Millions pumped into European ‘blue growth’

A new EUR 14.5 million (USD 16.9 million) investment intitiave has been launched by the European Commission (EC) to further promote blue growth across the EU. The funding is a rapid response to the EU-hosted 2017 Our Ocean conference, held last month in Malta, and was confirmed ahead of the COP23 Ocean Day in Bonn.

Commissioner for Environment, Maritime Affairs and Fisheries Karmenu Vella said that the EU had led the Our Ocean conference by putting the blue economy on the agenda for th…