15.02.2017

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This report finds the Western Indian Ocean assets regions are valued in billions, but foreshadows significant challenges for the region’s ocean-based economies and food supplies in the absence of stronger conservation actions.

Analysis of ‘Reviving the Western Indian Ocean Economy: Actions for a Sustainable Future’ a recently released report show that the leaders of the Western Indian Ocean face a clear and urgent choice. To continue with business-as-usual, overseeing the steady decline of ocean assets; or to seize the moment to secure the natural ocean assets that will be crucial for the future of fast-growing coastal communities and economies.

The report released in January 2017, is the result of an in-depth, joint assessment by The Boston Consulting Group (BCG), CORDIO East Africa and WWF. It combines a new economic analysis of the region’s ocean assets with a review of their contribution to human development.

The Western Indian Ocean region described in this report includes Comoros, France, Kenya, Madagascar, Mauritius, Mozambique, Seychelles, Somalia, South Africa and Tanzania – a mix of mainland continental and island states. The report shows that the region’s most valuable assets are fisheries, mangroves, seagrass beds and coral reefs.

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