World Bank Search - documentsZWU1ZTZkMDdlYWY0YzI2Zjc2ZjRmMjZhNWFiZTlmNDA2OWMwMWZmNA2http://www.worldbank.org/en/results/2022/05/11/preparing-the-foundation-for-a-vibrant-blue-economy-in-the-eastern-caribbeanDominica,Grenada,St. Kitts and Nevis,St. Lucia,St. Vincent and the GrenadinesThe Caribbean Regional Oceanscape Project (CROP) helped prepare the foundation for five Organisation of Eastern Caribbean States (OECS) member countries (Dominica, Grenada, St. Kitts and Nevis, St. Lucia, and St. Vincent and the Grenadines) to transition to a vibrant Blue Economyregions:Latin America and Caribbean,distribution:oecs,country:Dominica,country:Grenada,country:St. Kitts and Nevis,country:St. Lucia,country:St. Vincent and the GrenadinesEnglishLatin America and CaribbeanPreparing the Foundation for a Vibrant Blue Economy in the Eastern CaribbeanP159653/content/wb-home/en/projects-operations/results/2022/05/11/preparing-the-foundation-for-a-vibrant-blue-economy-in-the-eastern-caribbean2022-05-11T17:11:32ZtrueLatin America and Caribbeancq5Dominica,Grenada,St. Kitts and Nevis,St. Lucia,St. Vincent and the GrenadinesDM,GD,KN,LC,VCResults Beneficiary Story/Quote “This Blue Economy Roundtable is a great initiative that plays a pivotal role in providing Caribbean member states with guidelines on the introduction and improvement of Blue Economy Ecosystem Services. I have captured knowledge which is assisting me to effectively implement my current project goals.” – Clyelle Flavius, Evaluations and Monitoring Officer, Department of Sustainable Development St. Lucia, Government of St. Lucia Challenge Economic growth in the Eastern Caribbean has long been volatile due to the concentration of activity in a few sectors and vulnerability to natural disasters and other external shocks. In addition, the region’s natural assets faced grave human-induced pressures, including burgeoning coastal development and over-exploitation of marine resources, due to weak planning and unsustainable practices. The region’s natural assets offered unprecedented economic opportunities to address poverty and unemployment. Well-managed natural capital was fundamental to enabling sustainable economic growth and poverty reduction in the OECS region. Approach The Caribbean has long been at the forefront of raising awareness about investment opportunities in the Blue Economy (defined by the World Bank as sustainable and integrated development of oceanic sectors in healthy oceans). To foster a vibrant Blue Economy across the region, OECS countries recognized the need to establish a clear Ocean Governance Framework, improve and expand marine data aggregation and analytical tools, and increase knowledge and awareness about ocean-related matters through enriched educational content. The World Bank, through CROP, enabled OECS member states to significantly advance in these areas through the development of national policies to govern sustainable use of ocean resources, establish data aggregation tools to support marine spatial planning, and promote increased awareness among decision makers about the importance of sustainable ocean resources management. Through knowledge products and workshops, project beneficiaries developed their capacity to adopt good ocean governance practices and take more informed decisions over sustainable management of ocean spaces at both national and regional levels. Beneficiary Story/Quote “This Blue Economy Roundtable is a great initiative that plays a pivotal role in providing Caribbean member states with guidelines on the introduction and improvement of Blue Economy Ecosystem Services. I have captured knowledge which is assisting me to effectively implement my current project goals.” – Clyelle Flavius, Evaluations and Monitoring Officer, Department of Sustainable Development St. Lucia, Government of St. Lucia Challenge Economic growth in the Eastern Caribbean has long been volatile due to the concentration of activity in a few sectors and vulnerability to natural disasters and other external shocks. In addition, the region’s natural assets faced grave human-induced pressures, including burgeoning coastal development and over-exploitation of marine resources, due to weak planning and unsustainable practices. The region’s natural assets offered unprecedented economic opportunities to address poverty and unemployment. Well-managed natural capitalResultsoecsTrust FundOTRiYmI1NWQ4MDA0OTA2MGI1YjY3YmQ3OTJiNzYzODczZDQ0ZDU3ZA2http://www.worldbank.org/en/news/speech/2020/02/13/regional-transformation-through-innovation-in-the-eastern-caribbeanSt. Kitts and NevisOpening Remarks, 4th Eastern Caribbean Central Bank Growth and Resilience Dialogueregions:Latin America and Caribbean,country:St. Kitts and Nevis,subject:innovation and growthEnglishLatin America and CaribbeanRegional Transformation Through Innovation in the Eastern CaribbeanInnovation And Growth/content/wb-home/en/news/speech/2020/02/13/regional-transformation-through-innovation-in-the-eastern-caribbean2020-02-13T13:59:00ZLatin America and Caribbeancq5St. Kitts and NevisKNSpeeches and TranscriptsSpeeches and TranscriptsIBRDMmNmYzk5NDEyMmM1MjllYjc3ODk2NjA5OTc0NDIxOGM2NDQ2MzcwMQ2http://www.worldbank.org/en/news/press-release/2018/08/09/caribbean-aims-become-world-first-climate-smart-zoneGrenada,St. Lucia,Dominica,Jamaica,Montserrat,Turks and Caicos Islands,St. Kitts and Nevis,Antigua and Barbuda,Virgin Islands, British,Belize,Barbados,Bahamas,Guyana,Suriname,Costa Rica,Dominican Republic,Aruba,St. Vincent and the Grenadines,Panama,Haiti,Mexico,Honduras26 countries and 40+ private sector partners create a coalition to fast-track climate action across the Caribbeanregions:Latin America and Caribbean,subject:climate change,country:Grenada,country:St. Lucia,country:Dominica,country:Jamaica,country:Montserrat,country:Turks and Caicos Islands,country:St. Kitts and Nevis,country:Antigua and Barbuda,country:Virgin Islands, British,country:Belize,country:Barbados,country:Bahamas,country:Guyana,country:Suriname,country:Costa Rica,country:Dominican Republic,country:Aruba,country:St. Vincent and the Grenadines,country:Panama,country:Haiti,country:Mexico,country:Honduras,subject:urban development,subject:disaster-risk-managementEnglishLatin America and CaribbeanCaribbean Aims to Become World's First Climate-Smart ZoneClimate Change,Urban Development,Disaster-risk-management/content/wb-home/en/news/press-release/2018/08/09/caribbean-aims-become-world-first-climate-smart-zone2018-08-09T10:57:00ZLatin America and Caribbeancq5Grenada,St. Lucia,Dominica,Jamaica,Montserrat,Turks and Caicos Islands,St. Kitts and Nevis,Antigua and Barbuda,Virgin Islands, British,Belize,Barbados,Bahamas,Guyana,Suriname,Costa Rica,Dominican Republic,Aruba,St. Vincent and the Grenadines,Panama,Haiti,Mexico,HondurasGD,LC,DM,JM,MS,TC,KN,AG,VG,BZ,BB,BS,GY,SR,CR,DO,AW,VC,PA,HT,MX,HNPress ReleasePress ReleaseExternal and Corporate Relations - Corporate Communications, ECRCCYjE3YmFmMmNlOWYzNGUwMGNiNDA4ZDhiNTFlNTA3YmQ5N2JkYmIyMA2http://www.worldbank.org/en/news/loans-credits/2018/07/05/oecs-eastern-caribbean-partial-credit-guarantee-corporationGrenada,Dominica,St. Vincent and the Grenadines,St. Kitts and Nevis,St. Lucia,Antigua and BarbudaOECS: Eastern Caribbean Partial Credit Guarantee Corporationregions:Latin America and Caribbean,country:Grenada,country:Dominica,country:St. Vincent and the Grenadines,country:St. Kitts and Nevis,country:St. Lucia,country:Antigua and BarbudaEnglishLatin America and CaribbeanOECS: Eastern Caribbean Partial Credit Guarantee CorporationP157715/content/wb-home/en/news/loans-credits/2018/07/05/oecs-eastern-caribbean-partial-credit-guarantee-corporation2018-07-05T18:15:00ZText/HTMLLatin America and Caribbeancq5Grenada,Dominica,St. Vincent and the Grenadines,St. Kitts and Nevis,St. Lucia,Antigua and BarbudaGD,DM,VC,KN,LC,AGIDAMTUzYmY4MjNlZTYxYWM2MTk3ODJkYmM4MzJkNDRiMzE5ZGEyMGU3MA2http://www.worldbank.org/en/results/2018/05/08/developing-a-cost-effective-strategy-for-disaster-risk-financing-to-increase-fiscal-resilience-in-the-oecs-countriesAntigua and Barbuda,Dominica,Montserrat,St. Lucia,St. Vincent and the Grenadines,St. Kitts and Nevis,Martinique,GrenadaDeveloping a Cost-Effective Strategy for Disaster Risk Financing to Increase Fiscal Resilience in the OECS Countriesregions:Latin America and Caribbean,country:Antigua and Barbuda,country:Dominica,country:Montserrat,country:St. Lucia,country:St. Vincent and the Grenadines,country:St. Kitts and Nevis,country:Martinique,country:Grenada,distribution:oecsEnglishLatin America and CaribbeanDeveloping a Cost-Effective Strategy for Disaster Risk Financing to Increase Fiscal Resilience in the OECS Countries/content/wb-home/en/projects-operations/results/2018/05/08/developing-a-cost-effective-strategy-for-disaster-risk-financing-to-increase-fiscal-resilience-in-the-oecs-countries2018-05-08T15:56:00ZtrueLatin America and Caribbeancq5Antigua and Barbuda,Dominica,Montserrat,St. Lucia,St. Vincent and the Grenadines,St. Kitts and Nevis,Martinique,GrenadaAG,DM,MS,LC,VC,KN,MQ,GDResultsDeveloping a Cost-Effective Strategy for Disaster Risk Financing to Increase Fiscal Resilience in the OECS CountriesResultsoecsOWNjNDk3YTM3MmNhOWU2YTQwYWFiNjdkOThlMzZhYzJhODkwZTA4Ng2http://www.worldbank.org/en/results/2018/05/08/promoting-evidence-based-policies-for-inclusive-growth-in-oecs-countriesAntigua and Barbuda,Dominica,Grenada,St. Vincent and the Grenadines,St. Lucia,St. Kitts and Nevis,Montserrat,MartiniquePromoting Evidence-Based Policies for Inclusive Growth in OECS Countriesregions:Latin America and Caribbean,country:Antigua and Barbuda,country:Dominica,country:Grenada,country:St. Vincent and the Grenadines,country:St. Lucia,country:St. Kitts and Nevis,country:Montserrat,country:Martinique,distribution:oecsEnglishLatin America and CaribbeanPromoting Evidence-Based Policies for Inclusive Growth in OECS Countries/content/wb-home/en/projects-operations/results/2018/05/08/promoting-evidence-based-policies-for-inclusive-growth-in-oecs-countries2018-05-08T11:31:00ZtrueLatin America and Caribbeancq5Antigua and Barbuda,Dominica,Grenada,St. Vincent and the Grenadines,St. Lucia,St. Kitts and Nevis,Montserrat,MartiniqueAG,DM,GD,VC,LC,KN,MS,MQResultsData Collection and Comparable Statistics in Small Island Developing States Challenge The member nations of the Organisation of Eastern Caribbean States (OECS) are highly susceptible to external and climate shocks. While the OECS countries experienced high levels of growth in the 1980s, they have experienced significant growth slowdowns since the 1990s, with annual growth rates of 2 percent or less on average. Natural disasters are estimated to have cost an average of 3 percent of gross domestic product (GDP) in the twenty years through 2015. Preliminary estimates of damages in Dominica from Hurricane Maria in 2017 have reached as high as 200 percent of GDP. Vulnerability and low levels of growth threaten the region’s path to reduced poverty and shared prosperity. OECS members neither collect nor monitor poverty indicators on a regular basis. The latest poverty estimates were produced by the Caribbean Development Bank (CDB) Country Poverty Assessment (CPA) between 2005 and 2009. The limited data suggests that over the past decade poverty declined less than inResultsoecsIBRD,IDANjg2NzMxZjZiODY3YzgxYjcxNTk4MWZjNmRhOGU5NDA1YzA3MDBiMg2http://www.bancomundial.org/es/results/2018/05/08/transitioning-toward-a-blue-economy-in-grenada-and-other-eastern-caribbean-statesAntigua and Barbuda,Dominica,St. Kitts and Nevis,St. Lucia,St. Vincent and the Grenadines,Grenada,Montserrat,MartiniqueTransitioning Toward a Blue Economy in Grenada and Other Eastern Caribbean Statesregions:Latin America and Caribbean,country:Antigua and Barbuda,country:Dominica,country:St. Kitts and Nevis,country:St. Lucia,country:St. Vincent and the Grenadines,country:Grenada,country:Montserrat,country:Martinique,distribution:oecsEnglishLatin America and CaribbeanLa transición hacia una economía azul en la región del Caribe orientalP156854,P160347,P152884,P153768/content/wb-home/es/projects-operations/results/2018/05/08/transitioning-toward-a-blue-economy-in-grenada-and-other-eastern-caribbean-states2018-05-08T11:14:00ZtrueLatin America and Caribbeancq5Antigua and Barbuda,Dominica,St. Kitts and Nevis,St. Lucia,St. Vincent and the Grenadines,Grenada,Montserrat,MartiniqueAG,DM,KN,LC,VC,GD,MS,MQResultsInclusive Growth and Poverty Alleviation Through Sustainable, Innovative Use of Blue Assets Desafío Tradicionalmente, los pequeños países insulares de la Organización de Estados del Caribe Oriental (OECO) han enfrentado serios desafíos para su desarrollo que, junto a un escaso crecimiento, desastres naturales, deuda elevada, gestión no sostenible de los recursos y espacio fiscal limitado, les dificulta maniobrar alrededor de estos problemas. Como resultado, los países de la OECO no han podido reducir sus tasas de pobreza y desempleo de forma correspondiente a sus niveles de ingreso per cápita. Por ejemplo, en 2008 las tasas oficiales de pobreza fueron de 30,2 por ciento en San Vicente y las Granadinas y de 37,7 por ciento en Granada; en 2007 fueron de 21,8 por ciento en San Cristóbal y Nieves y en 2005 de 28,8 por ciento en Santa Lucía. La pobreza se concentra en las áreas rurales y los hogares más propensos a caer en una situación de escasez son los que están a cargo de las mujeres. A pesar de las recientes mejoras en la tasa de desempleo de la región, ésta sigue siendo eleResultsoecsIBRDMTU4MmI1NzFiZDRlYTU2ZmUzMmIwMzFhZmQ0NmE4Y2ZkY2ZhOTY3NQ2http://www.worldbank.org/en/results/2018/05/08/transitioning-toward-a-blue-economy-in-grenada-and-other-eastern-caribbean-statesAntigua and Barbuda,Dominica,St. Kitts and Nevis,St. Lucia,St. Vincent and the Grenadines,Grenada,Montserrat,MartiniqueTransitioning Toward a Blue Economy in Grenada and Other Eastern Caribbean Statesregions:Latin America and Caribbean,country:Antigua and Barbuda,country:Dominica,country:St. Kitts and Nevis,country:St. Lucia,country:St. Vincent and the Grenadines,country:Grenada,country:Montserrat,country:Martinique,distribution:oecsEnglishLatin America and CaribbeanTransitioning Toward a Blue Economy in Grenada and Other Eastern Caribbean StatesP156854,P160347,P152884,P153768/content/wb-home/en/projects-operations/results/2018/05/08/transitioning-toward-a-blue-economy-in-grenada-and-other-eastern-caribbean-states2018-05-08T11:14:00ZtrueLatin America and Caribbeancq5Antigua and Barbuda,Dominica,St. Kitts and Nevis,St. Lucia,St. Vincent and the Grenadines,Grenada,Montserrat,MartiniqueAG,DM,KN,LC,VC,GD,MS,MQResultsInclusive Growth and Poverty Alleviation Through Sustainable, Innovative Use of Blue Assets Challenge The small island countries of the Organisation of Eastern Caribbean States (OECS) face serious development challenges, coupled with low growth, natural disasters, high debt, unsustainable approaches to resource management, and limited fiscal space in which to maneuver around these problems. OECS countries have not reduced poverty and unemployment rates to levels compatible with their per capita income levelsDespite recent improvements in the region’s unemployment rate, joblessness remains higher among youth, exceeding 30 percent in most countries. Furthermore, central elements for closing the poverty and unemployment gap (seafood production, tourism and recreation, shipping, and nature-based solutions to absorbing shocks from natural disasters) are undermined by unsustainable anthropogenic practices, including poorly planned coastal development and overexploitation of marine resources. To combat unsustainable practices, continue reaping the benefits of the ocean economy, andResultsoecsIBRDMmY2ZWM1OWMxMWQ5OTQ4MzY4M2FkMjZhZGYyMzJjZWE2YWUxZGFhNw2http://www.worldbank.org/en/news/feature/2017/12/04/small-states-forum-2017Jamaica,Fiji,Bhutan,Maldives,Samoa,Palau,Gabon,Botswana,Gambia,Lesotho,Pacific Islands,Timor-Leste,Seychelles,Sao Tome and Principe,Tonga,Vanuatu,Swaziland,Trinidad and Tobago,Tuvalu,St. Vincent and the Grenadines,St. Kitts and Nevis,St. Lucia,Guyana,Grenada,Dominica,Belize,Antigua and Barbuda,Bahamas,Qatar,Djibouti,Bahrain,Cyprus,Estonia,Malta,Montenegro,San Marino,Cabo Verde,Equatorial Guinea,Comoros,Brunei Darussalam,Kiribati,Marshall Islands,Micronesia, Federated States of,Solomon Islands,Namibia,IcelandThe annual Small States Forum was held at the Annual Meetings, bringing together heads of government, ministers and central bank governors from small states with WB and UN organization partners. Kristalina Georgieva World Bank CEO Chief Executive Officer IDA IBRD WBcountry:Malta,country:Solomon Islands,country:St. Vincent and the Grenadines,country:Cyprus,country:Maldives,country:Micronesia, Federated States of,country:Tuvalu,country:Guyana,country:Bahrain,country:Bhutan,country:Trinidad and Tobago,country:Kiribati,country:Dominica,country:St. Lucia,regions:Middle East and North Africa,country:Botswana,country:Seychelles,country:Swaziland,country:Iceland,country:Jamaica,country:Vanuatu,distribution:small_states,country:Marshall Islands,country:Tonga,country:Cabo Verde,country:Comoros,country:Gabon,country:Namibia,country:Djibouti,regions:Latin America and Caribbean,country:Grenada,country:Bahamas,country:St. Kitts and Nevis,regions:East Asia and Pacific,country:Pacific Islands,country:Antigua and Barbuda,country:Gambia,country:Brunei Darussalam,country:Timor-Leste,country:Palau,country:Montenegro,country:Belize,country:Lesotho,country:San Marino,country:Qatar,country:Sao Tome and Principe,country:Samoa,country:Fiji,country:Estonia,country:Equatorial Guinea,regions:Africa,People:world-bank-ceo,People:worldbankceo,People:ceo,People:wb-ceoEnglishAfrica,East Asia and Pacific,Middle East and North Africa,Latin America and CaribbeanSmall States Forum 2017 - From Roadmap to Action/content/wb-home/en/news/feature/2017/12/04/small-states-forum-20172017-12-07T16:06:00ZMiddle East and North Africa,Latin America and Caribbean,East Asia and Pacific,Africacq5Malta,Solomon Islands,St. Vincent and the Grenadines,Cyprus,Maldives,Micronesia, Federated States of,Tuvalu,Guyana,Bahrain,Bhutan,Trinidad and Tobago,Kiribati,Dominica,St. Lucia,Botswana,Seychelles,Swaziland,Iceland,Jamaica,Vanuatu,Marshall Islands,Tonga,Cabo Verde,Comoros,Gabon,Namibia,Djibouti,Grenada,Bahamas,St. Kitts and Nevis,Pacific Islands,Antigua and Barbuda,Gambia,Brunei Darussalam,Timor-Leste,Palau,Montenegro,Belize,Lesotho,San Marino,Qatar,Sao Tome and Principe,Samoa,Fiji,Estonia,Equatorial GuineaJM,FJ,BT,MV,WS,PW,GA,BW,GM,LS,PI,TL,SC,ST,TO,VU,SZ,TT,TV,VC,KN,LC,GY,GD,DM,BZ,AG,BS,QA,DJ,BH,CY,EE,MT,ME,SM,CV,GQ,KM,BN,KI,MH,FM,SB,NA,ISFeature StoryFeature Storysmall_statesOperations Policy and Country Services VP, OPCSYzA3ODYxZjU1MWVkN2QzYzM1MWM1MTczYjZkZWViZDNhZjVhZDZkNg2http://www.bancomundial.org/es/news/feature/2017/11/14/what-makes-catastrophe-risk-pools-workAntigua and Barbuda,Haiti,Vanuatu,St. Kitts and Nevis,Turks and Caicos Islands,Bahamas,DominicaLas garantías de acceso a recursos financieros mediante fondos para riesgos de catástrofe pueden responder rápidamente y reducir el impacto en las personas y en sus medios de subsistencia.country:Dominica,country:Turks and Caicos Islands,subject:disaster-risk-management,programs:Disaster Risk Financing And Insurance,regions:Latin America and Caribbean,country:Bahamas,country:St. Kitts and Nevis,regions:East Asia and Pacific,subject:financial sector development,country:Antigua and Barbuda,country:Vanuatu,regions:Africa,country:HaitiSpanishAfrica,East Asia and Pacific,Latin America and CaribbeanPor qué surten efecto los fondos para riesgos de catástrofe: lecciones para los responsables de las políticasDisaster-risk-management,Financial Sector Development/content/wb-home/es/news/feature/2017/11/14/what-makes-catastrophe-risk-pools-work2017-11-14T02:00:00ZLatin America and Caribbean,East Asia and Pacific,Africacq5Dominica,Turks and Caicos Islands,Bahamas,St. Kitts and Nevis,Antigua and Barbuda,Vanuatu,HaitiAG,HT,VU,KN,TC,BS,DMFeature StoryFeature Story