The European Investment Bank launched the Blue Sustainable Ocean Strategy, or Blue SOS, on 24 October at the Our Ocean conference in Oslo.

The Strategy will run from 2019-2023, and is expected to improve the health of oceans. It will build more resilient coastal environments by supporting blue biotechnology, seafood production and green shipping. The new funding is expected to mobilise at least €5 billion of investment for a sustainable blue economy.

As climate change is causing ocean warm...