Towards a Blue Recovery in Samoa
Appraisal Report
The re-opening of Samoa’s borders in late-2022 kickstarted the country’s recovery from the COVID-19 pandemic. This offers an opportunity to rebuild sustainably its tourism, maritime transport, and fisheries sectors. Samoa’s ocean resources can also augment its resilience to future shocks such as climate change. Through an analysis of Samoa’s economic trends and environmental pressures, institutional set-up and policy tools, as well as financing landscape, this report identifies opportunities and challenges for Samoa’s ocean economy to drive sustainable and resilient development. The Samoa Ocean Strategy offers a blueprint for such a pursuit, but there remain gaps and impediments. To address them, the report provides several cross-cutting and sector-specific policy recommendations to accelerate Samoa’s transition to a sustainable ocean economy.
Financing Samoa’s sustainable ocean economy
This chapter offers an overview of Samoa’s financing landscape as it relates to the ocean economy. It emphasises the need to tap into a diverse range of financing sources (public, private, domestic and external) to support Samoa’s aspirations of building a sustainable ocean economy. Additionally, the chapter explores the role of official development assistance (ODA) in cultivating a sustainable ocean economy and the potential benefits and challenges associated with adopting innovative financing mechanisms in the Samoan context.
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