On 26 May 2021, the Council approved conclusions on a sustainable blue economy, which is based on four pillars: healthy oceans, knowledge, prosperity and social equity. The conclusions underline the need for an efficient ocean governance built on a sustainable blue economy.
The Council highlights the sustainable use of oceans and seas, which plays an important role in the European Green Deal agenda. Member States support sound governance based on knowledge, awareness and insight of oceans and seas, as well as fair and equitable socioeconomic conditions, in line with the EU’s Strategic Agenda. In this context, Next Generation EU and the new Multiannual Financial Framework, including the Recovery and Resilience Facility, already take into account the further need to develop blue economy sectors.
Sustainable blue economy as part of the EU’s Integrated Maritime Policy and a sustainable use of oceans and seas play an important role in the European Green Deal agenda. ECOPNET (European Cooperation and Partnership Network) underlines the importance of all sea-basin strategies and initiative in promoting common objectives for a sustainable blue economy between the EU and neighbouring countries.
A sustainable blue economy is essential to achieving the objectives of the European Green Deal and ensuring a green and inclusive recovery from the COVID-19 pandemic. The Council conclusions support in many aspects the Commission’s new approach for a sustainable blue economy in the EU.
Source: Council of the EU Press Releases