Executive Summary of "Building the Blue Innovation Pipeline: Lessons Learned from the United States and Sweden".
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Author
Jordan, StephenDate
2023
Metadata
Show full item recordAbstract
While there are many exciting innovations taking place in the “blue” (water-based) economy, the findings of this study indicate that more investment in research and development (R&D) is economically justified. In fact, blue R&D is underfunded by at least 112% compared to worldwide benchmarks. Even if an additional $30-50B (billion) in global funding for R&D reduced the future risks of water environments and increased the economic rewards of water-based industries by just 10%, this would still deliver $183B worth of economic benefit and enhanced environmental protection.Publisher or University
Institute for Sustainable DevelopmentResource/Dataset Location
https://www.isdus.org/green-and-blue-innovation