The ocean\u2019s wealth rivals those of the world\u2019s leading economies, but its resources are rapidly eroding, according to a new World Wildlife Fund (WWF) report. The analysis,\u00a0Reviving the\u00a0Ocean Economy: The Case for Action,\u00a0conservatively estimates the value of key ocean assets to be at least $24 trillion. If compared to the world\u2019s top 10 economies, the ocean would rank as the seventh largest, with an annual value of goods and services of $2.5 trillion.The report, produced in association with The Global Change Institute at the University of Queensland and The Boston Consulting Group (BCG), combines scientific evidence of environmental degradation with an economic case for urgent conservation action. Using an innovative economic analysis, the ocean\u2019s value is quantified based on assessments of goods and services ranging from fisheries to coastal storm protection, resulting in an overall asset value and an annual dividend output (comparable to a GDP).<\/p>\n","protected":false},"author":0,"featured_media":0,"template":"","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-253999","news","type-news","status-publish","hentry"],"acf":[],"yoast_head":"\n