Growth & Jobs | Eco-economies driving Jamaica’s journey towards a sustainable future - Samuda

Jamaica is on a transformative journey towards a sustainable future marked by development of the blue and green economies, leveraging the island’s rich marine resources and natural landscapes, says Matthew Samuda, minister without portfolio in the Ministry of Economic Growth and Job Creation.

He notes that this approach not only aims to enhance economic growth, but also ensures the preservation of Jamaica’s unique environment.

Jamaica’s blue economy encompasses various sectors that utilise the sea as their notes primary conduit for economic activity. Minister Samuda notes that “all of them are more buoyant today than they were eight years ago”, highlighting significant growth in industries such as shipping and logistics.

The expansion of key ports, including Kingston and Montego Bay, he says, is testament to this growth, with plans to increase value-added propositions in logistics.

“What I would assure the country is that we’re pursuing developments that may not necessarily have the largest of footprints, but have the highest value added,” Samuda states.

Tourism remains a cornerstone of Jamaica’s blue economy, with its allure of “sun, sand and sea” attracting millions annually.

Despite setbacks from weather events affecting cruise arrivals, Samuda projects a robust recovery, pointing out that “next year … we expect to have the biggest season we’ve ever had”.

FLOATING SOLAR SYSTEM

Meanwhile, innovative advancements are being made in fisheries to support local fisherfolk, ensuring they have access to essential resources like storage and financing.

Parallel to its blue initiatives, Samuda who has responsibility for water and the environment said that Jamaica is committed to fostering a green economy centred on sustainable energy practices.

“The government has gone to market for a supplier to provide 100 megawatts of renewable energy,” he points out, signalling a significant shift towards renewable sources.

One ambitious project is the development of a 45-megawatt floating solar system over the Mona Reservoir in St. Andrew aimed at enhancing energy efficiency within the National Water Commission (NWC), Jamaica’s largest energy consumer.

This initiative reflects a broader commitment to eco-friendly practices and policies that prioritise sustainability.

The forthcoming Beach Access Policy aims to foster local ownership and investment in tourism, while ensuring equitable use of resources.

Samuda emphasises that as larger systems improve, smaller communities will benefit from enhanced infrastructure.

Among these is the government’s over $600 million investment in rural water systems and implementation of rainwater harvesting programmes for vulnerable households.

Minister Samuda says with strategic investments and community-focused policies, Jamaica is poised to, not only to harness its natural resources effectively, but also safeguard them for future generations.