PROBLUE

PROBLUE is a new Multi-Donor Trust Fund (MDTF), housed at the World Bank, that supports healthy and productive oceans. PROBLUE supports implementation of Sustainable Development Goal 14 (SDG 14) and is fully aligned with the World Bank’s twin goals of ending extreme poverty and increasing the income and welfare of the poor in a sustainable way. PROBLUE is part of the World Bank’s overall Blue Economy program, which takes a multi-pronged, coordinated approach to ensuring the protection and sustainable use of marine and coastal resources.

PROBLUE focuses on four key themes:

  • the management of fisheries and aquaculture
  • the threats posed to ocean health by marine pollution, including litter and plastics
  • the sustainable development of key oceanic sectors such as tourism, maritime transport and off-shore renewable energy
  • building the capacity of governments to manage their marine and coastal resources in an integrated fashion to deliver more and long-lasting benefits to countries and communities.
Country
European Member States
Fund
Multi-Donor Trust Fund (MDTF); World Bank
Budget
More than $100 million has been committed by donors
Website
http://www.worldbank.org/en/topic/environment/brief/the-world-banks-blue-economy-program-and-problue-frequently-asked-questions
Sector of Activity
Marine aquaculture Maritime and coastal tourism Ocean renewable energy Other
Other Sectors
Blue Economy; Ocean