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 This conference was held on October 15, 2019

Agenda

The Blue Economy represents a paradigm shift for the Caribbean. BEC 2019 gathers regional stakeholders to build that paradigm—creating a market that effectively leverages and sustains coastal resources.

Sessions focus on the following themes:

  • Blue Economy Briefing from the last 12 months, with a look at emerging programs and how the region has responded to action items from BEC 2018.
  • Marine Renewables are poised to provide energy security and resilience across the region. Panelists will look at technology, finance and regulation as pieces of that system, and how to balance opportunity with environmental policy.
  • Matching Financial Tools to Projects means creating the right partnership structures and understanding funding options. What opportunities exist, and what does private capital need to see in order to invest in the region?
  • Gender Equity and inclusion will be a critical measure of success for blue-growth strategies. How do we foster that equity? And what can we learn from women in the field?
  • Reflections and Regional Perspectives from policymakers offer critical insights and updates on work happening in the BE space.

Plus, expert panelists will Brainstorm the biggest issues facing Blue Economy development in the region, collaborating with delegates to find solutions.

Tuesday

October 15
7:45-8:45

Registration & Coffee

8:45-8:55

Caribbean Development Bank Welcome

  • Dr. Justin Ram

    Caribbean Development Bank
    Director of Economics

8:55-9:30

Opening Reflections

Thought leaders set the stage with insight and analysis on the Blue Economy. What progress have we seen internationally and how can that translate to the region? What should we keep in mind as we build this new economic paradigm?

  • Gerard Alleng

    Inter-American Development Bank
    Senior Climate Change Specialist

  • William Crosbie

    Global Affairs Canada
    Special Consultant on the Blue Economy

  • His Excellency Dr. Didacus Jules

    Organisation of Eastern Caribbean States
    Director General

  • Monica La Bennett

    CARIBBEAN DEVELOPMENT BANK (CDB)
    Vice President, Operations

  • Amrikha Singh

    CARICOM Secretariat
    Programme Manager, Sustainable Development

9:30-10:30

Blue Economy Briefing: Updates Since 2018

A look back at the last 12 months to learn where the market stands and what has changed. How has the regional market evolved since last year’s Blue Economy Caribbean? How can we measure the impact of the Blue Economy?

  • Have the 5 action items from BEC 2018 been carried out? If not, why not?
  • Measuring 2018’s economic activity and growth in the Blue Economy with satellite accounts
  • The Blue Economy as a pillar of IDB’s Sustainable Island Platform

  • Gerard Alleng

    Inter-American Development Bank
    Senior Climate Change Specialist

  • Sylvia Michele Diez

    World Bank
    Senior Environmental Specialist

  • Dr. Lorna Inniss

    United Nations - Caribbean Environment Program
    Principal Coordination Officer

  • Dr. Justin Ram

    Caribbean Development Bank
    Director of Economics

  • Patricia Francis

    UN Women
    Special Advisor Moderator

10:30-11:00

Coffee Break | Networking

11:00-12:00

Towards Greater Energy Security: Near-Term Viable Marine Renewables

Much of the region is heavily dependent on imported fossil fuels. Some argue that marine-based energy sources have the potential to shift us closer to 100% renewable as the technology develops and becomes more affordable. In this session, experts discuss the contribution that marine-based energy could make to overall energy supply and its potential for climate mitigation.

  • Identifying the critical technological, financial and regulatory obstacles to harnessing marine renewables in the Caribbean, and their potential solutions
  • Overview of the main sources of marine renewable energy and highlights of small island states that have made progress tapping into these sources
  • Balancing opportunities with environmental protection policies

Panel introduction from Sweyn Johnston, Director of Greenvoe

  • Dr. Mark Leybourne

    ITPEnergised
    Associate Director

  • Kendra MacDonald

    Canada Ocean Supercluster
    CEO

  • Christopher Milley

    Nexus Coastal Resource Management
    President

  • Keisha Reid

    Ministry of Energy and Water Resources, Government of Barbados
    Project Manager

  • Joachim Schmillen

    Centre for Blue Economy and Innovation | Caribbean Maritime University
    Executive Director | Vice President, Global Affairs

  • Joseph Williams

    Caribbean Development Bank (CDB)
    Head (ag.), Renewable Energy & Energy Efficiency Unit Moderator

12:00-1:00

Creating the Right Ecosystem for Finance

There’s been a flurry of activity in the region as governments, multilaterals and private capital providers realize the scope and potential of the Blue Economy. We’ll explore available sources of funding, what financial tools fit which projects, and what a bankable project looks like.

  • National Level: private sector-led development, blue bonds, debt restructuring
  • Project Level: Blended finance, junior stock exchanges, impact investment
  • Matching investments to the right need and opportunity
  • What does private capital need to see (e.g., regulation, policies) in order to invest in the region?

  • Poorvi Kunzru

    JPMorgan Chase Corporate and Investment Bank, Public Sector Group
    Vice President

  • Monica La Bennett

    CARIBBEAN DEVELOPMENT BANK (CDB)
    Vice President, Operations

  • Darryl White

    RBC Financial Caribbean Limited
    CEO

  • Dieter Wittkowski

    Investment Unit, IDB Lab
    Lead Investment Specialist

  • Gail Hurley

    UNDP | Development Initiatives | Global Ethical Finance Initiative
    Advisor | Fellow | Associate Moderator

1:00-2:30

Lunch

2:30-3:15

Gender Equity in the Blue Economy

With an emerging Blue Economy comes great potential for prosperity in the region. But development in the blue space must consider the impact on traditionally disenfranchised groups. This is why inclusivity is a critical measure of success for blue-growth strategies, especially as it relates to gender equity and access to opportunity. With this in mind, we’ve framed a discussion around gender in the Blue Economy—challenges, trends and what an inclusive Blue Economy looks like in the Caribbean.

  • Learning from women leaders in fisheries, marine transport, tourism
  • Challenges for women entrepreneurs and project providers seeking capital
  • Improving engagement and participation of women in the Blue Economy

  • Sandra Casanova
    Sandra Casanova

    Cluster GAT Caraibes Logistics and Transport
    President

  • Gail Hurley

    UNDP | Development Initiatives | Global Ethical Finance Initiative
    Advisor | Fellow | Associate

  • Nicole Leotaud
    Nicole Leotaud

    Caribbean Natural Resources Institute (CANARI)
    Executive Director

  • Nikola Simpson

    UNDP, Barbados and the OECS
    Head of Blue Lab

  • George Yearwood Jr.
    George Yearwood Jr.

    Caribbean Development Bank
    Portfolio Manager, Basic Needs Trust Fund

  • Helen Avery

    Euromoney Magazine
    Social and Environmental Finance Editor Moderator

3:15-4:45

Blue Economy Brainstorm

Interactive Workshop

An expert panel identifies 3 major issues facing the region’s Blue Economy development, and collaborates with delegates to workshop possible solutions and ideas.

  • Klaas de Vos

    Ocean Fox Advisory
    Independent Consultant

  • Dr. Angus Friday
    Dr. Angus Friday

    Caribbean Climate Smart Accelerator | Atlantean BioSphere Program
    Blue Advisor | Executive Chairman

  • David Meyers

    Conservation Finance Alliance
    Executive Director

  • Robert Wright

    New Leaf Power
    Managing Director

  • Nicole Leotaud
    Nicole Leotaud

    Caribbean Natural Resources Institute (CANARI)
    Executive Director Moderator

4:45-5:15

Coffee Break | Networking

5:15-6:15

Reflections & Regional Perspectives

Synthesizing major takeaways and action items from the day, we conclude with a look at what’s next for the market, and how we get there.

  • What to expect from the Caribbean Blue Economy in the next year
  • Implications for a global push toward ocean sustainability (e.g., COP 25 in Chile and Norway’s Blue Maritime Cluster)
  • Key takeaways for stakeholders to keep in mind

  • Dr. Angus Friday
    Dr. Angus Friday

    Caribbean Climate Smart Accelerator | Atlantean BioSphere Program
    Blue Advisor | Executive Chairman

  • The Hon. Dr. Gale Tracy Christiane Rigobert

    Government of St. Lucia
    Minister for Education, Innovation, Gender Relations and Sustainable Development

  • His Excellency Dr. Didacus Jules

    Organisation of Eastern Caribbean States
    Director General

6:15-6:30

Closing Remarks

  • Dr. Justin Ram

    Caribbean Development Bank
    Director of Economics

6:30-8:00

Networking Cocktail Reception

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