The Sustainable Blue Economy Partnership to grant 450 million investments in research and innovation

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Strategies
|14 January 2023Social icon button for XSocial icon button for LinkedInSocial icon button for Facebook
The Sustainable Blue Economy Partnership (SBEP) is a Horizon Europe co-funded partnership, and it is composed by a network of 60 Partner institutions from 25 European countries and partner states. The European Commission has the role to pool research and innovation investments, and to align national programmes at a European scale, taking into consideration the sea-basin (Mediterranean, Black Sea, Baltic and North Sea) and Atlantic Ocean dimension. Info on the Horizon Europe co-funded partnership

In 2018 the EU blue economy directly employed close to 5 million people, generating more than 750 billion euros of turnover. The UN Global Compact Blue Resilience Brief highlights how the challenges presented by the Covid-19 pandemic can advance science-industry collaboration to achieve a more resilient and sustainable recovery of the blue economy. Now the plan is to invest 450 million euros in the next 7 years.

What are the European Partnerships?

European Partnerships bring the European Commission and private and/or public partners together to address some of Europe’s challenges through Research and Innovation (R&I) initiatives to achieve the EU’s political priorities. In this way, there are fewer risks for the duplication of investments and contribute to reducing the fragmentation of the research and innovation landscape in the EU.

Objectives of the partnership

 The Sustainable Blue Economy Partnership aims to achieve 4 general objectives:

  • Alignment of priorities and investments across Europe.
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