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Panelists say federal investment multiplies economic value of the blue economy
Summary
Tribal leaders, shellfish farmers and fishing-industry advocates told a Washington, D.C. panel that federal programs and science investments boost jobs, habitat restoration and commercial and recreational fisheries, citing global and U.S. blue-economy estimates and specific program needs.
A Washington, D.C. panel of tribal leaders, shellfish growers and fishing-industry advocates told attendees that federal investments in habitat and fisheries programs produce large economic and environmental returns for the U.S. "blue economy." Moderator Elizabeth opened the discussion by citing a World Economic Forum projection that the global blue economy will be worth about $3.3 trillion in 2026 and an estimated $825 billion contributed in the United States; she also referenced a working figure of roughly $18 billion per year in federal investment across agencies such as NOAA and EPA.
"For every $1 of a federal investment, we're…
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