The PAMEX Local Investment Finance Facility (PLIFF) collaborated with the French Ministry of Foreign Affairs and the Hellenic-Spanish Chamber of Commerce to host a successful side event at the Our Ocean Conference in Athens. The event was titled “Financing Ocean Economy and Political Mobilization within the Mediterranean Region.” Discussions at the event focused on the political will and mobilization efforts in Mediterranean countries, along with the use of appropriate financial instruments to support projects that aim to protect the oceans and environment in the region, ultimately promoting sustainability.
The event highlighted the importance of coordinated efforts and financial support in addressing the challenges faced by the Mediterranean region in terms of ocean conservation and environmental protection. Participants emphasized the need for engagement from governments, businesses, and civil society to work together towards sustainable solutions.
Through the collaboration of various stakeholders, including government entities, financial institutions, and international organizations, projects that promote sustainability and protect the oceans can be successfully implemented in the Mediterranean region. The event served as a platform to showcase successful initiatives and discuss strategies for future collaborations and investments in ocean economy within the region.
Overall, the event shed light on the importance of political will, financial support, and mobilization efforts in driving positive change and sustainable development in the Mediterranean region. By working together and utilizing the appropriate financial instruments, future projects can contribute to the protection of the oceans and environment, ultimately promoting a more sustainable economy in the region.