RESCUE, part 20: How to Account for an Ocean Economy | World Ocean Radio

June 11, 2023

Redefining Sustainability: Ocean's Path to Change

This week the multi-part RESCUE series continues with a breakdown of a 2020 Report by the World Resource Institute High Level Panel for Sustainable Ocean Economy that offered some revised definitions and pathways toward a more sustainable future, including three fundamental questions as a framework for change: 1. How will a decision change the wealth on an ocean balance sheet, including all produced assets? 2. How will a decision change net national income or welfare, and how will those changes be distributed between different groups of people? and 3. How will the decision change ocean-based economic production and create new means to achieve social and economic goals?

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Peter Neill

Peter Neill is an author and an editor on environmental and ocean issues, and the founding Director of the World Ocean Observatory, a web-based place for education and information exchange on the health of the ocean. Previously President of the South Street Seaport Museum from 1985-2005, he was tenured as a research associate at the Climate Change Institute, University of Maine in 2015. Neill lives in Sedgwick, Maine, with his wife Mary Barnes, who is an artist and President of the Blue Hill Heritage Trust.