
Blue economy project will pool €450 million of research and innovation investment from 25 countries
Italy will lead a European partnership that will pool nearly half a billion euros of research and innovation money to improve the sustainability of maritime industries.
The grouping of 60 Partners from 25 countries, led by Italy, will run calls for research proposals over its seven-year lifetime, all focused on the ‘blue economy’, defined by the European Commission as “economic activities related to oceans, seas and coasts”.