Even as the CARICOM member country refuses to set aside the pursuit of its petro dreams that could cause it to join Guyana, Trinidad and Tobago and Suriname as CARICOM’s ‘petro states,’ Jamaica might still be poised to reap considerable rewards from what is known as the ‘Blue’ economy, according to a report in the Wednesday February 22 issue of the Observer newspaper. The ‘Blue’ economy is an economic sector that seeks to conserve marine and freshwater environments while using them in a sustainable way to develop economic growth and produce resources such as energy and food. Adherents of the ‘Blue’ economy are particularly concerned with minimizing marine pollution, protecting marine biodiversity and ensuring that the blue economy is sustainable.
