I recently went diving among some of the amazing coral reefs of Indonesia. Their sheer beauty is beyond description, and their value is beyond calculation. But let’s try to put it in perspective. The World Wildlife Fund recently estimated that the total asset base of the ocean is valued at US$24 trillion, and the annual “gross marine product” is at least US$2.5 trillion. If the ocean were a country it would have the seventh largest economy in the world – larger than Brazil’s or Russia’s.
Source: If oceans were a country…