Within the Caribbean, there is a growing awareness of the need for a new economic paradigm for inclusive and sustainable development, in order to deliver solutions for the most pressing challenges which are made worse by international economic and environmental crises.
In the backdrop of the limited diversification of the countries’ economies and their dependence on natural resources, green economy offers a viable option to increase competitiveness and resilience of the region’s economies and merge prosperity and growth for all with sustainability.
“I commit my Government to working assiduously with the Social Partnership to ensure that the measures indentified in Barbados’ Green Economy Scoping Study, which can contribute to a more prosperous and environmentally sensitive Barbados, will be implemented expeditiously” said Freundel J. Stuart, Prime Minister of Barbados.
“We see a green economy not only as the area of renewable energy, but we see the green economy as a means of providing new opportunities for our people in St. Kitts,” said Earl Asim Martin, Deputy Prime Minister of St. Kitts and Nevis.
“We are also showing that it is possible to create a better, environmentally sustainable national economy without compromising our citizens’ legitimate aspirations for increased prosperity,” said Bharrat Jagdeo, Former Prime Minister of Guyana
Effective green economy strategies and programmes must address barriers to change that affect the whole Caribbean region. In searching for alternatives to “business-as-usual”, emphasis should be placed on redirecting investments and creating economic incentives that lead to sustainable development and poverty eradication.
UNEP, in cooperation with the CARICOM Secretariat and with financial support of the European Union, is supporting the region through a Caribbean Green Economy Initiative.
The outcomes of project, as well as the experiences and lessons learned during its implementation should offer ideas and opportunities for scaling up green economy transition in other countries and regions especially in island states in the Pacific, Africa and elsewhere.
Please download the project flyer on green economy in the Caribbean here.