X Shore Named ‘EU Blue Champion’ by European Commission and EIB
X Shore, the Swedish technology company pioneering fully-electric, silent, and connected boats, has been honoured as an ‘EU Blue Champion’ by the European Commission and the European Investment Bank (EIB).
The ‘EU Blue Champions’ scheme, launched late last year by the European Commission in collaboration with the EIB, aims to provide financial advisory services and support to organisations committed to restoring marine and freshwater ecosystems, eliminating pollution, and decarbonising the blue economy.
Virginijus Sinkevičius, Commissioner for Environment, Oceans and Fisheries for the European Commission, highlighted the importance of marine conservation in Europe’s climate plans, stating, “There is no Green Deal without the oceans, no green recovery without the blue economy.”
X Shore’s CEO, René Hansen, expressed his gratitude for the recognition, saying, “It’s extremely gratifying to receive this recognition for our work to decarbonise the marine industry. For too long, boating has been a source of pollution and waste, and X Shore is committed to cleaning up our waters and maintaining the sanctity of our natural environment by reducing carbon emissions and noise pollution. We believe that the future of boating will be a much more harmonious relationship with nature.”
X Shore is one of 20 projects selected for the scheme, having met stringent criteria. The Blue Champions scheme, supported by the BlueInvest platform under the European Maritime and Fisheries Fund, promotes innovation and investment in sustainable technologies for the blue economy.
The Blue Champions initiative is part of the broader EU Mission ‘Restore our Ocean and Waters,’ which aims to restore and protect water health by 2030. The EU has set measurable targets for ecosystem and biodiversity protection, zero pollution, decarbonisation, and net GHG emissions reduction.
Of the 20 projects selected, six originate from Nordic countries, underscoring the region’s dedication to marine environment conservation and sustainability.
