IEEP’s Mia Pantzar attended the 10th edition of the Monaco Blue Initiative held in Monaco at the Oceanographic Museum on 24th and 25th March to discuss the next steps for Marine Protected Areas (MPAs) and ecosystem services in the blue economy.
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Marine protected areas (MPAs) are an important policy tool for protecting vulnerable marine and coastal species and habitats.
By supporting the resilience of ecosystems, MPAs may also maintain and generate goods and services that can benefit different sectors in the “blue” European economy. However, MPAs are often seen as primarily imposing restrictions and costs on economic activities, creating aversion toward their establishment and protection.
Based on the views of 50 EU experts, this report explores the use of ecosystem services in pursuit of a greener Blue Economy in Europe.
The Commission’s renewed strategy on EU outermost regions puts forward a new approach to foster development and appears rather ‘green’, acknowledging the ORs’ rich biodiversity as a unique natural asset.