Unlocking the full potential of Ocean Energy for the Blue economy through the Oceans Pact
08.04.2025
To ensure the success of the Oceans Pact, horizontal policies must be complemented by sectoral approaches. The Pact should incorporate sector-specific actions for blue economy industries where Europe holds global leadership.
Two actions are needed to drive the industrialisation of ocean energy, and secure 500,000 local jobs along with many new economic opportunities in coastal communities:
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- Set up a high-level ocean energy ‘Task Force’ to solve the last financial & regulatory hurdles holding back industrialisation
- Leverage existing public financial instruments to attract private investment