ATHENS: The European Union will spend 3.5 billion euros ($3.71 billion) to guard the ocean and promote sustainability by a collection of initiatives this 12 months, the EU’s prime surroundings official mentioned on Tuesday.
The 40 commitments vary from preventing marine air pollution to supporting sustainable fisheries and investments within the so-called blue economic system – sustainable use of marine and freshwater sources for financial exercise.
The commitments had been introduced throughout the annual “Our Ocean” convention held in Athens this week and attended by about 120 nations.
“The ocean is a part of who we’re, and it’s our shared duty,” mentioned EU Commissioner for Surroundings, Oceans and Fisheries Virginijus Sinkevicius.
The commitments embrace supporting 14 investments and one reform in sustainable fisheries in Cyprus, Greece, Poland, Portugal value about 1.9 billion euros, and 980 million euros beneath the EU’s Restoration and Resilience Facility (RRF) for use in Cyprus, Finland, Greece, Italy and Spain’s to help 4 investments and two reforms to combat marine air pollution.
Different initiatives are directed to serving to African nations develop their blue economic system.
Greater than 400 new commitments amounting to $10 billion shall be introduced throughout the convention, a Greek authorities official informed Reuters on Monday, talking on situation of anonymity.
The European Union’s Copernicus Local weather Change Service mentioned final month that ocean temperatures hit a document excessive in February, based on knowledge that goes again to 1979. Overfishing and plastic air pollution are additionally main threats to oceans.
The convention has mobilised greater than 2,160 commitments value roughly $130 billion since its launch in 2014.
The 40 commitments vary from preventing marine air pollution to supporting sustainable fisheries and investments within the so-called blue economic system – sustainable use of marine and freshwater sources for financial exercise.
The commitments had been introduced throughout the annual “Our Ocean” convention held in Athens this week and attended by about 120 nations.
“The ocean is a part of who we’re, and it’s our shared duty,” mentioned EU Commissioner for Surroundings, Oceans and Fisheries Virginijus Sinkevicius.
The commitments embrace supporting 14 investments and one reform in sustainable fisheries in Cyprus, Greece, Poland, Portugal value about 1.9 billion euros, and 980 million euros beneath the EU’s Restoration and Resilience Facility (RRF) for use in Cyprus, Finland, Greece, Italy and Spain’s to help 4 investments and two reforms to combat marine air pollution.
Different initiatives are directed to serving to African nations develop their blue economic system.
Greater than 400 new commitments amounting to $10 billion shall be introduced throughout the convention, a Greek authorities official informed Reuters on Monday, talking on situation of anonymity.
The European Union’s Copernicus Local weather Change Service mentioned final month that ocean temperatures hit a document excessive in February, based on knowledge that goes again to 1979. Overfishing and plastic air pollution are additionally main threats to oceans.
The convention has mobilised greater than 2,160 commitments value roughly $130 billion since its launch in 2014.
