For the past 10 years the EU has successfully deployed a CSDP military naval operation to fight piracy off the coast of Somalia. Today the threat of piracy has been minimised. At the same time the operation was tasked with monitoring fishing activity and reporting any illegal activity. Improved security conditions now allow communities to engage in fishing activities supported by EU and UN missions and initiatives.
The European Union has pledged close to EUR 300 million to conserve and sustainably use the oceans, seas and marine resources during its participation at the Our Ocean Conference in Bali, Indonesia. This comes on top of the EUR 550 million in commitments made by the EU in 2017, when it hosted the conference in Malta.