World Bank-financed UBEC programme to boost jobs, economic growth in blue economies of St. Lucia, Grenada, SVG CASTRIES, SAINT LUCIA — With the blue economy constituting approximately 30 percent of the labour force in some eastern Caribbean nations, the Organisation of Eastern Caribbean States has partnered with the World Bank to develop a new programme…
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ACMF launches maritime jobs platform for young Caribbean graduates
Royal Caribbean also commits to hiring cadets alongside partnership with ACMF PORT OF SPAIN, TRINIDAD & TOBAGO — The American Caribbean Maritime Foundation has launched a new platform to connect new graduates in the maritime industry with prospective job opportunities in the blue economy. The jobs platform, called the Caribbean Maritime Career Exchange (CAREX), is…
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Bahamas blue economy to benefit from $200 million IDB boost
IDB estimates blue economy indirectly contributes to up to 50 percent of Bahamas’ GDP, up to 73 percent of employment NASSAU, BAHAMAS — Nearly 2,000 people employed in the blue economy are set to benefit from a $200 million policy-based guarantee (PBG) recently approved by the Inter-American Development Bank (IDB). While the blue economy is…
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Caribbean Development Bank chief touts potential of blue economy
Dr. Gene Leon encourages region to maximize benefits from one of its most abundant resources BRIDGETOWN, BARBADOS — Caribbean Development Bank (CDB) President Dr. Hyginus “Gene” Leon highlighted the potential economic benefits the region stands to gain by embracing the various direct and indirect employment that encompass the blue economy. In a recent round table…
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