Quaterly bulletin on a research funding in the field on water protection
The potential of the sea is at the heart of the efforts to promote the delivery of blue growth. The European Commission has set out its approach for a partnership for democracy and shared prosperity with the southern Mediterranean, with particular emphasis on the promotion of inclusive economic development and enhancing sectoral co-operation. The total financial support channelled to the Southern Neighbourhood of the Mediterranean between 2007 and 2012 has reached €7, 48 billion. The EIB has stepped-up its support for the region under the Facility for Euro-Mediterranean Investment and Partnership (FEMIP). Between late 2002 and 2012, EIB has provided more than EUR 13 billion in financing Mediterranean partner countries and mobilised roughly EUR 35 billion of additional capital together with international financing institutions, bilateral agencies and the private sector in order to advance the integration of the region. The IMO has a worldwide mandate to provide for the adoption of the highest practicable standards in maritime safety, security, efficiency of navigation and prevention and control of marine pollution caused by ships.