Blue Growth is the long term strategy to support sustainable growth in the marine and maritime sectors as a whole. Seas and oceans are drivers for the European economy and have great potential for innovation and growth. It is the maritime contribution to achieving the goals of the Europe 2020 strategy for smart, sustainable and inclusive growth.
The 'blue' economy represents roughly 5.4 million jobs and generates a gross added value of almost €500 billion a year. However, further growth is possible in a number of areas which are highlighted within the strategy.
The strategy consists of three components:
1. Develop sectors that have a high potential for sustainable jobs and growth, such as:
a. aquaculture (Fisheries website)
d. ocean energy
2. Essential components to provide knowledge, legal certainty and security in the blue economy
a. marine knowledge to improve access to information about the sea;
b. maritime spatial planning to ensure an efficient and sustainable management of activities at sea;
c. integrated maritime surveillance to give authorities a better picture of what is happening at sea.
2. Sea basin strategies to ensure tailor-made measures and to foster cooperation between countries
b. Arctic Ocean
d. Baltic Sea
e. Black Sea
g. North Sea