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Private Sector Partnerships in Small Island Developing States
With deep dives into case studies in the Caribbean, Pacific and AIS (Atlantic Ocean, Indian Ocean and South China Sea), expert interviews and a cross-sectoral survey, this report explores the private sector’s role in the sustainable blue economy of SIDS. It touches on previous guides about measuring, managing and sustaining partnerships, and what a truly sustainable blue economy means. The report then uses the case studies to articulate 10 Sustainable Partnership Goals (SPGs) for building better collaboration with the private sector:
- Find the Funding
- Change Minds
- Build the Framework
- Connect
- Communicate
- Get Market Intelligence
- Assess & Mitigate Risk
- Get Stakeholder Buy-In
- Access & Build Local Capacity
- Produce & Access Reliable Data
Each goal looks at examples of what works, where there are gaps, and best practices for both public and private sector partners. There are also tools and platforms to assist in achieving that work. The guidance is for broad use, with functional examples and actionable first steps to expand private sector engagement in sustainable ocean development.
The time is now to make good on the promises of the SIDS Accelerated Modalities of Action (a.k.a. the ) and the ambitions of . The blue economy creates the enabling environment for this work, and the SIDS Global Business Network supports the private sector collaboration needed to make it possible.
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