The concept of the Blue Economy has emerged as a way to expand upon the Green Economy in a way that is more relevant to coastal countries and their inhabitants. Creating sustainable solutions is imperative to long-term solutions. The emergence of the sustainable Blue Economy is such a powerful and important idea and is hoped it will help to solve many impending crises.
Here at Island Innovation, we are very positive about the future social, environmental and economic prospects of SIDS, as they start to implement their own projects to protect the Blue Economy. This all very much in line with our support for the Sustainable Development Goals (SDGs). These measures can include “blue financing” which involves combining responsible private investments with the world of marine conservation to benefit local communities. This will create jobs in renewable energy, aquaculture and renewable energies, while also protecting the environment.