CASTRIES, St. Lucia, CMC—The Organisation of Eastern Caribbean States (OECS) says it will host a virtual forum on the blue economy later this month, focusing on sustainable development opportunities in the subregion.
“We are thrilled to host this virtual forum and shine a spotlight on the incredible potential of the blue economy,” said OECS Director General Dr. Didacus Jules regarding the November 26 event.
“The forum underscores the importance of leveraging our ocean resources responsibly. By fostering investment and innovation in the blue economy, we can pave the way for sustainable development and enhance foreign investment in the Caribbean,” he added.
The St. Lucia-based OECS Commission said that the forum promises to be a pivotal event for those interested in the intersection of sustainable development and investment opportunities within the Eastern Caribbean economy.
The Blue Economy is a US$1.5 trillion industry, and the Caribbean is well suited to sustainably leverage its collective Exclusive Economic Zones (EEZ) to benefit from this emerging industry,” the Commission said, adding that the Grenada Investment and Development Corporation, Invest St. Lucia, and Invest St. Vincent and the Grenadines co-host the event.
“This forum will highlight the potential of the blue economy as a critical component of sustainable growth and a viable option for addressing several vulnerabilities exacerbated by climate change,” the Commission said, adding that the forum will bring together a panel of experts, policymakers, and industry leaders to explore the myriad possibilities within the blue economy.
Participants will also have the chance to engage with thought leaders and innovators shaping the future of ocean-based industries, including fisheries, aquaculture, and marine biotechnology.
“The key draw of the forum is giving investors the chance to discover new and valuable opportunities and connect with the Investment Promotion Agencies of each country. These agencies are experienced in supporting investors every step of the way by offering invaluable insights and guidance.
“This makes this event a fantastic opportunity for investors to learn, network, and make connections that could lead to incredibly successful developments. As the world increasingly focuses on sustainable solutions, the blue economy stands out as a key driver of economic resilience and ecological balance,” the Commission said.
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