& Events

€1 billion worth of commitments to protect the ocean

Apr 14, 2022 | News

(14 April 2022) – Today, at the Our Ocean Conference (OOC) in Palau, the European Union presented a list of 44 commitments for the 2020-2022 period for an amount of almost €1 billion.

© U.S. Department of State

The EU has taken commitments covering all the themes of this international event: marine protected areas; tackling marine pollution; confronting the ocean-climate crisis; creating sustainable blue economies; advancing sustainable small-scale fisheries and aquaculture; and achieving a safe, just and secure ocean.

The EU has also developed a commitment tracking tool to allow citizens to follow the progress of the implementation of the commitments.

Almost €500 million over the period 2021-2023 will go to research, development and innovation in seed funding (i.e. funding to start a business) for the Horizon Mission ‘Restore our Ocean and Waters by 2030′.

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