Socio-economics

 

The marine environment contributes a tremendous amount to the social and economic prosperity of society with millions of people around the world depending upon the oceans for a diverse array of resources and services. Not only does the marine environment provide direct benefits, such as food, recreation and raw materials, but also indirect benefits, such as nutrient cycling, climate regulation, cultural heritage and identity.

 

Socio-economics concerns research evaluating the drivers behind current and future patterns of resource use by investigating the social and economic impacts of marine-related activities. By understanding the socio-economics of the ocean, environmental concerns can be integrated morefully into the decision making processes and trade-offs between economic, social and environmental objectives can be appreciated. PML Applications' team includes socio-economists working closely with Plymouth Marine Laboratory's socio-economics team and alongside its natural scientists.