EU announces allocate of €1 billion for the ocean protection at Our Ocean Conference

During the Our Ocean Conference in Palau, the EU renewed its pledges towards international Ocean governance, by presenting a list of 44 commitments for the 2020-2022 period for an amount of almost €1 billion.

The Our Ocean Conference is a key moment for countries across the world, civil society, and industry to commit to concrete and significant actions to protect the ocean. The theme of the 2022 edition is ‘Our Ocean, Our People, Our Prosperity’, and it draws global partners to identify solutions to sustainably manage marine resources, increase the ocean’s resilience to climate change and safeguard its health for generations to come.

“The sum the EU is committing today is significant, but not as significant as the role that the ocean plays for our very existence. It provides us clean air, regulates the climate, hosts a large part of biodiversity on Earth and is key for our economy. The ocean is bringing all these benefits to us and we need to protect it. Our future depends upon it,” said Commissioner for Environment, Oceans and Fisheries, Virginijus Sinkevičius.

At the Our Ocean Conference, the EU has taken commitments covering all the themes of this international event: marine protected areas; tackling marine pollution; confronting the ocean-climate crisis; creating sustainable blue economies; advancing sustainable small-scale fisheries and aquaculture; and achieving a safe, just and secure ocean. The EU has also developed a commitment tracking tool to allow citizens to follow the progress of the implementation of the commitments.

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