Funding Boost for Western Australia’s Blue Economy
Western Australia’s blue economy has received more than $2.6 million in funding over three years to support marine science.
The funds will go to the Western Australian Marine Science Institution to support the implementation of The Blueprint for Marine Science, which will guide long-term collaboration between all sectors operating in the marine environment.
The Blueprint will establish Western Australia as a hub for global marine science and support industry, community and government activities off our coast.
Australia’s blue economy is expected to be worth $100 billion by 2025. It encompasses many activities for economic growth, including renewable energy, tourism, fisheries, oil and gas, and maritime transport – balanced with the need to ensure the ongoing health of our oceans’ ecosystems.
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