"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 the Institute 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