• Description

The economic prosperity and sustainable development of the Wider Caribbean Region (WCR), and in particular Small Island Developing States (SIDS), greatly depend on the wealth of resources provided by the oceans. The marine ecosystems of the Caribbean provide food, livelihoods, and income to millions of people through fisheries, tourism, coastal protection, transportation, and resilience to climate change. In 2017, gross revenues from marine and coastal tourism alone were estimated to total US$57 billion. Building a sustainable ocean economy — the Blue Economy — through better and more effective use of marine resources holds enormous potential for income growth, community development, environmental protection, and poverty reduction.