To expand the ocean economy to create jobs and economic growth while achieving global targets set for ocean health, ocean policy should account for the value of the services dependent on marine ecosystems. The Nicholas Institute's Ocean and Coastal Policy Program supports decision makers in exploring policies that better align ocean economic growth and health, identifying and securing financing for conservation of coastal habitats that sequester so-called blue carbon, and contributing to the Marine Ecosystem Services Partnership.
The Marine Ecosystem Services Partnership (MESP) works to help society identify and sustainably manage the globe’s ocean and coastal ecosystems for the benefit of people and society. It strives to provide up-to-date, easily accessible data about human uses of marine ecosystem services across the globe for policy makers, environmental managers, researchers, and marine ecosystem stakeholders.
The Institute works with partners such as the Center for the Blue Economy to support governments to develop integrated ocean management policies, based on measurement of the ocean economy and ecosystem services, and blue economy concepts and scenarios. The Nicholas Institute a