Read The Times Australia

Daily Bulletin

Melanesia's oceans are worth US$5.4 billion but are at environmental crossroads

  • Written by: Tyrone Ridgway, Healthy Oceans Program Manager, Global Change Institute, The University of Queensland

Earth is distinguished from all other known planets by the presence of a warm, salty ocean that covers over 70% of its surface. The ocean puts food on the table, provides jobs, and underpins trillions of dollars of economic activity worldwide.

In a new report for the WWF, we looked in particular at how Melanesia’s ocean economy is fairing. Melanesians - the people of Fiji, New Caledonia, Papua New Guinea, Solomon Islands and Vanuatu - have a strong social and cultural dependency on the sea.

Faced with looming global challenges such as climate change and food security, the region is a now at a crossroads.

Why is Melanesia’s ocean important?

Based on conservative estimates, the annual “gross marine product” of the Melanesian region – the equivalent of a country’s annual gross domestic product (GDP) – is estimated to be at least US$5.4 billion. This is broadly equivalent to the combined GDPs of Fiji and the Solomon Islands, making it the third largest economy in the region.

Melanesia’s ocean assets, including fisheries and marine habitats, as well as “services” such as coastlines and carbon absorption, are valued at a minimum of US$548 billion.

image Ocean assets provide a range of valuable goods and services, including food and raw materials, income, energy, tourism, recreation, cultural practices, protection from storms, and climate regulation. Maintaining healthy ocean assets is therefore vital for the future of the Melanesian region. However, it is becoming increasingly clear that Melanesia’s ocean and its precious assets are under mounting pressures. These changes will have implications for the environment, food security, employment and the well-being of human communities both within the region and beyond. In some isolated circumstances, eroding the ocean assets of Melanesia may lead to short-term benefits for certain places and people. However, any positive changes are likely to be short lived and specific to one country or another. For instance, declining catches for some species of tuna are already predicted for Papua New Guinea and the Solomon Islands by 2035. Climate change will add to the challenge. Future climate projections include rising air and sea surface temperatures, increases in annual and seasonal rainfall, increasing intensity of tropical cyclones, rising sea levels and increasing acidity of the ocean. Reports of coral bleaching, fish kills and severe Tropical Cyclone Winston that affected the Melanesian region this year, coupled with high rates of sea-level rise are a clear reminder of the difficulties the region faces amid a rapidly changing climate. Melanesia at the crossroads Melanesian leaders are now faced with two pathways for the management of its marine resources and securing ecological and economic prosperity. The first is the current trajectory of increasing pressure on ocean assets coupled with inadequate policy and/or action. This pathway will lead to a degraded future in which opportunities for the inhabitants of the Melanesian region will be significantly diminished. The second trajectory is to move towards a sustainable and inclusive blue economy. Such an approach will ensure that coastal assets contribute to the true prosperity and resilience of the Melanesian region long into the future. The oceans and coastal ecosystems are vital to life on Earth, and achieving the UN’s Sustainable Development Goals (SDGs) without the services the oceans provide will be challenging, if not impossible. While Goal 14 focuses specifically on the ocean, a sustainable and inclusive blue economy will incorporate and build strategies that are important to meeting many of the other SDGs. This priority is interlocked with other international priorities, such as achieving a safe climate through the recent Paris Agreement. image A local man dives for trochus on Tetepare, Solomon Islands. Healthy and resilient oceans are essential for the sustainable development of small island developing states. © James Morgan / WWF, Author provided It would also provide social and economic benefits for current and future generations by contributing to food security, reducing poverty, livelihoods, income, employment, health, safety, equity and political stability. In addition, it would also restore, protect and maintain the diversity, productivity, resilience, core functions and intrinsic value of marine ecosystems – the natural capital upon which its prosperity depends. Ways forward Pacific leaders have already generally acknowledged the importance of working together across the region. Examples include work on inshore fisheries management and sustainable development. There have been some successes such as the Vessel Day Scheme, which limits the number of days that fishers can fish, and community coastal management such as locally managed marine areas. These are helping to guide spatial planning and integrate conservation and sustainable use of marine resources. In light of Melanesia’s eroding ocean asset base, the new report acknowledges the commitments already made and sets out a clear set of measures that Melanesian leaders can adopt. These build on traditional environmental stewardship to protect the region’s natural coastal and ocean assets. While our new report puts the spotlight on Melanesia and presents an economic case for greater management, the perspectives are equally applicable to the Pacific region as a whole, given that the ocean connects the island nations, rather than separates them. The economic analysis for this report was led by The Boston Consulting Group (BCG). This article was coauthored by John Tanzer (Oceans Leader WWF International), Kesaia Tabunakawai (Representative WWF-Pacific), and Paul Gamblin (Oceans Communications WWF International).

Authors: Tyrone Ridgway, Healthy Oceans Program Manager, Global Change Institute, The University of Queensland

Read more http://theconversation.com/melanesias-oceans-are-worth-us-5-4-billion-but-are-at-environmental-crossroads-67545

Business News

The Rise of Digital Marketplaces in the Australian Trade Sector

For decades, the Australian trade and construction sector operated almost entirely on word-of-mouth recommendations and local community networks. Small business owners typically relied on local newspa...

Daily Bulletin - avatar Daily Bulletin

How Immigration Lawyers Can Help

Introduction Visa decisions can shape employment, family life, study plans, travel, and future residence. A small omission can lead to delay, added expense, or refusal. Immigration lawyers assess l...

Daily Bulletin - avatar Daily Bulletin

How Industrial Drying Equipment Supports Efficient Processing

Many industrial processes require moisture to be removed from compressed air, products or process materials before they move to the next stage. Excess moisture can affect equipment performance, produc...

Daily Bulletin - avatar Daily Bulletin

Practical Ways a Whiteboard Can Improve Workplace Communication

Effective communication helps teams stay organised, share ideas and keep track of important information. While digital tools are now common in many workplaces, a whiteboard continues to provide a simp...

Daily Bulletin - avatar Daily Bulletin

Designing Eco-Friendly Custom Water Bottles for Your Next Event

The Evolution of Sustainable Event Merchandise Event planning has undergone a massive transformation over the last decade. Gone are the days when organizers could hand out cheap, single use plastic...

Daily Bulletin - avatar Daily Bulletin

Why Choosing a Professional Florist Melbourne Makes Flower Delivery Impactful

Flowers have a great power to speak when humans cannot express their feelings with right words. Flowers are the best gifts when you are celebrating a birthday or welcoming a newborn child into your fa...

Daily Bulletin - avatar Daily Bulletin

The Business Case for Choosing Australian Fabricators Over Imported Alternatives

For a long time, you might have defaulted to overseas suppliers when sourcing fabricated metal components for a project. The unit price was lower on paper, and the maths seemed straightforward. That...

Daily Bulletin - avatar Daily Bulletin

Australian organisations are relying on business continuity plans built for a far more predictable world

Tariff escalations, supply chain fragility, geopolitical events, and the ongoing threat of cyber disruption have reshaped the risk environment facing Australian organisations. The problem is that ma...

Daily Bulletin - avatar Daily Bulletin

How to Rent a Car for Uber in Melbourne: What Every New Driver Needs to Know

Starting out as an Uber driver in Melbourne is not as complicated as it sounds but getting the vehicle right is where most new drivers get stuck. Uber has strict requirements around vehicle age, condi...

Daily Bulletin - avatar Daily Bulletin

The Daily Magazine

How Labour Gaps Delay Residential Building Projects

A residential build rarely stalls because of one dramatic event. More often it stalls because the ri...

Reducing Sales Content Management Complexity Through Structured Systems

Sales content can quickly become difficult to manage as a business grows. Product descriptions, pitc...

Stainless Steel Supplier: Finding the Right Materials for Your Project

Why the Choice of Supplier Matters The supplier you choose can affect the quality and progress of...

What Luxury Watches Actually Hold Their Value in 2026 (Spoiler: It's Not What You'd Guess)

Ask ten people which watches are a "good investment" and you'll get ten confident answers, most of...

Suburb by Suburb, How Sydney’s Housing Styles Shape Bathroom Renovation Choices

Sydney is not one city when it comes to renovating a bathroom, it is about a dozen different ones ...

Breaking Into Sales and Customer Service Jobs in Tucson: What You Need to Know

Tucson, Arizona has quietly become one of the Southwest's most dynamic job markets, particularly f...

How to Transform Your Daily Work Ute Into a Weekend Touring Rig

In 2025, Australians purchased a record 1.24 million new vehicles, with the Ford Ranger and Toyota...

Why Dental Tourism in Mumbai is the Smart Choice

Dental tourism in Mumbai is gaining more attention in recent times. Mumbai is not only the financi...

South African Consular Services Expand to Six Australian Cities

South Africans living in Adelaide, Brisbane and Canberra will now be able to access passport, identi...