By Mas Achmad Santosa and Januar Dwi Putra

The Jakarta Post-July 11

The ocean provides humans with many valuable live-sustaining resources. Its global economic value of US$24 trillion dwarfs the largest sovereign wealth funds owned by Norway, the United Arab Emirates, Saudi Arabia and China, which total $3.1 trillion, according to the World Wide Fund for Nature (WWF) and Boston Consulting Group in 2015. The ocean’s economic value derives from marine living resources at $6.9 trillion, shipping lanes at $5.2 trillion, the productive coastline at $7.8 trillion and carbon absorption at $4.3 trillion.

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