5th Semiannual Meeting of the Blue Bioeconomy Pact

On May 16, 2025, the fifth semiannual meeting of the Blue Bioeconomy Pact was held, providing an update on project progress.

The Blue Bioeconomy Pact is one of the mobilizing agendas for Business Innovation under the Recovery and Resilience Plan (PRR). It is a consortium of 83 national entities: 53 are companies of various sizes and sectors (from large multinational groups to SMEs and startups) and 30 are ENESII — Non-Business Entities of the R&I System.

The Blue Bioeconomy Pact’s main goal is to drive the development of a new leading industrial economic sector in Portugal, based on the sustainable use of marine bioresources across multiple industries.

Its various projects will help decarbonize the Portuguese economy through the blue bioeconomy: generating economic growth, creating jobs, and reducing carbon emissions in the country. In short, this Consortium finds in the sea the solution to the global scarcity of terrestrial natural resources.