Center for the Blue Economy at Monterey
"Two-thirds of the world's GDP is produced in the ocean coastal zone. A center to focus on the particular economic and environmental challenges of this zone is long overdue." -Professor Jason Scorse
The new Center for the Blue Economy will leverage the amazing marine science resources in the Monterey Bay area and complement them with rigorous economic and policy analysis. It will offer graduate students a concentration in ocean and coastal resource management, and will also serve as research hub for efforts to quantify the economic value of ocean and coastal resources.
A $1 million gift from Robin and Deborah Hicks and the Loker Foundation will enable Monterey to launch the Center. The gift will support initial course development, a new faculty position, and research and internship opportunities for students.
More funding is needed to permanently endow the CBE and provide financial aid for aspiring marine policy professionals. Gifts to the CBE may be directed to the following areas:
Student internships and research assistantships
Three new faculty positions with research and development funds
Two visiting fellows in the National Ocean Economics Program
- Senior Research Fellows
Why locate the Center for the Blue Economy at the Monterey Institute?
The Monterey Institute is located in the epicenter of some of the world's premier marine science and policy institutions, in addition to being surrounded by protected natural areas long valued for their breathtaking beauty and economic value.
The Monterey Institute's robust and renowned International Environmental Policy program is prepared to expand its curricular offerings, research, and policy work on ocean governance and management. An innovative and interdisciplinary curriculum will bring together economics, law, business, science, and policy to give aspiring professionals the training they need to effect change. In addition, the Monterey Institute is already the home of the National Ocean Economics Program, which already offers influential data and analysis to government leaders.
Over the past decade, our International Environmental Policy program has graduated dozens of students with an emphasis on marine policy. Many of our students have won prestigious Sea Grant Fellowships and gone on to leadership positions in marine policy organizations around the world, such as the National Oceanic and Atmospheric Administration and the World Wildlife Fund. We are leaders now; with dedicated resources, we can offer world-class training.
What does the Center for the Blue Economy offer students?
A Rigorous and Relevant Academic Program
To make a difference on the international stage today, global marine policy professionals must be trained to navigate an extremely complex web of marine laws and treaties, economic trends and incentives, and political dynamics. They must know cutting-edge science, but they must also understand law, politics, and business. A concentration in Ocean and Coastal Resource Management will impart a sophisticated understanding of institutional processes and teach practical skills across the social and natural sciences.
A Widely Respected Research Arm
A "think and do tank" housed at the Center will seek to demonstrate the value of ocean and coastal resources and ensure that these valuations are incorporated into policy and business decision. This research arm will carry on the study of critical ocean problems currently being conducted by the National Ocean Economics Program, already located at the Monterey Institute. In addition to building on the work of the Program, the Center for the Blue Economy will support research on coastal zone management to improve ocean health and mitigate the impacts of climate change.
What does the Center for the Blue Economy offer the world?
The Center for the Blue Economy is a hub of "blue" research and action, and trains a new generation of marine policy professionals to find solutions to some of our most pressing environmental and economic problems.