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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.
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.
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".
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.
Shark tourism opened up a beneficial economic opportunity all over the globe. This helps the poverty stricken areas of the Bahamas, Moorea, Maldives, Australia and many more places around the globe. A study done in French Polynesia concluded that a single reef shark is worth US$100,000 a year compared to the $100 an individual may receive for ...
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 ...