The Baltic Sea region need a new approach to remain sustainable and build a prosperous economy. This report maps a way forward. It introduces the concept of “Blue Economy” — now spreading rapidly throughout the world — and describes how a sustainable Blue Economy can flourish in the Baltic Sea Region. It presents a set of Principles for a Sustainable Blue Economy to guide development, and it assesses the region’s current status and trajectory relative to these Principles.
The report All Hands on Deck: Setting Course to a Sustainable Blue Economy in the Baltic Sea Region looks at the sea’s economic and environmental situation through the lens of a “SWOT” analysis — strengths, weaknesses, opportunities and threats — that is based on the Principles, and it proposes a set of action steps to realize this singular opportunity: the chance to create a global model of prosperity and environmental stewardship in the Baltic Sea region’s maritime economy.