Nations Environment Program (UNEP)2018 An SBE “provides social and economic benefits for current and future generations; restores, protects and maintains diverse, productive and resilient ecosystems; and is based on clean technologies, renewable energy and recycled material flows.”Sustainable Blue Economy Finance Initiative United Nations Environment Program (UNEP)2021 Building on the WWF definition, it is proposed that an SBE is an economy based on the oceans and seas that provides equitably distributed social and economic benefits to present and future generations, while restoring and protecting the intrinsic values and functions of coastal and marine ecosystems, which also relies on clean technologies and circular flows of materials.Governing Coastal Resources - Implications for a Sustainable Blue Economy International Union for Conservation of Nature2024 A regenerative Blue Economy is an economic model that combines rigorous and effective regeneration and protection of the ocean and marine and coastal ecosystems with sustainable, low or no-carbon economic activities, and fair prosperity for people and the planet, now and in the future.Towards a regenerative Blue Economy Appendix 1.3 Definition of ocean economy Organization Time Understanding of ocean economy Source The United Nations2014 The concept of the ocean economy, also referred to as the blue economy, is one that simultaneously promotes economic growth, environmental sustainability, social inclusion and the strengthening of oceans ecosystems. The Oceans Economy : Opportunities and Challenges for Small Island Developing States Organization for Economic Co-operation and Development2016 The ocean economy is the sum of the economic activities of marine industries and the assets, goods and services of marine ecosystems.Ocean economy 2030 China 2006 Marine economy refers to the sum of the various types of industrial activities that develop, utilize and protect oceans and seas, as well as the activities associated with them.Classification of Marine and Related Industries (National Standard) US 2014 Marine economy is defined as products/services that come from the ocean (or Great Lakes) and whose resources are directly or indirectly used in economic activities.State of the U.S. Ocean and coastal Economies (NOEP ) UK 2010 Marine economic activities include seabed activities and eco - nomic activities that supply goods and services to marine activities.Socio-economic indicators of marine- related activities in the UK economy Stats New Zealand2010 Marine economy includes activities that take place in or use the marine environment or produce goods and services neces - sary for those activities.New Zealand’s Marine Economy: 1997–2002