🌊 Healthy oceans, healthy economies, healthy communities. The World Bank is transforming its ocean portfolio with the adoption of a 'Blue Economy' approach. It is defined as the sustainable use of ocean resources for economic growth, improved livelihoods, and job creation while preserving the health of ocean ecosystems. ☑️ A Blue Economy fosters low-carbon, resource-efficient growth that creates jobs and reduces poverty. As of FY24, the World Bank’s blue economy portfolio exceeded $10.5 billion in active projects, including in: sustainable fisheries and aquaculture; integrated coastal and marine ecosystem management; circular economy and solid waste management; sustainable coastal tourism; maritime transport; and offshore renewable energy. 👉🏼 Learn more: worldbank.org/problue [LINK IN BIO]⁠ ⁠ #blueeconomy #oceanresources #oceanprotection #cleanoceans #healthyoceans #oceanlife #marinelife #oceanconservation #marineconservation