What is a blue economy?

The European Union's blue economy encompasses all industries and sectors related to oceans, seas and coasts, whether they are based directly in the marine environment (e.g. shipping, seafood, energy generation) or on land (e.g. ports, shipyards, coastal infrastructures).

According to the most recent Blue economy report, the traditional sectors of blue economy provide 4.5 million direct jobs and generate over 650 billion euro in turnover.