International Development Grant
Global Program for the Blue Economy - Program [2020-2023]
Project Number: CA-3-P006754001
Status: Closed
Country/Region: Unknown
Regional Focus:
Maximum Contribution: $65,796,005.00
Start Date: October 22, 2019
End Date: September 10, 2024
Duration: 4.9 years
Project Description
The Global Program for the Blue Economy (PROBLUE) aims to help developing countries build their coastal economies sustainably while ensuring the protection and sustainable use of marine and coastal resources. This project is a World Bank-managed multi-donor trust fund that aims to achieve integrated and sustainable economic development in healthy and productive oceans. The blue economy refers to the sustainable use of ocean resources for economic growth improved livelihoods and jobs and ocean ecosystem health. Project activities include: (1) managing fisheries and aquaculture; (2) tackling marine pollution including plastics; (3) developing sustainable key oceanic sectors such as tourism maritime transport and offshore renewable energy; and (4) building the capacity of local governments to manage their marine and coastal resources in an integrated fashion to deliver more long-lasting benefits to countries and communities.
Expected Results
Les résultats escomptés de ce projet comprennent ce qui suit : 1) l’amélioration de la gouvernance des pêches notamment de l’aquaculture; 2) la réduction des déchets marins et de la pollution; 3) de meilleurs débouchés respectueux de l’environnement dans les activités océaniques traditionnelles et nouvelles; 4) l’amélioration de la gestion intégrée et durable des zones côtières et marines.
Progress & Results Achieved
Results achieved as of November 2023 include: (1) developed 427 knowledge products and 85 tools that improved 7.4 billion US dollars of investments in the blue economy; (2) established 31 policies plans and regulations to improve the enabling environment for the blue economy; and (3) 44 countries started cooperating regarding the blue economy at the regional level.
Key Information
Executing Agency:
IBRD Trust Funds - World Bank
Reporting Organization:
Global Affairs Canada
Program:
YFMInternaAssistPartnershp&Programing Br
Last Modified:
September 19, 2025
Development Classifications
DAC Sector:
Aid Type: Contributions to specific-purpose programmes and funds managed by implementing partners
Collaboration: Bilateral
Finance Type: Aid grant excluding debt reorganisation
Selection Mechanism:
Department-Initiated