United Nations Development Programme (UNDP)
The blue economy is an approach put forward by the international community to take into account the health of the oceans and seas as we strive to balance the three dimensions of sustainable development: economic, social and environmental. This concept promotes economic growth, social inclusion and improved livelihoods at the same time as ensuring the environmental sustainability of oceans and seas. It defines a new paradigm of ocean economy, one that is in balance with the long-term capacity of the assets, goods and services of marine ecosystems, and that considers social inclusiveness.