If during this course, you caught yourself debating the feasibility of 30x30 in India due to financial reasons, you're not alone. This is a very common question that is essentially asking, is it economically worth it? The data and articles presented in today's module, are here to reassure you, YES!

Protecting 30% of the Planet for Nature: Economic Analysis - Campaign for Nature

This must-read report outlines how every $1 invested in protecting the ocean yields at least $5 in return!

We earlier learned that a true Marine Protected Area requires continued implementation of strict policies. Even though this may sound restrictive to fishing communities, MPAs actually benefit them in the long run. Find out more though this video.

https://www.youtube.com/watch?v=n6_JLZnQe6Y

The Blue Economy is a fast emerging sector of sustainable, ocean-driven economic opportunities. Read about how this can be implemented in India, and how it can create livelihood opportunities for communities impacted by COVID, with example of successful blue economies across the world.

Blue economy: An ocean of livelihood opportunities in India

After the pandemic, the centrality of the Blue Economy in recovery

Successful Blue Economy Examples With an Emphasis on International Perspectives

Finally, here's an interview that discusses the role of social equity in marine conservation.

A Call to Prioritize Social Equity in Marine Conservation - Blue Nature Alliance


That's all. Congrats! We hope you enjoyed today’s material! Think about at least one of the following questions and share your perspective on with us on our LinkedIn community!

Discussion Questions:

  1. Having learnt all of this, what do you think about the economic viability of this goal? Did a particular fact, statement or data stand out to you?
  2. When it comes to environmental concerns, do you think that publicly available and comprehensible economic and financial research to back up the solutions proves more effective in invoking a willingness to work towards them?

Additional (optional) resources on this topic that may interest you:

A Path to Creating the First Generation of High Seas Protected Areas

Seascapes Study: A Blueprint for Building Blue Economies