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7 - Oceans and Coasts

Published online by Cambridge University Press:  24 March 2022

Edward Barbier
Affiliation:
Colorado State University
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Summary

Chapter 7 argues that, if we are to halt humankind’s unrelenting exploitation of marine sources and sinks, we need to change our economic approach to oceans and coasts. It begins with addressing the underpricing of marine capital and their services and the underfunding of ocean and coastal conservation. Addressing these challenges must also be the focus of global collective action. The savings and revenues generated can also be allocated to support global funds and investments in marine capital and protection. However, more comprehensive cooperation between the international community, national governments and the private sector is required to develop global policies to protect vulnerable coastal populations, disappearing marine habitats, such as coral reefs and mangroves, and the deep sea.

Type
Chapter
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Economics for a Fragile Planet
Rethinking Markets, Institutions and Governance
, pp. 183 - 216
Publisher: Cambridge University Press
Print publication year: 2022

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  • Oceans and Coasts
  • Edward Barbier, Colorado State University
  • Book: Economics for a Fragile Planet
  • Online publication: 24 March 2022
  • Chapter DOI: https://doi.org/10.1017/9781108914000.008
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  • Oceans and Coasts
  • Edward Barbier, Colorado State University
  • Book: Economics for a Fragile Planet
  • Online publication: 24 March 2022
  • Chapter DOI: https://doi.org/10.1017/9781108914000.008
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Oceans and Coasts
  • Edward Barbier, Colorado State University
  • Book: Economics for a Fragile Planet
  • Online publication: 24 March 2022
  • Chapter DOI: https://doi.org/10.1017/9781108914000.008
Available formats
×