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Ethiopia: EU Commits €1 Billion to Protect Oceans Under New Pact

Summary by allAfrica
Addis Ababa, -- European Union Commission President Ursula Von Der Leyen has announced a €1 billion investment plan to protect oceans and support coastal communities and fisheries.

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The European Union (EU) will finance EUR 50 million projects for the protection of the oceans, under the European Convention for the Oceans, announced this afternoon to the President of the European Commission. The announcement of Ursula von der Leyen was made in Nice, France, where this week the third United Nations Conference on the Oceans (UNOC3) will be held and the formal presentation of the European Agreement on Oceans will be held.

·Funchal, Portugal
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The President of the European Commission, Ursula von der Leyen, has advanced that the European Union (EU) will invest EUR 1 billion in 50 projects around the world to support the conservation of oceans, science and sustainable fisheries. “We want to build a strong global alliance for the ocean, because the fight to promote and protect our ocean is a global challenge,” she said during her speech at the presentation of the European Oceans Pact, he…

·Madrid, Spain
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diario16plus.com broke the news in on Monday, June 9, 2025.
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