Oceans panel presses coastal states to invest in 'blue recovery'

Report says there are substantial economic benefits to be had from ocean conservation

Investing in the marine environment offers many coastal states the possibility of a blue recovery" from the coronavirus crisis, according to a report setting out substantial economic benefits from ocean conservation.

Ending overfishing and allowing stocks to recover while ensuring fish farms operate on a sustainable basis would generate benefits of about $6.7tn (5.3tn) over the next 30 years, according to an assessment of ocean economics by the High Level Panel for a Sustainable Ocean Economy.