Exploring Opportunities for Transformation to Inclusive, Sustainable and Resilient Economies in the Eastern Caribbean

Authors :
McHale Andrew
Organisation:
Caribbean Natural Resources Institute (CANARI), Green Economy Coalition (GEC), European Union (EU)

Based on the global Green Economy Coalition's (GEC) five-themed framing of the green economy the technical report Exploring Opportunities for Transformation to Inclusive, Sustainable and Resilient Economies in the Eastern Caribbean was developed for baselining the state of the Green Economy (GE) in partner countries, as defined within the narrow objectives of the EU GE dialogues project. 

The report contains the overall review of the current state of incorporation of green economy strategies in national policies of the OCES countries, the challenges of mainstreaming green economy concept, and policy recommendations that could increase the momentum of the green economy in these regions. The report includes the potential opportunities, hurdles, catalysts and institutional capacities required for transitioning to a green economy in the OECS. The main objective of the report was to develop recommendations for sub-regional economic policy, which could influence sustainable development planning processes, economic strategies, plans and institutions that are critical to the attainment of a sustainable, green and inclusive economy in the OECS. The report suggests that due to the lack of capacity to manage the restructuring process as well as an inherent inertia to reform the current the political economy the transitioning to a green or blue economy has not yet been mainstreamed into economic policy formulation and policy action in the OECS.