Abstract
This Practitioner Summary identifies and examines the ethical values and principles that underpin the Blue Economy.
Ethical values and principles refer to types of acts or qualities of outcomes that are morally important. Ethical values and principles are relevant to practitioners because they can:
- guide operations to better achieve benefits while avoiding wrongdoing.
- inform government policy, law and regulation.
- help justify and explain decisions and actions.
- shape expectations, ensuring that government, industry and community have shared standards.
Different ethical principles can be important to different industries. This project identified nineteen specific ethical values relevant to the Blue Economy, and from these derived six overarching ethical principles that should guide Blue Economy activities.