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In talking about “Good Governance for Sustainable Marine Development” it is critical to have a clear understanding of the status and trends in economic use of marine space and resources – as well as the potential new kinds and areas of use. Achieving a balance between ’blue’ growth, jobs, and a sound maritime environment will largely be based on addressing the opportunities and challenges facing the diverse, extensive set of existing ocean activities outlined below. Success in improving ocean governance and sustainable marine development will require coordinated leadership and collaboration by the diverse ocean business community. The World Ocean Council providing industry leadership in “Corporate Ocean Responsibility” is essential to navigate this critical juncture and ensure both the long term health of the ocean and responsible industry use of space and resources.