Commission champions ocean sustainability at business summit
date: 01/12/2016
Mr Aguiar Machado used his opening speech to highlight the role for business in supporting the European Union's initiative for safe, secure, clean and sustainably managed oceans, launched on 10 November. He also set out how the EU is working to remove bottlenecks to ocean-based growth and to overcome reluctance from traditional funding sources to invest in new activities.
The theme of the conference, organised by the World Ocean Council (WOC), was "Ocean 2030: Sustainable Development Goals and the Ocean Business Community". The WOC brings together diverse ocean business communities (shipping, fisheries, oil & gas, aquaculture, offshore renewables, tourism, seabed mining, marine technology, manufacturers, law, retailers, insurers, finance, etc.) to develop global ‘platforms’ on cross-cutting ocean business and sustainability challenges.
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