FINANCIAL INSTRUMENTS OF IMPLEMENTATION SUPPORT OF CMA AND SRIA IN UKRAINE
The European Commission (EC) has set up the Black Sea Assistance Mechanism (BSAM) to support the implementation of the Common Maritime Agenda for the Black Sea. Specifically, BSAM will support raise awareness on the opportunities presented by the blue economy in the Black Sea region. The blue economy can contribute to the sustainable economic development of the region, particularly the coastal regions. The main goals and related priorities of the Common Maritime Agenda, are (i) healthy marine and coastal ecosystems; (ii) competitive, innovative and sustainable blue economy for the Black Sea; and (iii) investments in the Black Sea blue economy.
