The EU Blue Economy Report 2023

The European Commission has released the EU Blue Economy Report for 2023 in its sixth edition.

This year the report continues to analyse the scope and size of the Blue Economy in the European Union. Its main objective remains to provide support to policymakers and stakeholders in the quest for a sustainable development of oceans, coastal resources and, most notably, to the development and implementation of polices and initiatives under the European Green Deal in line with the new approach for a sustainable Blue Economy.

Through its economic evidence, the report also seeks to serve as a source of inspiration to investors providing a summarised data analysis, trends and drivers of the Blue Economy established sectors (i.e., those that traditionally contribute to the Blue Economy), as well as of Blue Biotechnology and Ocean Energy.

This edition includes a brief analysis as well on the impacts of Russia’s invasion of Ukraine on some of the Blue Economy sectors. The report also contains a section following the Energy transition communication, which comprises an analysis of the energy transition in the Blue Economy.

The report ends with a section analysing climate change and coastal impacts. This section summarises findings related to the future dynamics of coastal flood impacts, adaptation and ecosystem services, along the EU-27 coastline. The report can be downloaded here.