Sweden invests US$4 million in global marine ecosystems
On August 20, 2019, the Swedish government committed to allocating SEK39 million (US$4 million) from the ODA budget to international environmental organizations such as the United Nations Environment Programme (UNEP) and the Stockholm International Water Institute (SIWI). The funding will provide support for the fight against ocean acidification and littering, strengthening cooperation around maritime areas, developing tools to counteract negative effects of human impact, and contributing to a sustainable so-called blue economy. In addition, the funds are aimed at supporting developing countries’ ability to participate in international negotiations.
Since the 2017 UN Maritime Conference, initiated by Sweden and Fiji, Sweden has made substantive investments in ocean cleanup initiatives, domestically and internationally.