“…All four lenses promoted the practice of quantifying the value of the natural capital provided by the oceans, and the 'oceans as good business' lens particularly focused on valuation of the ocean sectors and industries (the ocean economy). Despite criticisms of this approach as a form of neoliberalization of nature (Castree, 2010), proponents argue that quantification of use and non-use values provides a common language to assist in informing management actions, including spatial planning, and trade off decision making, as well as providing a means of more accurately accounting for the true cost of externalities (C. S. Colgan, 2016;Ebarvia, 2016;Mulazzani and Malorgio, 2017;Patil, et al, 2016). They argue it also provides an important tool to drive conservation through, for example, payment for ecosystem services such as carbon sequestration, or Blue Carbon (Lau, 2013;Siikamäki, Sanchirico, Jardine, McLaughlin, & Morris, 2013;Warner, et al, 2016).…”