ADB, EIB Join Forces to Protect Oceans, Support the Blue Economy ADB, EIB Join Forces to Protect Oceans, Support the Blue Economy News Release | 15 January 2021 MANILA, PHILIPPINES (15 January 2021) - The Asian Development Bank (ADB) and the European Investment Bank (EIB) today formed a new Clean and Sustainable Ocean Partnership to support initiatives in Asia and the Pacific to help meet the Sustainable Development Goals (SDGs) and the climate goals of the Paris Agreement. The partnership will strengthen the capacity of ADB and EIB to support high-impact projects. Both institutions will finance activities aimed at promoting cleaner oceans through the reduction of land-based plastics and other pollutants discharged into the ocean, as well as projects to improve the sustainability of socioeconomic activities that take place in oceans or use ocean-based resources.