From food supply, marine tourism, resource extraction, and blue carbon, the ocean provides various benefits to the social economy. Hence, the blue economy, which consists of economic actors, policy instruments, and regulatory systems related to the ocean, is attracting increasing efforts to conceptualize it. However, its definition is not univocal. Further, qualitative analysis is needed to elicit useful policy recommendations. Through a literature analysis, this chapter analyzes the blue economy framework, considering the impact of wastewater from the fisheries, fish processing, and tourism industries on fishery resources. Further, global warming due to the blue carbon degradation may have undesirable effects on the blue economy itself. Meanwhile, transferable individual quota (ITQ) policies indirectly negatively impact fishery resources through contaminated water. Furthermore, rent-seeking for IQTs may also degrade the blue carbon. Hence, an environmental policy dimension is added to fisheries policy, thereby linking the environmental Kuznets curve and the pollution haven hypothesis. This new concept implies that international environmental conflicts reduce blue carbon, owing to inappropriate resource management. Theoretical and empirical analyses supporting these interdependencies are expected to assist in identifying fisheries management and climate change mitigation measures to mitigate this conflict.