This report can help Member States deliver sustainable growth for their maritime economies. It provides Member States with practical guidance in distinct aspects of MSP.
“The European Commission needs to adopt a strong industrial and manufacturing policy based on reciprocity, otherwise our European maritime technology industry won’t survive competition from Asian shipyards,” warned Marian Krzaklewski, rapporteur of the EESC opinion on the LeaderSHIP strategy, adopted at its plenary session on 19 April
At the World Ocean Summit taking place in Mexico, the Commission launched in partnership with the European Investment Bank, the Prince of Wales’s International Sustainability Unit and WWF the Sustainable Blue Economy Finance Principles.
Today at The Economist World Ocean Summit, the Sustainable Blue Economy Finance Principles were unveiled. The Principles were developed through a broad consultation led by the European Commission, WWF, the Prince of Wales’s International Sustainability Unit and the European Investment Bank (EIB). If widely adopted, these principles could help transform the way in which humanity manages ocean resources; showing how profitability can go hand-in-hand with environmental and social stewardship.
The EU’s 2013-2020 Atlantic Action Plan has spurred over 1200 new maritime projects and nearly 6 billion euro of investments so far, according to an independent consultant tasked by the EU to take stock of the initiative at mid-term. Most of the projects target environmental protection and innovation, as well as improved connectivity and social inclusion.