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This report includes an analysis of the raw economic value of the ocean, and foreshadows the losses we will incur if we continue on our current destructive trajectory. We believe the figures are a vast underestimate, and the economic assets at risk in the ocean are even more substantial than those presented here. The annual “gross marine product” (GMP) – equivalent to a country’s annual gross domestic product – is at least US$2.5 trillion; the total “asset” base of the ocean is at least US$24 trillion.