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Regeneron Reports Second Quarter 2013 Financial and Operating Results

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Over recent decades, our marine environments have undergone widespread deterioration. To turn this tide, the world must commit to sustainable action and invest in innovative solutions. Organised since 2014, the Our Ocean conferences are all about driving these commitments.

The 2017 edition of Our Ocean hosted by the European Union in Malta, generated an unprecedented level of ambition:

With 100 commitments from the corporate sector, the 2017 conference for the first time mobilised at scale the business community in ocean conservation. The EU's 35 commitments alone amounted to over EUR550million, and together with its Member States and the European Investment Bank, the total EU pledge exceeded EUR2.8billion. Other countries, NGOs, foundations, research institutes and international organisations tabled nearly 300 commitments in a truly global show of determination to act. Altogether, almost doubling the amount pledged since 2014, substantially increasing the world's marine protected areas and launching impactful action in all corners of our ocean.

Palau announced that it will host the 2020 Our Ocean Conference.

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The announced the launch of WISE-Marine, a gateway to information on European water issues for the general public and stakeholders to promote better ocean governance and ecosystem-based management. The platform will be expanded and integrated further in the years to come.

European Union

The announced that it will contribute EUR2million in 2017 to support the implementation of the Marine Strategy Framework Directive by the Member States and a further 2.3million to support regional and inter-regional cooperation for this objective. The EU law aims to achieve Good Environmental Status (GES) of the waters of EU Member States by 2020 and to protect the resource base upon which marine-related economic and social activities depend.

The announced that it will commit EUR2.85million to marine pollution prevention and preparedness projects and EUR2.5million to marine pollution exercises, to support and complement the cross-border cooperation efforts between EU countries and with selected countries in the EU's vicinity.

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