Inaugural event explores blue economy strategy to drive energy transformation in the Caribbean


Monica La Bennett, Vice-President (Operations) at the Caribbean Development Bank, delivering the keynote address at the Blue Economy Caribbean event, held in Miami on November 6

MIAMI, USA — The Caribbean could transform its energy sector and diversify economic activity by exploring marine renewable energy development, says Monica La Bennett, vice-president (operations) at the Caribbean Development Bank (CDB). She was speaking to over 80 stakeholders and leaders at the Blue Economy Caribbean event held in Miami on November 6 and sponsored by CDB, in partnership with the government of Canada.

“The region has not succeeded in leveraging its coastal resources. These remain largely under-explored, due in part, to the high capital investment costs. To fully exploit marine…

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