The blue economy is already significant. In 2012 the Commission estimated that it represented over 5 million jobs and a gross added value of around €500 bn per year. It also affects a large number of the EU population with an estimated 40% of the EU population living within 50km from the sea.
It can play an important role in driving Europe’s growth and welfare. With the Blue growth strategy adopted in 2012 the European Commission launched a set of actions to promote smart, sustainable and inclusive growth and employment. The core of the strategy involves driving key economic sectors of the blue economy forward and simultaneously managing sustainable ecosystems.
Despite the developed basis of the blue economy, there is a scope to increase its productivity and potential. A wide range of opportunities are available to further this aim. The coherent cross-sectoral strategy will also aim to tackle obstacles to growth.
The objective of this assignment is to demonstrate that the blue economy sector is fertile ground for financing initiatives and to make a strong investment case to the DFI community. This should be done through:
The project will run between January and August 2018. It aims to assist companies and project owners to further define and develop their proposals and obtain access to investors. The project will also make concrete proposals for an investment vehicle for the European Blue Economy.
The project team, consisting of investment and blue economy experts, will seek out as many companies and projects seeking to raise funds in order to implement their plans. Entrepreneurs and project promoters are invited to make contact with the project team at the contact points below as early as possible.