The biggest topics of the 21st century: money and climate meet on the shore of the Black Sea. You could say they meet on the six shores of the Black Sea as it borders no less than six countries: Bulgaria, Georgia, Romania, Russia, Turkey, and Ukraine, making it influential from all standpoints. It’s political, environmental, financial_ and it’s urgent.
What is going on in the Black Sea?
The Black Sea is known to be one of the most polluted seas in the world, projected to be the first big sea to become inhospitable. These statistics have called for big measures.
What is DOORS?
“DOORS – ‘Developing Optimal and Open Research Support’ for the Black Sea, is a new €9m EU research project linking science, policy and industry for critical Black Sea regeneration. It brings together expertise and technology from 35 institutions from the Black Sea region and other European countries to address the human and climate change impacts on damaged ecosystems.”
What do they do?
DOORS uses innovation, targeting different areas of climate emergency with Shelley AI ,CyArk and NDP Mussel Farm (sustainable aquaculture) covering tourism, heritage, eco public transportation, food security and many more.
EU Parliament exposure
“ A high-level session dedicated to showcasing the results of the DOORS project took place on March 27 at the European Parliament in Brussels. The event was hosted by Romanian MEP Victor Negrescu, Vice-President of the European Parliament, BUDG, SANT, JURI, ENVI Committees, and MEP Ștefan Mușoiu, TRAN, INTA Committees, and Adrian Stanica, Coordinator of the H2020 DOORS Black Sea project, with Director-General Charlina Vitcheva, Directorate-General for Maritime Affairs and Fisheries, sharing the opening perspectives,” according to a press release.
The DOORS Black Sea Blue Economy investment portfolio brings together a range of pioneering prospects in the Black Sea region.
The Blue Economy – the sustainable use of ocean, sea, and coastal resources for economic prosperity while preserving the health of marine ecosystems – is “one of the most exciting areas of sustainable growth, and the Black Sea coast offers enormous investment potential,” the release said.
There are distinct opportunities to shape the Blue Economy landscape while supporting the continued rehabilitation of the Black Sea which is a vital source of life and livelihood.
Diverse opportunities exist across the digital innovation, renewables, circular economy, aquaculture, and tourism sectors, with innovators and entrepreneurs seeking a range of investor support from scale-up funding and investment in skills development, to development of potential partnerships and commercialisation.
So, plenty of new opportunities for investments arise as innovation, technology and the projects are ready to roll.
