The EU strategy for the Baltic Sea Region

The EU Strategy for the Baltic Sea Region (SBSR), adopted by the Council in October 2009, is the first EU macro-region initiative for sustainable development. The SBSR has the general aims of making the region more environmentally sustainable, more prosperous, more accessible and attractive, as well as safer and more secure. The Baltic Sea Region encompasses eight Member States and faces significant challenges in the shipping, fisheries and energy sectors, which are directly or indirectly targeted by the SBSR. An Action Plan for the SBSR, with proposed actions and flagship projects, was prepared following consultation with Member States and stakeholders. Its implementation is in turn dependent on further collaboration. The SBSR does not imply any additional funding, with the transnational cooperation funds of the 2007-13 cohesion policy being the main tool. The EP has welcomed the SBSR and highlighted its contribution to improving the diversification of the region's energy production and supply.