Financing the blue economy: a Caribbean development opportunity
“Financing the Blue Economy: A Caribbean Development Opportunity” examines the potential of the blue economy to drive sustained and inclusive economic growth. The Paper, a joint initiative between CDB and the United Nations Development Programme, also explores factors that can constrain our Region’s ability to take full advantage of the ocean’s potential. New and high-value blue economy growth industries such as aquaculture, marine biotechnology, deep seabed mining, and ocean renewable energy remain under-developed in our Region. This paper assesses the blue economy potential for the Caribbean, and focuses on innovative financing options that will enable policy makers to advance blue economy strategies at a national and regional level.