The PAMEX Local Investment Finance Facility (PLIFF) recently collaborated with the French Ministry of Foreign Affairs and the Hellenic-Spanish Chamber of Commerce to host a successful side event at the Our Ocean Conference in Athens. The event, titled “Financing Ocean Economy and Political Mobilization within the Mediterranean Region,” focused on the importance of political will and mobilization efforts in countries within the Mediterranean region.
During the discussion, attendees emphasized the need for projects that will protect the oceans and environment in the region while promoting sustainability. They highlighted how financial instruments can support these efforts by providing crucial funding for projects that aim to address urgent environmental challenges.
The event also showcased collaborative efforts between various organizations and governments in the Mediterranean region to promote sustainability and protect the environment. By working together and utilizing appropriate financial tools, these stakeholders hope to make a positive impact on ocean health and ensure a sustainable future for the region. Overall, this event highlights how financial instruments can play a critical role in supporting sustainable development initiatives within the Mediterranean region.