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Green Economy

BARBADOS PRIME MINISTER LAUDS EFFORT BY UWI, UNEP AND SOCIAL PARTNERSHIP IN NEW GREEN ECONOMY STUDY Calls for Green Economy to Address Structural Vulnerabilities in SIDS

BRIDGETOWN, Barbados – 28 March 2012

The Prime Minister of Barbados today unveiled a new study that will accelerate the country’s transition to a green economy, and challenged other Caribbean Small Island Developing States to work together on creating a socially inclusive, low-carbon, resource-efficient region.

At the opening of the two-day Caribbean Green Economy Forum hosted by the government, Prime Minister Freundel Stuart said the new study by experts from government, the University of West Indies-Cave Hill Campus and the United Nations
Environment Programme (UNEP) highlights elements for developing a roadmap to further Barbados’ pursuit of building a green economy.

“This study represents an unprecedented institutional collaboration to engage with a range of experts across Barbados and to seek their ideas on how to accelerate the country’s green economy plans. As a result, we are better positioned to consider these recommendations, which will contribute to a more prosperous and environmentally
sensitive country,” he said.

“What is critical for Barbados and other small island developing states is that the green
economy debate (taking place in the Rio+20 preparatory process) recognizes our
structural vulnerabilities, offers a model to assist us in further realizing our sustainable
development aspirations and creates the institutional platform that enables us to
participate in innovative partnerships to help save the planet.