Business · Economy · 5 hrs ago

UNAM economists urge Mexico to develop its marine economy sustainably

UNAM economists urge Mexico to develop its marine economy sustainably

UNAM economists say Mexico has not turned its marine resources into broad economic development despite coastlines on the Atlantic and Pacific.

The country's blue economy accounts for less than 0.5% of its economy, according to researcher Clemente Ruiz Durán.

The economists say sustainable use of the seas could create industries, jobs and better living conditions while protecting marine and coastal ecosystems.

They propose adding ocean-related activities to Mexico's industrial policy, including shipbuilding, fishing, aquaculture, marine biotechnology and ocean energy.

Coastal states such as Chiapas and Oaxaca could gain jobs, including alternatives to informal work.

The proposals also include using marine resources to develop medicines, treatments and new foods, and linking the effort with Mexico's industrial, trade and environmental plans.

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Lorena Rodríguez LeónDirector of UNAM’s Faculty of Economics
The transition toward a more sustainable economy must also represent an opportunity to strengthen our productive structure, develop new technological capabilities and create better living conditions for the population.
via El Universal