OCTA

Overseas Countries
and Territories Association

News Eu report blue eco

The European Union and the Blue Economy

On the occasion of European Maritime Day, the European Commission published on Thursday 20 May the fourth edition of its ‘EU Blue Economy Report‘, which shows that the ocean and coastal environment sectors in the EU employed almost 4.5 million people in 2018 and generated a turnover of around €650 billion.

Emerging activities such as ocean energy, marine biotechnology and robotics are developing quickly and will play an important role in the EU’s transition towards a carbon-neutral, circular and biodiverse economy.

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