Increased protection would provide big boost to the ocean economy

Posted on June, 03 2015

Expanding ocean protection could return an increase in jobs, resources and services that far outweigh the costs
GLAND, Switzerland  –  Expanding ocean protection could return an increase in jobs, resources and services that far outweigh the costs, according to an analysis of new research commissioned by WWF on marine protected areas. The analysis comes months before governments make critical decisions that will direct the fate of the ocean for generations to come.
The analysis shows that every dollar invested to create marine protected areas – commonly known as MPAs – is expected to be at least tripled in benefits returned through factors like employment, coastal protection, and fisheries.
“The ocean is central to all of our lives and we need to be both its stewards and its managers. A healthy ocean safeguards our coasts, stores carbon, creates employment and feeds families,” said Marco Lambertini, Director General of WWF International. “Marine protected areas can have the double impact of contributing to a healthy ocean and creating important economic opportunities.”
Current international targets for ocean protection range from 10 per cent by 2020 through 30 per cent protection by 2030. At present, less than 4 per cent of the ocean is designated for protection, with many MPAs lacking effective implementation and management. 
Among the major threats facing the ocean are overfishing, pollution, sedimentation, and habitat destruction. Warming seas and increased acidification caused by climate change are expected to have devastating impacts on coral reefs and other important ocean systems.
“We cannot continue to overstrain and underinvest in the ocean,” said Lambertini. “The ocean is collapsing before our eyes, but the good news is that we have the tools to fix it. It is possible for the ocean to make strong contributions to lives and livelihoods while we also secure its habitats and biodiversity for future generations.”
When properly designed and managed, ecologically coherent networks of MPAs form safe havens for marine life. The areas protect and restore habitats and species resulting in a more resilient ocean better prepared to withstand the assault of climate change. When implemented in unison with sustainable fisheries management regimes and measures to minimise pollution, MPAs provide a solid basis for healthy marine ecosystems both locally and regionally.
The new analysis is based on a WWF-commissioned study produced by Amsterdam’s VU University, modelling MPA expansion at both the 10 per cent and 30 per cent target levels. The report found that increased protection of critical habitats could result in net benefits of between US$490 billion and US$920 billion accruing over the period 2015-2050. WWF recommends 30 per cent global coverage of MPAs by 2030 in order to secure the most complete benefits for people and the ocean.
Existing protected areas in regions like the Mediterranean, the Coral Triangle and coastal Africa, demonstrate how people can benefit from increased ocean protection. Locally managed marine areas in Fiji demonstrate that MPAs can reduce poverty, strengthen governance and benefit human health and gender equality.
“Real-world examples prove that marine protected areas work; solid economic analysis shows that they are well worth it. Increasing investment in protected areas is a wise choice for communities, governments, businesses and financial institutions interested in the bottom-line and securing a sustainable blue economy,” said Lambertini.
This year is particularly important for the ocean. In September, governments will meet to agree on a set of goals as part of the UN post-2015 sustainable development agenda. WWF's analysis recommends that the agreement include strong targets and indicators for the ocean, and commitments to coherent policy, financing, trade and technology frameworks to restore and protect ocean ecosystems. The global climate conference later in the year to forge a new global agreement on climate change is another critical opportunity to commit the action, resources, and leadership necessary that can contribute to ocean health.
The new analysis on marine protected areas is among WWF ocean research under discussion at this week’s World Ocean Summit 2015. WWF’s participation at the event, organized by The Economist in Cascais, Portugal, highlights the need to safeguard the ocean’s health and economic well-being and that protecting ocean habitat is an essential foundation of the blue economy.
WWF’s global ocean campaign, Sustain Our Seas, builds on decades of work by the organization and its partners on marine conservation. WWF is working with governments, businesses and communities to encourage leaders to take urgent measures to revive the ocean economy and protect the lives and livelihoods of billions of people around the world.
A fisherman holds his catch in Tun Mustapha Park, Kudat, Sabah.
© WWF-Malaysia / Mazidi Abd Ghani
Humpback Whales, (Megaptera novaeangliae) and whale watching boat, Hervey Bay, Queensland, Australia.
© Juergen Freund / WWF
Soft, corals, hard corals and anthias fish seen underwater in Fiji.
© Cat Holloway/ WWF
Infographic on benefits of MPA's.