European Parliament adopts Integrated Maritime Policy financing regulation by overwhelming majority
The European Parliament has today approved by a very large majority a regulation which will support the financing of actions necessary to the further development and implementation of the integrated maritime policy. The regulation - which reflects a compromise between the Commission, the European Parliament and the Council - will provide EUR 40 million between 2011 and 2013 for projects creating linkages between the different economic activities related to the sea and preventing possible conflicts of interest. It will support the development of sea-basin strategies and cross-sectoral tools (such as maritime knowledge, surveillance and spatial planning) and support the protection of the marine environment and blue growth and jobs for European coastal communities.
Commissioner Damanaki has welcomed the European Parliament's overwhelming support for the IMP financing regulation, noting that the integrated maritime policy will now have the financial means to support concrete projects and deliver results
