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Treaty Enhances Governance
- The High Seas Treaty takes effect in January 2026 to boost marine biodiversity and international law.
- The blue economy is valued at $2.5 trillion annually, signaling broad governance implications for shared resources.
- Initiatives include EU funding of €5.7 million for algae farming and Ghana's West Africa Sustainable Ocean Programme.
- In Mozambique, a partnership with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) will allocate €6 million to develop the blue economy.
