The Maltese presidency organised an Informal Ministerial Meeting on Blue Growth and Ocean Governance in the EU and the Mediterranean; Innovation, and Nautical Tourism on 20 April 2017 in Valletta. Blue Growth is the long-term strategy to support sustainable growth in the maritime sector and represents the maritime input to attaining the goals of Europe 2020. The Commissioner for Environment, Maritime Affairs and Fisheries Karmenu Vella gave the opening speech at the conference. He highlighted some achievements like global leadership of Europe in the development of ocean energy technologies (Europe host 52% of all tidal stream developers and 60% of all wave energy developers in the world) or the fact that in the last 10 years, EU research programmes have provided some 150 million euros to fund ocean energy research, development and innovation. He also mentioned that the value of sustainable aquaculture production in the EU is up by more than 40% compared to a decade ago. Vella also flagged three areas where more needs to be done: access to finance, skills and qualifications connected to new jobs and finally the regional cooperation.
Future of the oceans
