What's Happening?
The Organisation for Economic Co-operation and Development (OECD) is set to address key priorities for a sustainable ocean economy at the Oceanology International 2026 event in London. The ocean economy, valued at approximately $2.6 trillion, supports
over 100 million jobs and contributes 3-4% of global GDP. Despite its growth, the ocean economy faces challenges such as climate change, biodiversity loss, and environmental degradation. The OECD's report, 'The Ocean Economy to 2050,' highlights strategic priorities including strengthening ocean governance, promoting technological innovation, and enhancing ocean data collection. Claire Jolly, lead of the Ocean Economy programme at OECD, will discuss these findings and the importance of innovation and global collaboration in sustaining ocean health and economic growth.
Why It's Important?
The ocean economy is a critical component of global economic and environmental health. As it faces mounting pressures from climate change and other factors, the need for sustainable management becomes increasingly urgent. The OECD's focus on innovation and collaboration aims to balance economic growth with ecological stewardship. This approach is vital for maintaining the ocean's role in supporting jobs and contributing to GDP. The event will bring together industry leaders to discuss strategies for sustainable growth, highlighting the importance of international cooperation in addressing global challenges.
What's Next?
Oceanology International 2026 will take place from March 10-12, 2026, at ExCeL London, featuring over 8,000 attendees and 500 exhibitors. The event will introduce a new coastal and shallow water exhibition zone and conference track. Claire Jolly will deliver a keynote address, emphasizing the role of technological innovation and ocean intelligence in driving sustainable growth. The OECD plans to release a new biennial publication, 'The Ocean Economy at A Glance,' in autumn 2026, providing updated statistics and analysis to support decision-makers in the public and private sectors.
