Preserving our oceans

Covering more than 70% of the Earth’s surface, oceans and seas are a precious shared resource. They provide food, medicines, renewable energy and natural resources to billions of people around the globe. They also play a vital role for the planet’s climate and biodiversity. Keeping them healthy is crucial for sustainable development and the reduction of poverty.

The EIB, as the EU climate bank, is investing in the sustainable blue economy and supporting initiatives aimed at reducing pollution and preserving this natural resource.

> Download “Clean Oceans and the Blue Economy Overview 2020” for more details about the EIB Group’s activities and partnerships in the sector, including key projects.


20 to 30%

of global greenhouse gas emissions absorbed by the oceans since the 1980s


8 million tonnes

of plactics discharged to the oceans every year


by 2050

there will be more plastics than fish in the oceans by weight, if we don't act!

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

Financing options

Who is eligible

The initiative targets public and private sector projects that fight plastic waste in rivers, seas and on land. 

What is eligible

The initiative targets projects on rivers and coastal cities in these fields:

  • Collection, treatment, recycling and disposal of plastics and other waste.
  • Improved waste management to reduce plastics and other waste in ports and harbours.
  • Innovative projects that keep plastics out of the oceans or develop reusable or biodegradable plastics.
  • Expanding and improving wastewater collection and treatment to keep plastics out of rivers and oceans.
  • Urban stormwater management systems that prevent waste and plastics from entering waterways during rains and floods.

Financing options

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