The blue and green economy are vast concepts encompassing a myriad of sectors, capabilities and considerations. The Caribbean Basin is similarly broad in terms of the unique countries that comprise the region. A long list of individuals and organizations were therefore engaged during the research phase of this assignment to provide information on blue and green economy initiatives and strategy in the Caribbean, and on capabilities and industry strengths in Atlantic Canada.
Category: Publications
Economic Recovery: Towards a Clean Growth Future for Newfoundland and Labrador
Recommendations to provincial and federal decision-makers on ‘building back better’ within Newfoundland and Labrador and a clean growth economic recovery for the province.
CEO Message – May 20, 2020
Canada’s economic recovery is going to be tied to clean growth, and we need your ideas to make sure NL is ready
It is a safe bet to assume that Canada’s economic recovery efforts are going to be attached in some shape or form with clean growth.
This means that initiatives and projects that are tied to climate change mitigation, sustainability, environmental technology, clean energy, etc. are going to play a significant role in efforts to stabilize the economy – with a view to help Canada reach its target of net zero emissions by the year 2050.
Newfoundland and Labrador has to be ready to establish priorities that are line with these objectives.
The Smart Prosperity Institute has outlined to decision-makers at the Federal level what it believes to be the three ingredients for initiatives in support of a ‘resilient recovery’: (1) does the measure stimulate timely, lasting economic benefits and jobs?; (2) does the measure help the environment and support clean competitiveness; and (3) is the measure equitable, implementable, and feasible?
Image courtesy of the Smart Prosperity Institute
The spirit of these recommendations are being echoed by other influential organizations like the Pembina Institute.
We need to be keenly aware of this perspective in Newfoundland and Labrador so that we make this most of the opportunities associated with economic recovery. As we try to climb out of the hole that we find ourselves in, NEIA and its members believe that embracing the clean growth approach can go a long way in both supporting our existing industries that have been hammered, and in stimulating the long term economic diversification of our economy.
Looking for your input
NEIA has been hard at work developing a series of clean growth ideas and proposals for decision-makers to consider. We are looking for your ideas – no matter how big or small – on specific projects or broad initiatives that can help up our province succeed in the aftermath of the COVID-19 pandemic… both in the short and long term.
Please contact me directly with your ideas at kieran@neia.org. I am looking forward to hearing from you. Time is of the essence.
Best,
Kieran Hanley
Executive Director
NEIA
Opportunities for Atlantic Canadian firms to penetrate the offshore wind supply chain based in Europe
Research undertaken to understand the types of firms from the region that would have the highest potential for supply chain penetration within the growing offshore wind energy industry, and the types of strategies that could be deployed in support.
Maximizing Economic Development in Waste Management
Considerations for the renewal of Newfoundland and Labrador’s waste management strategy.
Untapped Potential in Our Natural Resources
Considerations in the development of a renewable energy plan for Newfoundland and Labrador.
Achieving Certainty Through Clarity and Consistency
Recommendations for Reforming Environmental Assessment, Permitting, and Guidance Documents in Newfoundland and Labrador.
Climate Finance Opportunities for Clean Technology and Environmental Services Firms in the Caribbean Market
In order to better understand the changing environment and opportunity landscape in Caribbean markets, and the role of development partners in the region, NEIA commissioned a research report that seeks to articulate current and emerging opportunities for its members in the region – including detailed information on international financial institutions.
Offshore Wind Energy: Challenges to development in Newfoundland and Labrador
From a resource perspective, Newfoundland and Labrador appears to be an ideal candidate to lead Canada into the offshore wind industry. However, successful development of offshore wind is more complex than simply having the wind resources and supply chain capabilities, and this report explores the associated barriers.
Offshore Wind Energy Development: Supply chain identification and capacity within Newfoundland and Labrador
The objective of this study was to qualitatively assess Newfoundland and Labrador’s capabilities to help inform NEIA’s future business development activities. Specifically, this report identifies the products and services typically required for offshore wind energy development, and indicates which products and services are available in Newfoundland and Labrador.
