Clean and Sustainable Ocean programme

Description of the programme / policy

In January 2021, the EIB and the Asian Development Bank (ADB) established the Clean and Sustainable Ocean Partnership to support joint initiatives for a clean and sustainable ocean and blue economy in the Asia-Pacific region. The partnership will allow the EIB and ADB to support projects that: reduce marine plastic pollution through integrated solid waste management projects, including recycling, follow circular economy principles, such as designing out plastic waste, promote clean rivers and waterways, including through improved wastewater management and inclusive sanitation. Also, it will support blue economy activities that focus on: sustainable fisheries management and sustainable seafood supply chains, sustainable management, protection, and restoration of marine and coastal ecosystems and resources, integrated coastal protection activities, disaster risk preparedness, green shipping, green ports and maritime infrastructure, with a focus on increasing safety and environmental performance.

Coordinating institution

Institution: European Investment Bank (EIB)

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