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EU Blue Economy Observatory
News article16 August 20231 min read

European Investment Bank promotes ocean and blue economy initiatives

Several projects aimed at improving the seas and the blue economy are being backed by the European Investment Bank (EIB).

These include:

Furthermore, the EIB and the Asian Development Bank signed a memorandum to set up the Clean and Sustainable Ocean Programme, which aims to support initiatives on sustainable oceans and the blue economy in the Asia-Pacific

The Clean Oceans Initiative was also launched to provide more lending to the public and private sectors for projects that reduce the discharge of plastics into the oceans.

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Publication date
16 August 2023