The OECS Green-Blue Economy Strategy and Action Plan – the first of its kind in the Caribbean and globally to combine green and blue economy strategies for sustainable development – will be advanced under a Memorandum of Understanding (MOU) signed in June 2019 between the Caribbean Natural Resources Institute (CANARI) and the Organisation of Eastern Caribbean States (OECS) Commission.
CANARI will work with the OECS to develop and implement the Strategy and Action Plan, which will keep the OECS at the forefront of global dialogues on sustainable development in a small island context.
A green economy is one which minimises ecosystem degradation, and is low carbon, resource efficient and socially equitable. Within this, a blue economy focuses specifically on coastal and marine resources.
In an OECS green-blue economy, growth in employment and income levels is driven by investment into economic activities, assets and natural infrastructure which conserve biodiversity and ecosystem services that are critical to OECS countries and territories.
Key government agencies and other stakeholders in OECS countries and territories will be engaged by CANARI to develop strategies and actions to capitalise on green and blue economy opportunities in the OECS that are equitable, conserve ecosystems, build resilience and improve the lives and livelihoods of Eastern Caribbean people.