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The European Commission is partnering with the European Investment Fund, to announce EUR 45 million of BlueInvest fund financing into 2 funds targeting the blue economy across Europe. During the BlueInvest Day conference in Brussels, EIF Chief Executive Alain Godard and Virginijus Sinkevicius, Commissioner for Environment, Oceans and Fisheries, confirmed investments into Astanor Ventures and Blue Horizon Ventures I.
The BlueInvest pilot initiative managed by the European Investment Fund, provides financing to underlying equity funds that strategically target and support the innovative blue economy. This sector can play an important role in the transformation to a carbon-neutral economy by 2050, an ambition announced in the European Green Deal. The programme is backed...
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