Blue Recovery Hubs

The COVID-19 crisis has cast uncertainties on the global ocean economy, especially for Small Island Developing States (SIDS) who suffered unprecedented economic impact, with GDP contraction in 2020 estimated at 7.1% in SIDS, compared to 4.4% in other developing countries. As countries implement economic stimulus packages in response to COVID-19, the Blue Recovery Hubs seek to support SIDS and other targeted countries in creating roadmaps for solutions that can “reset” and rebuild economic activities to deliver a more sustainable, equitable and resilient ocean economy.

The Blue Recovery Hubs are a joint initiative between the Organization for Economic Co-operation and Development (OECD), Friends of Ocean Action and the Sustainable Development Investment Partnership (SDIP) at the World Economic Forum, that seeks to support countries to accelerate progress towards a Covid-19 recovery that can provide the foundation for sustainable and resilient economic growth.

Find out more on the Blue Recovery Hubs website.