Ocean economy needs protection against wave of threats: OECD | International Trade News

The ocean economy doubled between 1995 and 2020, but future growth could be curtailed by multiple threats.

The global ocean economy is at risk of major disruption without increased protection, according to the Organisation for Economic Co-operation and Development (OECD).

The global ocean economy had grown to a size of $2.3 trillion by 2020, the OECD said in a report issued on Monday, as it called for action to improve sustainability.

Climate change, environmental degradation, lagging…