Blue Economyr

WHAT IS BLUE ECONOMY?

The blue economy relates to the sustainable use, management, and conservation of marine resources through activities that bring about economic development and improved the livelihoods, whilst preserving the biodiversity richness of impacted areas. The Climate Change Division at the IDBG defines as following; “a sustainable Blue (circular) Economy “is intentionally designed to create and sustain restorative, regenerative and climate resilient economic, environmental and social harmonization which safely and efficiently utilizes the resources of the land and surrounding water.”” (IDBG, 2019).


 

SCOPE OF ACTIVITIES

Technical Assistance

Advisory support related to subjects such as ocean conservation, ocean exploration, Blue Carbon, Sustainable Fisheries, Sustainable Aquaculture, Coastal Zone Management, Nature-based Solutions, Payment for Ecosystem Services, Eco-tourism and marine protected areas, Marine renewable energy.

Intersectoral Dialogue

Promote dialogue with regulators, capital markets and financial sector stakeholders and mobilize financing, knowledge, and networking.

Financial Instruments

Stimulate private and public funding for climate-related investment .



 

WHERE IT IS IMPLEMENTED

Bahamas

Marine Pollution Port Reception Facility (Clean Marine Group)

Barbados

Totally Traceable Tuna (Ten Habitat)

Belize

Market-based Incentives for Responsible Fishing (Oceana)

Haiti

Ayiti Blue Ocean Plastics Solution (Environmental Cleaning Solutions, S.A., and Pan American Development Foundation)

St. Lucia

Converting Sargassum into Biostimulant (Algas Organics)
 

PROJECT MAP

Locate all active initiatives in the region.
 

WHY BLUE ECONOMY

An approximate 97% of world's fisherman reside in coastal areas of developing countries and heavily depend upon marine resources for their daily sustaining livelihoods (UN). In LAC, the total population that reside in coasts is at 27% (UN Environment, 2017) and coastal tourism accounts for a US$6 billion in the Caribbean. Read More


 

FUNDS RELATED TO INITIATIVE



 
RESOURCES
  • Mantente informado sobre el financiamiento verde

Events


BIODIVERSITY IN ENVIRONMENTAL IMPACT ASSESSMENT

This course provides a knowledge base on accepted good practices for the effective incorporation of biodiversity into the...

Videos


video


Success stories ESI in Colombia
video (1)


Investments with an impact
Publications


Publication


A Framework and Principles for Climate Resilience Metrics in Financing Operations
Publication


Demystifying Green Bonds: Green Agribusiness Credit Certificates


 

VISIT OTHER INITIATIVES

  • Market Regulators For Development
  • Bioeconomy
  • ESG
  • Private Sector
  • Green Social and Thematic Bonds
  • Financial Mechanisms in Sustainable Energy
  • Green Finance
  • Climate Risk
  • Blue Economy
  • China LAC Financial Instruments
  • Green Bond Transparency Platform
  • LAB

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