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EU MARITIME POLICY AND BLUE GROWTH Christos Theophilou

This seminar explores the potential of Blue Growth in the EU maritime sector for economic innovation and job creation, while also addressing the challenges of urban poverty. Key topics include the current context of the blue economy, future growth prospects, focus sectors, such as ocean energy and aquaculture, and the importance of sustainable practices. The discussion also covers the potential impact on sectors like marine tourism and biotechnology, as well as the need for strategic planning, research, and skills development to maximize the benefits of maritime resources.

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EU MARITIME POLICY AND BLUE GROWTH Christos Theophilou

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  1. ESPON OPEN SEMINAROpportunities and threats for territorial cohesion:Blue Growth and Urban Poverty EU MARITIME POLICY AND BLUE GROWTH Christos Theophilou Directorate General for Maritime Affairs and Fisheries (DG MARE)

  2. EU Maritime Policy • A more coherent approach to maritime issues • Increased coordination between different policy areas • Blue Growth: Seas and oceans, drivers for the European economy with great potential for innovation and growth C Theophilou - DG MARE

  3. The Current Context • Crisis-hit Europe • The EU'sreaction to the crisis • The wayforward • Growth and jobs for recovery and social cohesion • Preventjoblessrecovery • Fiscal stability • Structural reforms • Unleash the theuntappedpotential of the economy C Theophilou - DG MARE

  4. The blue economy today (€ bn) In 2020: 7 million jobs € 600 million GVA BLUE ECONOMY now: 5.4 million jobs € 500 million GVA C Theophilou - DG MARE

  5. The blue economy of tomorrow • 90% of EU’s external trade and 40% of trade within the EU is seaborne • Sustainable long-term growth by reducing our carbon footprint • We must use the sea as land and freshwater become more scarce and expensive • Potential for high-value jobs and exports • Revitalizing traditional sectors and letting new ones emerge C Theophilou - DG MARE Blue Growth

  6. Blue Growth => 5 focus sectors • Ocean Energy • Maritime and Coastal Tourism • Aquaculture • Seabed Mining • Blue Biotechnology C Theophilou - DG MARE Blue Growth

  7. Ocean Energy Communication adopted on 20 January Offshore wind can cover 4% of EU electricity demand and reach 170,000 jobs by 2020. Wave and Tidal energy will follow in future, having a high potential particularly in the Atlantic and North Sea C Theophilou - DG MARE

  8. Ocean EnergyKey data • Offshore wind energy = 20% share of RES by 2020 • 10% of installed capacity in 2011, 58000EU jobs and €2.4 billion annual investments • Offshore wind 4% of EU electricity demand by 2020 and 14% by 2030 • By 2030offshore capacity will exceed that of onshore • €3.3 billion EIB loans for offshore wind projects 2005-2011 C Theophilou - DG MARE Blue Growth

  9. Coastal & Maritime Tourism 2.6 million employed = 1.1% of total EU employment Cruise industry: 10% annual growth for last 10 years Cruise tourism: annual turnover of € 14.5 billion; nearly 150,000 jobs. C Theophilou - DG MARE

  10. EU Maritime Tourism - Key data • EU receives 52% of all international tourist arrivals worldwide • 534 million arrivals in 2012, 18 million more than in 2011 • 3.4 million enterprises, 15.2 million jobs • 51% of bed capacity across EU in coastal areas • Coasts chosen by more than 60% of EU holiday makers • Cruise direct turnover € 14.5 billion and 150,000 jobs • Most popular cruise destinations in Europe - Italy, Spain and Greece (2-2.5 million persons/year each) • Employment in coastal tourism: EU avg.= 1.1%. Cyprus (8.6%), Malta (7.2%), Greece (3.7%), Spain (3.3%) C Theophilou - DG MARE Blue Growth

  11. Aquaculture 90,000 jobs in Europe Production stagnant COM is helping MS to exchange know-how and to boost competitiveness of the sector C Theophilou - DG MARE

  12. AquacultureKey data • EU aquaculture = 20% of fish production, 65 000 direct jobs + 15,000 indirect • 90% of aquaculture businesses are SMEs • Greek aquaculture: 123 000 tons, €500 million turnover, 10 500 jobs • 80% of Greek production is exported C Theophilou - DG MARE Blue Growth

  13. Blue Biotechnology Sector is expected to grow due to increasing demand for biotech products: Pharmaceuticals and cosmetics Food, feed and chemicals Biofuels Environmentalprotection C Theophilou - DG MARE

  14. Marine Mineral ResourcesSeabed Mapping & Mining • Non-energy raw materials: annual price increase of about 15% between 2000 and 2010. • Global annual turnover of marine mineral mining expected to grow to €5 billion in the next 10 years, up to €10 billion by 2030. C Theophilou - DG MARE

  15. Communication on Innovation in the Blue Economy: realising the potential of our seas and oceans for jobs and growth • Communication published in May • Follows up on the 2011 Communication on Blue Growth • Innovation across all blue economy sectors is crucial C Theophilou - DG MARE

  16. Newly adopted EMFF funds BG… C Theophilou - DG MARE

  17. What is needed? • Maritime Spatial Planning • Research for innovation • Better skills • Marine knowledge • Maritime Security Strategy • Maritime Zones • Blue Innovation (Communication in spring 2014) C Theophilou - DG MARE Blue Growth

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