EU and Canada secure €211 million for ocean observation activities

Sept 23 - The ‌European Commission ​and ​Canada have secured at least €211 million ($240 million) in funding pledges for a newly launched ‌ocean observation initiative, European Commission President Ursula ⁠von der Leyen and Canadian Prime Minister Mark Carney ‌said on Wednesday at ‌the UN General Assembly in New York.

The OceanEye International Alliance for the Global Ocean Observing ​System, which so far comprises 30 country members and the European Union, aims to ⁠support safe navigation, weather forecasting, climate prediction, coastal protection and the ​naval economy.

• "We must listen to the ocean and we must protect it much more. ​And yet, ocean observation ‌is under huge pressure. The global network that provides this data faces a ⁠critical funding shortfall," von der Leyen said.

• She said the EU had increased its funding for ⁠ocean observation activities with a seed round of €92 million, while ​Canada's Carney said that his country would spend 82 million Canadian dollars ($58 million) over five years for this ‌purpose.

• The funding will support the observing networks by developing technologies, as well ‌as adding more equipment in the high ⁠seas and in space ‌such as sensors ​and satellites.

($1 = 0.8780 euros)

($1 = 1.4100 Canadian dollars)

(Reporting by Mateusz Rabiega, Editing by Timothy ‌Heritage)

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