Council conclusions and Europe's strategy for Blue Growth | JPI OCEANS

Council conclusions and Europe's strategy for Blue Growth


Council conclusions and Europe's strategy for Blue Growth

Following their firm commitment to boost Europe's sustainable blue economy the ministers give new impetus to Europe's strategy for Blue Growth with the new ‘Council conclusions on Blue Growth’ published the 26th of June 2017.

In this document, The Council ratifies the Valleta Declaration, signed by the European maritime ministers in Malta on 20 April 2017. It recognizes the Declaration as a valuable contribution to the future direction of the Blue Growth that supports the growth, innovation, competitiveness and job-creating potential of the blue economy. The recent council conclusions build on the Commission staff working document reporting on the Blue Growth strategy  2013-2016.

In its strategy the Commission selected five areas needed to be understood in order to ensure the ocean's ability to sustain future generations:  energy, aquaculture, tourism, biotechnology and marine mineral resources. With regards to the latter the European Commission developed an EU resources strategy and advanced research and technological development for the extraction of mineral resources from the deep sea. For this reason, EU research programmes contributed 27 million EUR on three major projects starting in 2013, 2014 and 2016. JPI Oceans added to these efforts with its joint action “Ecological aspects of deep-sea mining” supporting research for a total sum of 13,2 million Euro.

In total, the EU research programme (Horizon 2020) invested EUR 800 million in  marine and maritime research and innovation projects in the years 2014-2016. This funding was further complemented by EU structural funds, in particular the European Regional Development Fund and the European Maritime and Fisheries Fund (EMFF). Approximately EUR 275 million from the EMFF were set aside to be managed by the Commission for maritime policy projects.

Apart from the direct investments, the Commission also initiated private-public fora, such as the “Ocean Energy Forum” or the "Blue Economy Business and Science Forum" bringing together industry, finance, academia and public authorities to identify practical solutions and make investment more attractive.


Picture credit: Alin Meceanu

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