Newsletter March 2022

Commission Implementing Decision (EU) 2022/404 provides for harmonisation of EN ISO 8847:2021 "Small craft - Steering gear - Cable over pulley systems" as standard for the Recreational Craft Directive (RCD). A transition period for the previous standard, EN ISO 8847:2021 has been set, and for which date of withdrawal is 10 September 2023. The full decision can be found here. The full list of standards supporting the RCD can be found on the website of…

At the BlueInvest Days 2022 in the European Commission and European Investment Fund (EIF) announced a new dedicated equity initiative for the blue economy. The initiative will mobilise an additional €500 million of EU funds for financial intermediaries investing in this sector. This will result in €1,5 billion of risk-financing available to innovative and sustainable blue economy SMEs and start-ups, via financial intermediaries. In addition, the BlueInvest initiative will continue beyond 2022 until 2026. As…