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The Commission published a new study funded under the European Maritime and Fisheries Fund (EMFF) that aims at developing sustainability criteria for the blue economy.
The blue economy is a pivotal component of global economies. There is international consensus that the blue economy boosts employment and innovation, and offers significant opportunities for economic development and investment, including to local communities. The current output of the global blue economy, worth USD 1.5 trillion, is expected to double by 2030. In addition to its potential to drive significant economic and socio economic development, the blue economy can play a central role in alleviating the pressures on land resources and fostering climate change mitigation and adaptation.
In this context, the need to develop and promote sustainable blue economy activities has become critical, based on a common understanding at the international level of the activities and practices that contribute to it.
This study is a step towards the establishment of such a common understanding by developing a set of criteria to assess the sustainability of blue economy activities. The outcome of this study is an outline of a Blue Economy Sustainability Framework, which provides a preliminary set of sustainability criteria and indicators across various blue economy sectors. Additional input from stakeholders would be essential to further develop and refine the Framework.
The study can be found here: https://op.europa.eu/en/publication-detail/-/publication/893c5ae2-a63a-11eb-9585-01aa75ed71a1
Source: Funding and Tender Portal
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EURHISFIRM designs a world-class research infrastructure (RI) to connect, collect, collate, align, and share detailed, reliable, and standardized long-term financial, governance, and geographical data on European companies. EURHISFIRM enables researchers, policymakers, and other stakeholders to develop and evaluate effective strategies to promote investment, economic growth and job creation. The RI provides the tools for long-term analysis highlighting the dynamics of the past and the way those dynamics structure our present and future.
The EURHISFIRM European project received € 3.4 million in financing from the European Commission through the H2020-INFRADEV-2017-1 research infrastructures call. The project started with a consortium of eleven research organisations (including University of Antwerp) from seven European countries.