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Unlocking the Economic Potential of the Atlantic: A Call to Action for Sustainable Growth

Explore the untapped economic opportunities of the Atlantic Ocean, including energy, food, minerals, and more. Learn how long-term investments, ecosystem-based management, and inclusive growth can meet EU2020 objectives while reducing carbon emissions. Discover the potential for job creation and industry growth through offshore wind, wave, and tide projects. Get involved in the Atlantic Forum to generate ideas, actions, and projects that will shape the region's future. Find out how funding, strategic planning, and partnerships play crucial roles in unlocking the full potential of the sea.

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Unlocking the Economic Potential of the Atlantic: A Call to Action for Sustainable Growth

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  1. MARITIMEAFFAIRS The Atlantic Forum process and outcomes DG-MARE Matthew King Dublin, 7 February 2012

  2. economic potential of sea largely untapped • energy • food • minerals • pharmaceuticals

  3. we now have the technology to exploit this potential • long term investment is needed

  4. can meet EU2020 objectives • reduction of carbon emissions • ecosytem based management of living resources • protection against risk and emergencies • exploitation of seafloor resources • socially inclusive growth • industry estimates for Europe • 296,000 employed in offshore wind by 2030 • 450,000 jobs in wave and tide by 2050

  5. window of opportunity • EU’s new financial framework begins in 2014 • planning is beginning now • Common Strategic Framework • Partnership Contracts • Operational Programmes

  6. can we use these funds to unlock potential of sea ?

  7. Atlantic Forum • generate concrete ideas for • priority actions • projects • ideas to come from • Member States • Regions • stakeholders • feed into Action Plan

  8. main actors • Leadership Group • Steering Group • Regional Events

  9. key to success • Action Plan must feed into national Partnership Contracts

  10. these links need to be made Finance Ministries in Member States Leadership Group 2012 Partnership Contracts Action Plan 2013 Operational Programmes projects

  11. Timetable

  12. more information http://ec.europa.eu/maritimeaffairs/policy/sea_basins/atlantic_ocean/index_en.htm

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