Spain and Croatia have been given €1.12 billion and €243.6 million respectively in EU funding to help promote sustainable fisheries and aquaculture and stimulate innovation and growth.

The European Commission has adopted the European Maritime, Fisheries and Aquaculture Fund (EMFAF) Programme for the countries and will implement the EU common fisheries policy and priorities outlined in the European Green Deal.

Spain and Croatia are the latest countries to benefit from EU funding to promote sustainable fisheries and aquaculture

Spain and Croatia are the latest countries to benefit from EU funding to promote sustainable fisheries and aquaculture

The total financial allocation for the Spanish programme 2021-2027 is €1.57 billion over the next six years, of which the EU contribution accounts for €1.12 billion. Croatia’s allocation is €348 million, with the EU contributing €243.6 million.

“The programme will foster a more green, blue and digital transition along the whole fisheries value chain and will promote sustainable aquaculture and processing activities,” said Commissioner for Environment, Oceans and Fisheries, Virginijus Sinkevičius.

Aims and allocations

In Spain 41.1% of the programme’s allocation will be dedicated to sustainable fisheries, 35.5% invested in sustainable aquaculture and in processing and marketing, 9.4% dedicated to the sustainable blue economy in coastal regions and 3.2% invested in the strengthening of international ocean governance.

Croatia will allocate around 46.4% of the funds to sustainable fisheries, 39.6% will be invested in sustainable aquaculture and processing and marketing, 13.6% dedicated to the sustainable blue economy and 0.4% invested in the strengthening of international ocean governance.