News: EIB Blue Sustainable Ocean Strategy

The EIB Blue Sustainable Ocean Strategy (“Blue SOS”) aims to improve the health of oceans, build stronger coastal environments and boost blue sustainable economic activity.

To achieve this, we commit to double our lending to sustainable ocean projects to €2.5 billion over the period 2019-2023.

The EIB expects to mobilise at least €5 billion of investments that will contribute to improve the health of the oceans and their resources.

Who is eligible?

  • Businesses
  • Municipalities
  • National authorities
  • Partners in Europe and around the world

What is eligible?

The “Blue SOS” targets the following areas:

  • Sustainable coastal development and protection
  • Sustainable seafood production
  • Green shipping
  • Blue biotechnology

Long-term loans and other types of financing for governments and local authorities as well as the private sector.

Technical assistance to help the promoters prepare and implement their sustainable ocean projects.

Learn more here

News Posted on 16/03/2021