Paper summary generated by OpenAI: This paper provides a comprehensive overview of the concept of the “blue economy,” highlighting its potential to promote sustainable development while addressing environmental challenges. The authors critically examine the promise and pitfalls associated with blue economy initiatives, utilizing a multidisciplinary approach that integrates economic, ecological, and social perspectives. Through case studies and empirical analysis, the findings reveal both the opportunities for innovation and the risks of overexploitation of marine resources. The paper concludes with recommendations for policymakers to ensure that blue economy strategies are implemented sustainably and equitably.