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Table 5.2 Economic, social and environmental impacts of policy actions by policy option (compared to baseline option 1) Assessment of Impacts Policy options- Full list of actions Economic 2 Facilitating and promoting Blue Biotechnology (soft policy actions) 2A Support the development of the Marine Biotechnology ERA-NET (ERA-MBT) (SO1) 2B 2C 2D 2E Promote collaboration between stakeholders via EU level and international workshops and other events (SO1) Mapping of Blue Biotech SMEs (in order to increase visibility - passively) (SO1 + SO3) Organise Blue Biotech matchmaking events bringing SMEs and investors together (in order to increase visibility – actively) (SO1 + SO3) Support the mapping of genetic resources stored in biobanks (SO2) 2F Support the mapping of available infrastructure (particularly those used for bioprospecting) (SO2) ++ + Social Environmental + + + + + + + + + + 2G Continue to develop and promote the mapping of Blue Biotechnology investors (SO3); + + 2H Establish a Blue Growth fund for Blue Biotech SMEs, to be constructed from existing financing instruments - using streamlined mechanisms such as bridging loans (SO3) 2I Disseminate information on the available financial instruments for SMEs (e.g. Horizon 2020) and raise awareness about the various financial mechanisms among Blue Biotechnology stakeholders (SO3) 2J Identify and disseminate best practices related to ABS and related to marine genetic resources (SO4) 2K Develop and promulgate guidelines for the implementation of the Nagoya Protocol and ABS of marine genetic resources (SO4). Total scores policy option 2 Average score per individual policy action 3. Mainstreaming Blue Biotechnology 3A ++ + + + + +++ + 15 1.4 9 0.8 +++ 4 0.4 Promote the inclusion of Blue Biotechnology research activities in existing ERA’s (e.g. ERA Industrial Biotechnology (SO1) + + Study in support of Impact Assessment work on Blue Biotechnology 73

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