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The concept of the blue economy, also known as the ocean economy, was introduced by the United Nations (UN) in 2012 as a way of acknowledging the vast potential of marine and coastal ecosystems that are kept healthy and managed sustainably. The UN 2030 Agenda for Sustainable Development in 2015 dedicated one of the 17 Sustainable Development Goals
(SDGs) to the conservation and sustainable use of the oceans, seas and marine resources.
The EU adopted a Blue Growth Strategy Strategy3 in 2012, and in 2021, declared the Sustainable Blue Economy Economy4 as a core element toward implementing the European Green Deal.
BlueInvest, the initiative authoring this report, is a flagship of the European Commission to boost investment and innovation in sustainable technologies for the blue economy. The
BlueInvest platform supports investment readiness and access to finance for blue start start-ups, small and medium medium-sized enterprises and scale scale-ups, and promotes opportunities to


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