As a new partnership between Barbados and the United Nations Industrial Development Organisation (UNIDO) was signed today to help the country advance a number of its development priorities, including building a resource efficient green economy, Prime Minister Freundel Stuart declared that the island was on a mission to become the most environmentally advanced green country in Latin America and the Caribbean.
He made the comments at the signing of a joint declaration on the sidelines of the Third International Conference on Small Island Developing States (SIDS) which ended today in Samoa.
“This new partnership, expected to be driven by the Ministry of Industry, International Business, Commerce and Small Business Development will provide a new window of cooperation and partnership for pursuing our green ambition,” Stuart said.
“It is Barbados’ hope that the partnership be utilised as an opportunity for scaling up engagement and technical assistance from UNIDO to other SIDS in the area of resource efficiency and low carbon industrial development.”
Director of UNIDO’s Energy and Climate Change Branch, Pradeep Monga said the Resource Efficient Low Carbon and Circular Industrial Partnership Platform for Catalyzing Eco-Innovation and Entrepreneurship in Barbados (RECIPPEE-Barbados) will assist in bringing low carbon and eco-based industrial solutions to the sustainable development challenges impacting Barbados and other Caribbean SIDS.
The new partnership will also help to promote sustainable consumption and production, build capacity at the local level in the context of the Rio+20 mandate, forge eco-innovation opportunities in the context of the Economic Partnership Agreement with the European Union, and promote sustainable energy solutions to reduce production costs and enhance productivity and competitiveness of companies and small scale industries.
It will also promote eco-based applied science, technology and innovation through strengthening existing and building new partnerships and networks with research and technology institutions, as well as promote niche opportunities for youth entrepreneurs.