The European Investment Bank (EIB) is planning to increase its investments into the world's fisheries in the coming years, Christopher Knowles, head of climate change and environment division at the bank, told delegates at the SeaWeb Seafood Summit in Malta last week.
Between 2009 and 2014, the EIB invested "only" €200 million ($225.5 million) into the fishing industry, which included investments across the whole value chain, including processing, he said.
Compared to this, it pumped €90 billion ($101.5 billion) into climate action between 2011 and 2015 -- of which €20.6