PROBLUE is a new Multi-Donor Trust Fund, housed at the World Bank, that supports the development of integrated, sustainable and healthy marine and coastal resources. With the Blue Economy Action Plan as its foundation, PROBLUE contributes to the implementation of Sustainable Development Goal 14 (SDG 14) and is fully aligned with the World Bank’s twin goals of ending extreme poverty and increasing the income and welfare of the poor in a sustainable way.
PROBLUE focuses on four key areas:
1) The management of sustainable fisheries and aquaculture
2) Addressing threats posed to ocean health by marine pollution, including litter and plastics, from marine or land-based sources
3)The sustainable development of key oceanic sectors such as tourism, maritime transport and off-shore renewable energy
4)Building government capacity to manage marine resources, including nature-based infrastructure such as mangroves, in an integrated way to deliver more and long-lasting benefits to countries and communities
Cross-cutting issues such as poverty, livelihoods, gender, climate change and maximizing finance for development, are interwoven throughout the program.