The PAMEX Local Investment Finance Facility (PLIFF) recently organized a successful side event at the Our Ocean Conference in Athens, in partnership with the French Ministry of Foreign Affairs and the Hellenic-Spanish Chamber of Commerce. The event, titled “Financing Ocean Economy and Political Mobilization within the Mediterranean Region,” brought together experts from various organizations and governments to discuss the urgent need to protect the oceans and environment in the Mediterranean region.
The discussion at the event focused on political will and mobilization efforts in countries within the Mediterranean region. These efforts, combined with appropriate financial instruments, are crucial in delivering projects that aim to protect the oceans and environment while promoting sustainability. Attendees emphasized the importance of creating projects that would address this critical issue and highlighted the role of political will and mobilization in implementing these projects.
Furthermore, attendees discussed how financial instruments could support these efforts by providing resources needed for project implementation. By utilizing financial tools effectively, stakeholders hope to make a positive impact on the health of the oceans and ensure a sustainable future for the region.
Overall, this collaborative effort among various organizations and governments within the Mediterranean region highlights their commitment to promoting sustainability and protecting our oceans’ environment. Through these collaborations, stakeholders hope to create an impactful change that will benefit not only our planet but also future generations.