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Nautical tourism, also called water tourism, is tourism that combines sailing and boating with vacation and holiday activities. It can be travelling from port to port in a cruise ship , or joining boat-centered events such as regattas or landing a small boat for lunch or other day recreation at specially prepared day boat-landings.
This can include a wide range of economic sectors, from the more conventional fisheries, aquaculture, maritime transport, coastal, marine and maritime tourism, [1] or other traditional uses, to more emergent activities such as coastal renewable energy, marine ecosystem services (i.e. blue carbon), seabed mining, and bioprospecting.
The text of Target 14.7 of Sustainable Development Goal 14 states: "By 2030, increase the economic benefits to small island developing states and least developed countries from the sustainable use of marine resources, including through sustainable management of fisheries, aquaculture and tourism".
In 2001, Murray Rudd studied the economic impact of spiny lobsters – or lack thereof – on scuba diving. Rudd concludes that "there is justification for placing some positive non-extractive economic value on spiny lobsters", as scuba divers were inclined to pay more for marine tourism if given the guarantee that such lobsters would be present.
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
Marine Resource Economics is a quarterly peer-reviewed academic journal covering the economics of natural resource use in the global marine environment. It is published by the University of Chicago Press in affiliation with the North American Association of Fisheries Economists and the International Institute of Fisheries Economics and Trade.
A study on diving tourism in East Africa showed that the major environmental risks for that region are overfishing and marine pollution. The economic risks are mainly price inflation and recessions, the social risks include global disease epidemics and international crime, and political instability and onerous visa regulations are the major ...
The most commonly used definition of marine spatial planning was developed by the Intergovernmental Oceanographic Commission (IOC) of UNESCO: Marine Spatial Planning (MSP) is a public process of analyzing and allocating the spatial and temporal distribution of human activities in marine areas to achieve ecological, economic and social objectives that have been specified through a political ...