article_snippet.sent: However, I am not referring to one of the G8 economies, but to the Ocean Economy.
article_snippet.sent: The health and wealth of Ocean are assessed in a WWF report released Thursday, Reviving the Ocean Economy.
article_snippet.sent: a WWF report released Thursday is the result of a hard economic analysis performed by The Boston Consulting Group built on a foundation of the latest ocean science provided by the Global Change Institute of the University of Queensland.
article_snippet.sent: True, the enormity of Ocean can complicate any single appraisal.
article_snippet.sent: The fact is that Ocean feeds us, employs us, offers protection and plays a direct role in the lives and livelihoods of people throughout the world.
article_snippet.sent: Ocean also provides intangible but essential services to humanity, such as climate regulation and oxygen production, that are difficult to put in monetary terms.
article_snippet.sent: And while we all may look at Ocean from different perspectives, no one can escape the fact that no one is a shared resource that provides for each and every one of us.
article_snippet.sent: A figure that may get lost in the headlines generated by our report is perhaps most telling: Seventy percent of Ocean's overall economic value relies on Ocean continued health.
article_snippet.sent: Ocean assets like fisheries, coral reefs, mangroves and seagrasses that produce goods and services rivaling the world's top 10 economies will lose Ocean assets like fisheries, coral reefs, mangroves and seagrasses that produce goods and services value if we continue to over-exploit and outright destroy Ocean assets like fisheries, coral reefs, mangroves and seagrasses that produce goods and services.
article_snippet.sent: For example, 90 percent of the world's fish stocks are either fully exploited or over-exploited.
article_snippet.sent: By 2050 -- only a few decades from now -- it is possible that Ocean could lose Ocean coral reefs, which have already been halved in the last few decades.
article_snippet.sent: This isn't just a concern for dive enthusiasts, but to the hundreds of millions of people that rely on ocean resources for the hundreds daily meals and the hundreds weekly paychecks.
article_snippet.sent: Ocean is truly too big to fail.
article_snippet.sent: The loss of Ocean's critical habitats and species would have a devastating ripple effect on global food security and economies that no government bailout could salvage.
article_snippet.sent: Fortunately, this report identifies actions that would revive the ocean economy, three of which are critical this year.
article_snippet.sent: First, the international community must rally around a set of sustainable development goals that clearly reflect the link between the environment -- including the ocean -- and human well-being.
article_snippet.sent: The economic case for why Ocean is so critical to livelihoods around the world is clear, and we will not be able to plead ignorance if we collectively preside over the collapse of the ocean economy.
article_snippet.sent: Reviving the ocean economy is dedicated to helping us avoid that outcome, but the ocean economy will require political vision and courage among policymakers.
article_snippet.sent: All this said, and as terrifying as it is that the deterioration of Ocean's health has been the ocean's health fastest in millions of years, there is actually some (potential) good news: If we act swiftly and with determination, marine resources can recover -- and recover quickly.
article_snippet.sent: Many local examples -- from the Mediterranean to the Mozambique Channel, from the Fiji archipelago to the Arctic -- show us that conservation, restoration and sustainable-use approaches mean Ocean, and the people who depend on Ocean, can both prosper.
article_snippet.sent: Ultimately, the ocean bridges continents, connects cultures and offers equal opportunity inspiration
highlights_snippet.sent: Ocean economic powerhouse valued at $24 trillion: WWF report .
  
highlights_snippet.sent: Ocean plays direct role in livelihoods across globe .