EASTERN CARIBBEAN GREEN ECONOMY BAROMETER 2018

The 2018 Eastern Caribbean Green Economy Barometer evaluates the transition to a green economy (GE) in the OECS, concluding that progress is "below average." While member governments generally acknowledge the GE concept, the report finds that definitions remain narrow, often lacking focus on equity and inclusion. Key barriers include a lack of structured fiscal policies, the absence of finance ministries in GE dialogues, and a failure to integrate natural capital valuation into national policies. Despite these gaps, the report identifies "green shoots" such as renewable energy commitments in Dominica, Antigua and Barbuda, and Saint Lucia, as well as the Caribbean Regional Oceanscape Project (CROP).

• The overall progress of the transition to a green and fair economy in the Eastern Caribbean is rated as below average, characterized by narrow definitions of GE that typically ignore equity and inclusion.
• There is a significant lack of natural capital valuation and a dearth of policies that value ecological systems and biodiversity across the OECS.
• Progress in greening priority economic sectors is uneven; while there are renewable energy investments, the region still relies disproportionately on fossil fuels.
• Specific renewable energy targets have been set by some members: Dominica and Antigua and Barbuda aim for over 50% renewable power in 5-10 years, and Saint Lucia committed to a 35% threshold by 2020.
• The green finance landscape in the OECS is disjointed, lacking structured fiscal policies to support the GE transition and suffering from low public awareness.
• A critical gap in GE governance is the absence of Ministries of Finance and Planning from the transition dialogue, which limits the mainstreaming of GE into national economic planning.
• There is very little evidence of a socially inclusive approach to the GE transition, with few public stances or efforts to promote equality and access to green jobs.

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} }