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The Nature Conservancy’s Blue Bonds for Conservation model helps governments unlock funding for conservation—and could benefit millions of people in coastal regions. Demonstrated by successful projects in Barbados, Belize and the Seychelles. The Blue Bonds strategy combines conservation finance with TNC’s science and marine planning expertise to help governments unlock funds at a scale that delivers against their conservation goals while also supporting the well-being of their communities and economies. The strategy is aligned with global goals to protect 30% of the world’s ocean, lands and freshwater by 2030.
Following the global shutdown of tourism at the onset of the COVID-19 pandemic, small island developing states such as The Bahamas had their economies immobilized due to their heavy dependence on the industry. Beyond economic recovery in a post COVID-19 paradigm, the blue economy, blue growth, and associated activities offer pathways for a more resilient economy and is well-suited for The Bahamas. This paper suggests conduits for economic development using a traditional strength, coastal and marine tourism, in conjunction with the emerging fields of ocean renewable energy, offshore aquaculture, marine biotechnology, and bioprospecting. The interlinkages between each activity are discussed. Knowledge gaps in offshore aquaculture, ocean renewable energy, marine biotechnology, and marine environment monitoring are identified. In each sector case, strategic and tactical decision-making can be achieved through the exploitation of ocean numerical modeling and observations, and consequently should be invested in and developed alongside the requisite computational resources. Blue growth is encouraged, but instances of blue injustice are also highlighted. Crucially, pursuing blue economy activities should be given top national priority for economic recovery and prosperity.
This World Bank report outlines the importance of data and tools in Marine Spatial Planning (MSP), examines different aspects data and tools, general challenges and identifies how project managers, planners and implementers can support and add value to MSP projects. The report further presents MSP data categories, data gaps, various MSP tools and data services, and opportunity areas for engagement.
This IUCN report highlights the importance of biodiversity in hotels, and provides principles to integrate biodiversity-friendly actions into the design of hotel and resort buildings and in their daily operations.
This World Bank report analyzes the potential for Cabo Verde to develop and market local experiences through online marketplaces.
This CREST film presents the importance and practical steps to approach green travel for tourism businesses in the Caribbean.
The Outdoor Industry Association founded the Climate Action Corps in 2020 to harness the power of collaboration to address the threat of climate change to the outdoor industry. Understanding that employees, shareholders, customers, and – most importantly – the next generations are expecting businesses to be the change. To date, 100 and growing Climate Action Corps members have demonstrated tremendous progress on measuring, setting targets, reducing emissions, and showed up in unprecedented numbers to demand equally bold policy action. Annual Progress Reports and collective highlights from 2021 are included in this progress update.
This document is one of a series synthesizing the most pertinent findings of The Intergovernmental Panel on Climate Change Fifth Assessment Report (AR5) for tourism as a critical economic and business sector in the fight against climate change.
The Climate Neutral Now Initiative is one of several initiatives launched by the UNFCCC secretariat to increase climate action by engaging non-Party stakeholders (sub-national governments, companies, organizations, individuals). This tool is used for awareness-raising, capacity building, partnership developing, promoting and facilitating the estimation of carbon footprints, the reduction of those footprints, and voluntary compensation (offsetting).
This report presents an overview of climate-informed marine spatial planning (MSP), a participatory process that considers current and future climate risks and opportunities during design, planning, and implementation. Climate considerations in MSP harness the economic opportunities of the decarbonization pathway, while responding to the growing challenges of climate change through adaptive and integrated ocean management.