PARIS, Feb 11 (Reuters) – France, Germany, Italy, Spain and the European Investment Bank (EIB) announced on Friday raising the amount of financing to four billion euros by 2025 provided within the framework of the European “Clean Ocean” initiative.
This initiative, which is used to finance projects aimed at reducing the pollution of rivers and seas due to plastics, has so far had funding of two billion euros by 2023.
The announcement was made on the occasion of the “One Ocean Summit” organized as part of the French presidency of the Council of the European Union, which ends this Friday in Brest (Finistère) in the presence of President Emmanuel Macron. and about twenty other Heads of State and Government.
The “Clean Ocean” initiative was launched in 2018 by the EIB, the French Development Agency (AFD) and its German counterpart KfW, joined in 2020 by the Italian German development and sustainable growth financing institutions CDP and Spanish ICO.
These various institutions also announced in their joint press release the support of the European Bank for Reconstruction and Development (EBRD) for this project.
(Report Blandine Hénault, edited by Sophie Louet)
click here for restrictions
©2022 Reuters