Excerpt from Island Innovation:
A healthy ocean ecosystem is critical to the health and development of island communities. An economic vector that can support local economies through tourism, fisheries, aquaculture, shipping and related investments, the ocean and its resources account for a non-negligible percentage of many island nations’ Gross Domestic Product (GDP). With rising demand for sustainable solutions and blue economy projects, large ocean states are becoming a hotspot for innovation. In two separate sessions at the 2023 Virtual Island Summit, the Waitt Institute highlighted the opportunities island communities can turn into workable sustainable economic development.
Bringing together island stakeholders from across the world, one of the Waitt Institute’s panels featured John Gibbons, Trust Manager, Harbour Fiduciary Services Limited based in Bermuda; Adriano Quintela, Operational & Information Manager for Blue Azores; Andrew Paris, Science Coordinator at Blue Prosperity Fiji; and Steve William Hango, Senior Desk Officer, Vanuatu Department of Foreign Affairs. The session was moderated by Blue Prosperity Micronesia’s Dr Nicole Yamase.
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