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Résumé :
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In this report we have used two key concepts 1) ‘gross marine product’ (GMP), which can be compared to a country’s annual gross domestic product (GDP), and 2) ‘shared wealth fund’ which represents the total “asset” base of the ocean, to illustrate the economic value of the Mediterranean Sea which directly relies on healthy ocean assets. Our analysis demonstrates that ocean-related activities in the Mediterranean Sea generate an annual economic value of US$450 billion, which compared to the regional GDPs, makes it the fifth largest economy in the region after France, Italy, Spain and Turkey. This value represents about 20% of the world’s annual GMP,1 in an area which makes up only 1% of the world’s ocean. Furthermore the economic assets of the Mediterranean Sea are conservatively valued at a staggering US$5.6 trillion. Although these figures are impressive, they only partially demonstrate the significance of the Mediterranean Sea, as the intrinsic value of biodiversity and the numerous intangible benefits of a healthy sea cannot be adequately reflected in economic terms. The population in the region is expected to grow, as will most of the economic activities. We must therefore take advantage of the window of opportunity still open to us today to reset the agenda, before the shared wealth fund of the Mediterranean Sea is driven to collapse by unsustainable development. To this end, urgent action and strong leadership at local, national and regional levels are needed to mitigate the impact of decades of heedless human activity. We propose six strategic priorities to achieve a sustainable economic model in the Mediterranean, all of which build upon the United Nations’ Sustainable Development Goals (SDGs):
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