MOU SIGNED FOR CENTRE OF EXCELLENCE ON BLUE ECONOMY

Report filed by Jessica Russell – News Reporter.

Antigua and Barbuda is at the forefront of efforts to develop the blue economy.
A Memorandum of Understanding was signed today which will place the University of the West Indies Five Islands Campus at the centre of that thrust in this country and the region.
ABS’s Jessica Russell has details on this crucial development.

More information now regarding the blue economy, the World Bank describes it as the “sustainable use of ocean resources for economic growth, improved livelihoods, and jobs while preserving the health of ocean ecosystem.
Meanwhile, according to The Commonwealth, the blue economy is an emerging concept which encourages better stewardship of our ocean or ‘blue’ resources.