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© 2025 Island Innovation. All rights reserved.

    News

    Curated stories and analysis from islands and sustainability leaders worldwide.

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    Showing 9 of 90 news items in Green Finance & Economy
    The coast of Lanzarote, an environmental paradise pressured by many economic interests
    Green Finance & EconomyMay 21, 2026

    The coast of Lanzarote, an environmental paradise pressured by many economic interests

    Excerpt from lavozdelanzarote.com Each year, four kilometers of natural coastline are lost in the Canary Islands due to the construction of ports, hotels, tourist centers, and their associated infrastructure. Lanzarote is the island that has adapted worst to the Coastal Law, despite having had 38 years to do so. The island of volcanoes has only determined 81.36% of its maritime-terrestrial public domain, almost thirteen points below the regional average, and has delimited 86.73% of its public servitude, which prevents construction in the hundred meters adjacent to the public domain, 8.4 points below the Canarian average. A study concludes that the biggest gaps in adapting the law occur "at the exact points where the hotel industry has the greatest interest". The worst adapted municipality is Yaiza, with 20 pending kilometers. The tourist town of Playa Blanca came to be the piece of Spanish coast with most illegal hotels. The research promoted by the Foundation for Nature and the Environment Canarina and elaborated by the Observatory of Sustainability has brought to the table an exhaustive analysis of the reality of the Canary coast, comparing and crossing public data to explain the reality of the archipelago. "The coast is the one suffering the most environmental pressure," the general director of the Canarina Foundation, Anne Striewe, a graduate in Biological Sciences and an expert in Environmental Management, told La Voz.

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    Stimulating enterpreneurship in small island states
    Green Finance & EconomyMay 12, 2026

    Stimulating enterpreneurship in small island states

    Excerpt and Photo credit from guardian.co.tt The Small Island Developing States (SIDS) of the Caribbean are economically and socially vulnerable due to smallness in terms of geography and populations, climate risks, limited diversification and ongoing developments in international trade. Despite these shortcomings,Caribbean SIDS cannot be ignored as they control vast marine resources, are at the forefront of global efforts to combat climate change, enhance biodiversity and contribute towards sustainability in developed as well as developing economies. It is therefore imperative that Caribbean SIDS receive the global attention and support required to fuel their growth. Tapping into the entrepreneurial energy that resides within these island-states presents an opportunity for sustainable and inclusive growth. Why inclusive entrepreneurship matters

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    Support offered to islands to help bridge climate finance gap
    Green Finance & EconomyNovember 27, 2025

    Support offered to islands to help bridge climate finance gap

    Excerpt from bbc.bm As the world gathers for COP30 in Belém, Brazil, the Green Overseas (GO) Programme, funded by the European Union and implemented by Expertise France, will bring a clear message: Overseas Countries and Territories (OCTs) are not just vulnerable to climate change, they are key actors in global climate solutions – and urgently need access to climate finance to strengthen adaptation and mitigation efforts. The GO Programme is working to bridge this finance gap, supporting OCTs in building resilience, accessing international funds, and calling for their voices to be heard in global climate negotiations. This year’s COP, described by Brazil’s President Luiz Inácio Lula da Silva as the “COP of Truth”, calls for real-world progress and solutions that move beyond commitments to measurable change. For the OCTs, this moment is both urgent and defining. Facing rising seas, coastal erosion, and intensifying storms, these territories stand at the frontline of climate disruption, while holding vast marine areas that are essential to global ecological balance.

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    'Climate Finance Is Not Charity': Pacific Islands Confront the World at COP30
    Green Finance & EconomyNovember 20, 2025

    'Climate Finance Is Not Charity': Pacific Islands Confront the World at COP30

    Excerpt from earthjournalism.net As the COP30 Climate Summit opens this week in Belém, Brazil, the Pacific Islands have once again seized the global stage—not as bystanders, but as moral leaders demanding that the world act urgently on climate change. For the nations scattered across the vast Blue Pacific, where rising seas are swallowing ancestral lands and stronger cyclones are rewriting coastlines, the fight for the 1.5 degrees Celsius global temperature limit is not a matter of politics. It is a “matter of survival.” “Fast action and global unity are critical for survival, especially for the world’s most vulnerable island nations,” said UN Climate Chief Simon Stiell in his opening address yesterday, urging leaders to act decisively.

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    Pacific Farmers head to COP30 in Brazil to discuss direct access to climate finance
    Green Finance & EconomyNovember 16, 2025

    Pacific Farmers head to COP30 in Brazil to discuss direct access to climate finance

    Excerpt from islandsbusiness.com A DELEGATION of farmer-leaders from the Pacific Farmer Organisations will travel to Belém, Brazil, for the UN Climate Summit (COP30) to deliver an urgent message: climate finance must go directly to the farmers and communities on the front lines of the climate crisis. The delegation’s advocacy is backed by new research revealing a shocking gap in funding. Pacific small-scale farmers require an estimated US$77 million every year to adapt their food systems to climate change, yet they are currently receiving only 1.47% of that amount. This gap in funding is leaving the region’s food security, culture, and livelihoods dangerously exposed. Ilisapeci Vakacegu, Programs Manager for Policy and Advocacy at Pacific Farmer Organisations says “The main factor causing this breakdown is accessibility. It takes money just to be able to access a pocket of funding. The system just ends up serving institutions and not farmers.” Throughout the two-week summit, the delegation will advocate for “direct and fair finance,” urging global leaders to bypass complex intermediaries and channel funds through more agile, farmer-led mechanisms, such as Pacific Farmer Organisations Climate Resilient Farming Framework and the proposed Global Farmer’s Resilience and Empowerment Fund.

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    ’New money’: UWI researchers to design new islands climate finance framework
    Green Finance & EconomyNovember 1, 2025

    ’New money’: UWI researchers to design new islands climate finance framework

    Excerpt from barbadostoday.bb Two University of the West Indies researchers are fronting a bold new funding mechanism to channel concessional climate finance to small developing states, including Barbados, under a One Health climate-resilience framework. Director of the Centre for Biosecurity Studies at the UWI Cave Hill, Dr Kirk Douglas, is partnering with climate-finance economist at the St Augustine Campus in Trinidad, Dr Preeya Mohan, to design and deliver a climate-finance architecture for concessional funding to support One Health climate resilience for low- and middle-income countries (LMICs) and SIDS, in the spirit of the Bridgetown Initiative.

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    Wetland ecosystem welcomed at Tasmanian sheep farm after 20-year restoration effort
    Green Finance & EconomyOctober 17, 2025

    Wetland ecosystem welcomed at Tasmanian sheep farm after 20-year restoration effort

    Excerpt from abc.net.au In short: Sheep farmer Will Eddington is taking part in a global push to restore ecologically important wetlands that have been described as "the Earth's kidneys". His property, Richmond Park Estate, hosts a wetland that was once abundant in wildlife and used regularly by Aboriginal people before colonial farming practices degraded the landscape.

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    Small islands face outsized climate impacts and require US$12 billion a year in climate finance to cope
    Green Finance & EconomyOctober 17, 2025

    Small islands face outsized climate impacts and require US$12 billion a year in climate finance to cope

    Excerpt from gca.org Rotterdam, the Netherlands, 7 October 2025 – The Global Center on Adaptation (GCA) today launched State and Trends in Adaptation 2025: Small Island Developing States (SIDS), the most comprehensive assessment to date of climate risks, macro-economic impacts and practical solutions for the world’s 39 island economies. The report shows that, without accelerated adaptation, cumulative climate damages across SIDS could reach as high as US$476 billion by 2050—equivalent to several years of national output in some countries—yet current international public adaptation finance to SIDS averages just over US$2 billion a year, or 0.2% of global climate finance. GCA calls for a step-change to at least US$12 billion annually, a level SIDS themselves identify in their National Adaptation Plans (NAPs) and Nationally Determined Contributions (NDCs), noting this represents only around 1.2% of global climate finance and about 4% of global Overseas Development Assistance (ODA).

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    Cabo Verde : from island vulnerability to economic resilience
    Green Finance & EconomySeptember 30, 2025

    Cabo Verde : from island vulnerability to economic resilience

    Excerpt from africa-news-agency.com By Bylkiss Mentari At independence in 1975, Cabo Verde faced multiple challenges: geographic isolation, limited natural resources, and an economy dominated by subsistence agriculture. With one of the lowest GNI per capita in Africa, the archipelago seemed destined for economic marginalization. However, political stability and a series of ambitious economic reforms allowed the country to gradually diversify its activities and build a more resilient economy. “An increase of 16.8% in gross national income per capita between 2023 and 2024 reflects the country’s economic evolution. As of today, July 1, 2025, Cabo Verde will be classified as an upper-middle-income country according to World Bank criteria,” the institution stated in a press release. Tourism: the engine of growth In 2024, Cabo Verde’s GDP reached $2.77 billion, with an annual growth rate of 7.3%. Tourism, the main growth driver, increased by 16.5% and now accounts for nearly 25% of GDP and 55% of exports, according to Coface. The archipelago successfully attracted European markets, particularly Portugal, France, and the UK, and the arrival of low-cost airlines further boosted its appeal. “Cabo Verde’s recovery is a testament to the resilience of its people and institutions. But to transform this rebound into lasting and inclusive prosperity, bold reforms are needed – particularly to improve SOE governance, support women’s economic participation, and diversify the economy,” said Indira Campos, World Bank Resident Representative for Cabo Verde.

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