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Market Pulse

Market Pulse July 2015

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The “Blue Economy” approach has broad relevance as the Oceans, including humankind’s common heritage of the High Seas, represent in many respects the final frontier for humanity and its quest for sustainable development. Coastal and Island developing countries have remained at the forefront of this Blue Economy advocacy, recognizing that the oceans have a major role to play in humanity’s future and that the Blue Economy offers an approach to sustainable development better suited to their circumstances, constraints and challenges.