The benefit of a synergy between green and blue indicators with the Green Growth Index is important for small island states and other developing nations where there is a high potential for the blue economy to create green economic opportunities due to their geographical proximity and historical dependence on marine resources.
This report emphasizes that blue aspects of economic growth cannot be separated from green growth because health and productivity of water and land ecosystems are very much interlinked and interdependent. It also presents the results of a pilot project to develop a Green-Blue Growth Index to measure the performance of the Organisation of Eastern Caribbean States (OECS) member states to transition to a green and blue economy.
The framework of the Green Growth Index, which consists of four interlinked green growth dimensions – efficient and sustainable resource use, natural capital protection, green economic opportunities and social inclusion, was adapted to develop the Green Blue Growth Index.