Quaterly bulletin on a research funding
European Union for better governance of the oceans
More than six billion euros committed by public and private actors to better manage our oceans at European Union-hosted conference in Malta.
The European Commission has announced over €550 million of EU-funded initiatives to tackle global oceans challenges, at the Our Ocean Conference 2017 in Malta, co-hosted by High Representative/Vice-President Federica Mogherini and Karmenu Vella, Commissioner for Environment, Maritime Affairs and Fisheries.
The commitments announced in Malta made by the Commission and by other public and private actors from 112 countries around the world reached over €6 billion. The resources will be invested to strengthen the fight against marine pollution and enlarge protected areas, reinforce security of the oceans, foster blue economy initiatives and sustainable fisheries and intensify the EU efforts against climate change, in line with the Paris Agreement and the Sustainable Development Goals under Agenda 2030. Participants also announced the creation of new Marine Protected Areas spanning more than 2.5 million km², or more than half the size of the entire European Union.
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