The PAMEX Local Investment Finance Facility (PLIFF) successfully collaborated with the French Ministry of Foreign Affairs and the Hellenic-Spanish Chamber of Commerce to host a side event at the Our Ocean Conference in Athens. The event, titled “Financing Ocean Economy and Political Mobilization within the Mediterranean Region,” highlighted the importance of coordinated efforts and financial support in addressing ocean conservation and environmental protection challenges faced by the Mediterranean region.
The discussions at the event focused on political will and mobilization efforts in Mediterranean countries, as well as on using appropriate financial instruments to support projects that aim to protect oceans and environment in the region, ultimately promoting sustainability. Participants emphasized the need for engagement from governments, businesses, and civil society to work together towards sustainable solutions.
Through collaboration between various stakeholders, including government entities, financial institutions, and international organizations, projects that promote sustainability and protect 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, by working together and utilizing appropriate financial instruments, future projects can contribute to protecting oceans and environment ultimately promoting a more sustainable economy in the region.
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