ADB, EIB join hands to protect oceans, support blue economy PHOTO: NAZIM UDDIN PRINCE BSS, Dhaka BSS, Dhaka The Asian Development Bank (ADB) and the European Investment Bank (EIB) has formed a new clean and sustainable ocean partnership to support initiatives in Asia and the Pacific to help meet the SDGs and the climate goals of the Paris Agreement. The partnership will strengthen the capacity of ADB and EIB to support high-impact projects, said an ADB press release today. 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.