It’s a relatively unstudied field compared with other forms of carbon sinks such as forests.
“The ocean and its resources, while vital to all life on earth, are currently misunderstood and neglected,” said Professor Callum Roberts at the University of Exeter in England, the lead scientist on the Seascape Survey.
The blue economy has already become a feature of sovereign debt markets after the Seychelles pioneered a blue bond in 2018.