---
title: 'Coastal Regions Forum highlights importance of Blue Economy'
url: 'https://thediplomaticinsight.com/coastal-regions-forum-highlights-importance-of-blue-economy/'
author: 'Amnah Salman'
date: '2022-02-11T11:14:09+05:00'
categories:
  - 'Diplomatic News'
  - 'Environment & Climate'
  - 'INGOs'
  - 'News'
---

# Coastal Regions Forum highlights importance of Blue Economy

Brest, 11 February 2022 (TDI): Climate change is one of the most important priorities of the world today, many countries are working towards climate-friendly developments, in other words, sustainable development and the EU is working towards a blue economy that is sustainable.

Over 50 high-profile European participants took part in what is known as the [Coastal Regions Forum](https://ec.europa.eu/commission/presscorner/detail/en/SPEECH_22_952) which was made possible by the [Conference of Peripheral Maritime Regions (CPMR),](https://www.oneplanetsummit.fr/en) which brings forward 24 nations within the European Union and approximately 160 regions and the Brittany Region in the framework given by the [One Planet Summit.](https://www.oneplanetsummit.fr/en)

> 🆕[#PressRelease](https://twitter.com/hashtag/PressRelease?src=hash&ref_src=twsrc%5Etfw) | Maritime Regions gather at the One Ocean Summit in Brest to discuss investment in sustainable blue economy
> 
> 
> More than 50 high-level participants from across EU regions took part in CPMR & [@regionbretagne](https://twitter.com/regionbretagne?ref_src=twsrc%5Etfw)‘s Coastal Regions Forum
> 
> 
> READ➡️[https://t.co/pR4MY6kAya](https://t.co/pR4MY6kAya) [pic.twitter.com/2hKbj89RK0](https://t.co/2hKbj89RK0)
> 
> 
> — CPMR (@CPMR_Europe) [February 11, 2022](https://twitter.com/CPMR_Europe/status/1492148998295232513?ref_src=twsrc%5Etfw)

The workshop was enunciated by the Minister of Europe and the Foreign Affairs of France Jean-Yves Le Drian along with the former CPMR president. This event, the Coastal Regions Forum was the first of its kind that brought forward a regional perspective of the[ One Ocean Summit. ](http://oneoceansummit.fr/en/)

What was largely covered within this conference were discussions for the period of 2021 to 2027; the dialogues mostly concentrated on investment priorities and needs in maritime regions and presented examples of particular actions that were related to advancing a form of blue economy that was sustainable, all of which was made possible by the funding provisioned by the [European Union.](https://eufundingmag.eu/2021/06/28/the-european-maritime-and-fisheries-fund-the-eus-funding-programme-for-sustainable-blue-economy/#:~:text=Blue%20Economy%20%E2%80%93%20EUFUNDINGMAG-,The%20European%20Maritime%20and%20Fisheries%20Fund%20%E2%80%93%20the%20EU's,programme%20for%20Sustainable%20Blue%20Economy&text=The%20European%20Maritime%2C%20Fisheries%20and,budget%20of%20%E2%82%AC6.108%20billion.)

According to the words of Cees Loggen, the current President of the CPRM as well as the acting Regional Minister of Noord-Holland, the EU will deploy the budget needed for 2021-2027 in the specified regions.

These developments portray a large opportunity that will give support for a blue economy, that will promote sustainable industries as well as sectors within seas, oceans, and communities across the coast.

The President of CPMR propelled EU (European Union) institutions to initiate a debate regarding the regionalization of the policy for a blue economy.

Furthermore, a proposal was also made by him addressed to the [EU Commission](https://ec.europa.eu/info/index_en) along with the [EU Parliament](https://www.europarl.europa.eu/portal/en) to hold an annual meeting that would discuss the [European Maritime Fisheries and Aquaculture Fund Programs](https://ec.europa.eu/info/funding-tenders/find-funding/eu-funding-programmes/european-maritime-fisheries-and-aquaculture-fund_en#:~:text=Documents-,About%20the%20programme,fisheries%20policies%20for%202021%2D2027.&text=The%20new%20EMFAF%20particularly%20supports,the%20promotion%20of%20sustainable%20aquaculture.) implementation for the period of 2021-2027.