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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.
Main objective of the programme/policy
The aim of this programme is to support clean and sustainable ocean initiatives in the Asia-Pacific region, ultimately to contribute to achieving the Sustainable Development Goals and climate goals of the Paris Agreement.
Specific objective of the programme/policy
Specific objective of the programme include suporting projects that reduce Reduce marine plastic pollution through integrated solid waste management projects, including recycling, follow circular economy principles, such as designing out plastic waste, as well as focusing on Sustainable fisheries management and sustainable seafood supply chains, and Sustainable management, protection, and restoration of marine and coastal ecosystems and resources.