Applying Economic Analysis to Marine Spatial Planning

Marine Spatial Planning (MSP) is a key element of these efforts, yet it rarely includes a comprehensive analysis of the economic impact that interventions will have on the ocean and its wide range of stakeholders. This paper argues that adding robust economic analysis to the MSP process will increase buy-in, foster livelihoods, attract finance, and advance the long-term Blue Economy objective of protecting the ocean’s underlying resources and ecosystems.