The ocean economy has long been a powerful driver of global growth, creating jobs, fuelling development, and ensuring food security for millions worldwide. If the ocean economy were a country, it would be the fifth largest economy in the world. However, climate change, environmental degradation, lagging productivity, and slow digital transformation are intensifying pressures on marine ecosystems and economic potential. Tackling these challenges requires bold, co-ordinated action, not only to safeguard marine ecosystems but to sustain the ocean economy as a source of prosperity for future generations.