EU commits €1 billion to protect oceans under a new pact

European Union Commission President Ursula Von Der Leyen has announced a €1 billion investment plan to protect oceans and support coastal communities and fisheries.

“There is a funding shortfall to support ocean conservation, to support ocean science, and sustainable fishing, she said.

Speaking at the United Nations ocean conservation summit in the French city of Nice on Monday, she said the funds will go to 50 different projects…