Cabinet approves VI' Strategic Blue Economy Roadmap - UNDP supported framework sets guide Territory’s sustainable development of ocean resources
ROAD TOWN, Tortola, VI - The Cabinet of the Virgin Islands (VI) has approved the Strategic Blue Economy Roadmap for the Virgin Islands, which will serve as the framework to guide the Territory’s sustainable development of ocean resources in the coming years.
2022-12-16 14:20:20 - VI News Staff
This is according to statements of the Cabinet meeting of November 30, 2022, chaired by Governor John J. Rankin, CMG, at the Premier's Conference Room, Cutlass Tower, where all members were present.
The roadmap will also establish a multi-agency/stakeholder Ocean Governance and Blue Economy Coordinating Committee responsible for advising on management and planning of the marine space and coordinating the implementation of the Roadmap.
The Blue Economy is related to an economic system or sector that seeks to conserve marine and freshwater environments while using them in a sustainable way to develop economic growth and produce resources.
The Virgin Islands (VI) Strategic Blue Economy Roadmap, is one that was developed with support from the United Nations Development Programme (UNDP) and sets out an integrated approach to ocean-based sustainable development.