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Ocean accounts as an approach to foster, monitor, and report progress by Tainã Gonçalves Loureiro, Ben Milligan et al

Ocean systems are changing due to natural and anthropogenic processes. Ocean resource use is changing as coastal nations have emphasised the opportunity to advance ocean activities to foster economic growth and food, energy, and job security, facilitated by new technologies. The expansion and diversification of ocean-dependent activities increase pressures on the ocean. To ensure current and future opportunities arising from ocean resource use activities, it is critical to prioritise the sustainable development of ocean activities, balancing and bridging ocean health, wealth, and the equitable distribution of opportunities. Historically, economic indicators guide economic expansion, investment, and strategic planning. However, such monetary metrics provide limited information on resource-use sustainability or income distribution, benefits and costs (sectoral inclusivity), hampering their utilisation for environmental and societal decision making. Accordingly, accounting systems that go

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