The blue economy: Overview and EU policy framework

30-01-2020

The blue economy encompasses all economic activities relating to oceans and seas. It employs over 4 million people in the EU and its landscape is evolving rapidly. Some traditional sectors are in decline while other sectors, both established and emerging, are showing strong potential for growth and innovation. This paper focuses on the EU policy framework and the various EU initiatives and actions linked to the blue economy. It provides an overview of the cross-cutting 'key enablers' and a sector by sector analysis. The international dimension or the position of the European Parliament is highlighted where relevant.

The blue economy encompasses all economic activities relating to oceans and seas. It employs over 4 million people in the EU and its landscape is evolving rapidly. Some traditional sectors are in decline while other sectors, both established and emerging, are showing strong potential for growth and innovation. This paper focuses on the EU policy framework and the various EU initiatives and actions linked to the blue economy. It provides an overview of the cross-cutting 'key enablers' and a sector by sector analysis. The international dimension or the position of the European Parliament is highlighted where relevant.