17 May Developing a sustainable blue economy in the European Union
The European Commission has today proposed a new approach for a sustainable blue economy in the EU, targeting industries and sectors related to the oceans, seas and coasts. A sustainable blue economy is essential to achieve the goals of the European Green Pact and to ensure that recovery from the pandemic is green and inclusive.
All sectors of the blue economy, such as fisheries, aquaculture, coastal tourism, maritime transport, port activities and shipbuilding, will need to reduce their environmental and climate impact. Addressing the climate and biodiversity crisis requires healthy seas and sustainable use of their resources to create alternatives to fossil fuels and traditional food production. The transition to a sustainable blue economy requires investment in innovative technologies. Wave and tidal power, algae production, the development of innovative fishing gear or the restoration of marine ecosystems will create new jobs and green businesses in the blue economy.