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Blue bioeconomy fund sets sail

A €32-million co-funding scheme has been launched to support research into more sustainable and profitable aquaculture.

The Joint Programming Initiative for Oceans Cofund, called BlueBio, was announced on 22 October and is due to launch its first call in December. It is an intergovernmental partnership that will combine €6.5 million from the European Commission with €25.5m contributed by 30 partners from 18 participating countries.

The fund, led by Norway, will run for five years, disbursing money to support research into the security, efficiency and sustainability of marine food production, for example finding uses for waste from fish farming and better assessing wild fish stocks. It is part of the Commission’s wider bioeconomy strategy for the EU’s Horizon 2020 R&D programme.

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