The European Commission and EIB Group join forces to protect the oceans and boost investment in the sustainable blue economy

The European Commission and the European Investment Bank Group, composed of the European Investment Bank and the European Investment Fund (EIF), announce increased cooperation to implement the new EU Sustainable Blue Economy policy. Both institutions will work jointly with the EU Member States to meet existing financing needs to reduce pollution in European seas and support investment for blue innovation and blue bio-economy. “There can be no Green Deal without a sustainable blue economy. Oceans are an incredible resource of renewable energy, food, and innovative medicines and solutions, and host many economic activities constituting the blue economy. But our seas…

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