More than six billion euros have been committed by public and private actors at the European Union-hosted conference in Malta, to better manage the oceans. High Representative/Vice-President Federica Mogherini and Karmenu Vella, Commissioner for Environment, Maritime Affairs and Fisheries have announced yesterday on behalf of the EU over €550 million of EU-funded initiatives to tackle global oceans challenges.

At the conference, First Vice-President Frans Timmermans will announce that the European Commission will phase out by end 2017 all single-use plastic cups in water fountains and vending machines in its buildings in Brussels. Furthermore, Commissioner for Development, Neven Mimica reaffirmed on behalf of the EU and its African, Caribbean, and Pacific partners their commitment for sustainable ocean governance. Read the joint statement here.

Following the strong message sent by the EU to step up action for better governance of our ocean, the total commitments made by other public and private actors from 112 countries around the world reached over €6 billion. The resources will be invested to strengthen the fight against marine pollution and enlarge protected areas, reinforce security of the oceans, foster blue economy initiatives and sustainable fisheries and intensify the EU efforts against climate change, in line with the Paris Agreement and the Sustainable Development Goals under Agenda 2030.

Participants also announced the creation of new Marine Protected Areas spanning more than 2.5 million km², or more than half the size of the entire European Union. The full list of over 400 commitments (36 from the EU, over 200 from third country governments, more than 100 from business and several others from NGOs, foundations, research institutes and international organisations) are available online.