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Blue Economy

  • “Underwater Space Station” to be built in Curacao

    August 20, 2020

    The “underwater version” of the International Space Station is coming to the Caribbean island of Curaçao.  Renowned ocean explorer Fabien Cousteau has announced his plans for PROTEUS, a project that’s being billed as the “world’s most advanced scientific research station and habitat.” “We are delighted to be home to PROTEUS,” said Dr Steven Martina, Curaçao’s […]

  • Barbados to launch biofuels program

    June 12, 2020

    Demonstrating its commitment to investing in the Blue Economy, Barbados has announced the launch of a biofuel drive, to come on stream this year. Barbados National Oil Company Limited (BNOCL) Renewable Energy Officer and Advisor to the Minister of the Blue Economy, Mark Hill, made the announcement at a display of the Aquamarine harvester, recently […]

  • Lifesaver Wave Energy Device, Photo: Fred Olsen

    Wave and Tide Energy Production Increase Tenfold

    March 20, 2020

    Global wave and tidal energy production increased from less than 5GWh to 45GWh in just a decade, according to a report issued by Ocean Energy Systems. Several technologies have been deployed for open-sea testing, as international support for marine renewables continues to climb. Reducing emissions and increasing electricity production are helping drive the trend. Source […]

  • CDB - Dr. Justin Ram and Dr. Warren Smith

    Blue Economy Accounted for 7% of Jamaica’s GDP in 2017

    February 12, 2020

    The Blue Economy was responsible for more than US$1 billion of GDP in Jamaica in 2017, according to Caribbean Development Bank (CDB) Director of Economics Dr. Justin Ram. The announcement was part of the CDB’s annual news conference in Barbados, and included wider discussions about economic growth in the region. Among the economic leaders in […]

  • Report: Investor Interest in Blue Economy is High

    February 6, 2020

    Responsible Investor, in partnership with Credit Suisse, has issued a report measuring investor sentiment around the Blue Economy. The survey of 328 asset managers and owners across 34 countries sought to gauge conditions for private capital to flow toward Blue Economy initiatives. Results indicate that industry interest is high, with three in four respondents considering […]

  • UNDP awards $15k in ‘blue lab funding’ to four startups

    January 20, 2020

    The United Nations Development Programme’s Blue Economy Accelerator Lab in Barbados awarded blue lab funding to four startups doing work related to the Blue Economy. The companies were chosen from among eight candidates, and will receive up to US$15,000 in total funding. Winners included Bio Plastic Creation, which makes biodegradable products from sargassum seaweed and […]

  • Elizabeth Warren Announces ‘Blue New Deal’

    December 11, 2019

    Democratic presidential candidate Elizabeth Warren has released a Blue New Deal—indicating a growing US focus on issues related to the Blue Economy. The comprehensive plan focuses on ocean conservation, marine renewable energy and related industries. Included in the proposal are support for offshore clean energy, community benefit agreements, and new standards for sustainable ocean farming. […]

  • Barbados and New Zealand to collaborate on Blue Economy development

    September 13, 2019

    Barbados has joined a collaborative effort with New Zealand which will focus on fighting against the acidification of oceans and climate change. “Ocean acidification is a serious and urgent global challenge, linked with climate change, that requires international cooperation”, said New Zealand’s Minister for Climate Change James Shaw. The Barbados government have joined the New Zealand-led […]

  • The game-changers for the Caribbean Blue Economy

    From our Editorial Team

    August 13, 2019

    The Blue Economy – the sustainable use of oceans for economic growth – is finding its feet in the Caribbean. The region is taking steps towards a robust regional Blue Economy, with incremental policy change in several countries and ​locally developed technologies​ that are setting the stage for future growth.  The change is slow but […]

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