Re-thinking development approaches
for ocean economies
Ocean-based economies face a series of challenges that limit their chances of sustainable development and make them highly vulnerable to climate change. Despite these challenges, the vast natural capital in these territories opens up potentially large development approaches from which a new economy can emerge–including those that incorporate aspects of the Blue and Circular Economies. The Inter-American Development Bank is committed to translating these relatively new and complex concepts into practical actions that help improve lives in Latin America and the Caribbean. The Sustainable Islands Platform aims to be a space for exchange and learning about the potential of ocean resources to contribute to sustainable development.
Remote Waters Blue Economy Innovation
Remote Waters offers a sustainable low cost water desalination system that can be powered by solar energy.Read more
Oceanus Power and Water
Improving the resilience of the water and energy sector and fighting supply problems in impacted regions is the goal of Oceanus Power & Water, founded...Read more
Climate Smart Island
In the spring of 2017, IDB launched a climate change mitigation pilot project to support the installation of energy efficient lighting technology in public buildings in Harbour Island, Bahamas.Read More
The tourist community of Caye Caulker, Belize was the first to become a Climate Smart Island through its commitment to transitioning to a low carbon and climate resilient pathway.Read More
In addition to our goal of providing islands with project financing for interventions, the Sustainable Islands Platform aims to further private sector development by providing access to cutting edge knowledge for firms, business, support organizations and governments across the World. Click below to access a valuable repository of studies, assessments and data and has made it available for download through the SIsP Resources Centre.