EASTERN CARIBBEAN GREEN ECONOMY BAROMETER 2018

The Eastern Caribbean Green Economy Barometer 2018 is a policy briefing that assesses the progress of the Organisation of Eastern Caribbean States (OECS) in transitioning to an inclusive green economy. It evaluates the region across five themes: measurement and governance, sustainable finance, green and inclusive sectors, social fairness, and economics for nature. The report concludes that the overall transition is 'below average,' characterized by narrow definitions of green economy that often exclude equity and inclusion, a lack of integrated national policies, and a disjointed financial landscape.

• The overall progress of the transition to a green and fair economy within the Eastern Caribbean is rated as below average. While most OECS member governments acknowledge the issue, they typically employ narrow definitions of the green economy that lack consideration for social inclusion and equity.
• There is a significant failure to value natural capital and ecological assets across the OECS. On average, fewer than three major public and private stakeholders per member state formally recognize natural capital approaches, and no known policies for valuing biodiversity or ecological systems have been proposed.
• Progress in greening priority economic sectors is uneven and lacks a determined policy push. While there are renewable energy commitments—such as Saint Lucia's 35% threshold by 2020 and goals in Dominica and Antigua and Barbuda to exceed 50% in 5-10 years—the region remains disproportionately reliant on fossil fuels.
• The transition to a green economy in the OECS is not currently designed to be socially inclusive. There is little evidence of public stances or determined efforts to promote equality or access to green jobs, although Antigua and Barbuda and St. Kitts and Nevis have expressed some positive intent in high-level documents.
• The green finance landscape in the Eastern Caribbean is disjointed, characterized by low public awareness and significant gaps. While some countries like Dominica, Saint Lucia, and St. Vincent and the Grenadines offer fiscal concessions for renewable energy, no OECS country has a structured fiscal policy supporting the green economy transition.
• Governance and measurement of the green economy are poor across the region. There is a lack of clear proposals for new governance institutions to manage the transition, and most discussions are confined to environmental authorities, excluding Ministries of Finance and Planning.

APA

Andrew, M. (2018). EASTERN CARIBBEAN GREEN ECONOMY BAROMETER 2018. Green Economy Coalition. https://www.greeneconomycoalition.org/assets/reports/Barometers-2018/East-Caribbean-GE-Barometer-2018-WEB.pdf

Chicago

Andrew, McHale. EASTERN CARIBBEAN GREEN ECONOMY BAROMETER 2018. Green Economy Coalition, 2018. https://www.greeneconomycoalition.org/assets/reports/Barometers-2018/East-Caribbean-GE-Barometer-2018-WEB.pdf.

Wikipedia

{{cite report |last1=Andrew |first1=McHale |title=EASTERN CARIBBEAN GREEN ECONOMY BAROMETER 2018 |publisher=Green Economy Coalition |date=2018 |url=https://www.greeneconomycoalition.org/assets/reports/Barometers-2018/East-Caribbean-GE-Barometer-2018-WEB.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{andrew2018eastern, author = {Andrew, McHale}, title = {{EASTERN CARIBBEAN GREEN ECONOMY BAROMETER 2018}}, institution = {Green Economy Coalition}, year = {2018}, url = {https://www.greeneconomycoalition.org/assets/reports/Barometers-2018/East-Caribbean-GE-Barometer-2018-WEB.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }