SIDS — or the Big Ocean States — are responsible for some of the world’s largest ocean territories and play a vital role in protecting marine ecosystems. Across these island nations, local entrepreneurs, researchers, and communities are developing innovative solutions in areas such as sustainable fisheries, marine technology, renewable ocean energy, and blue biotechnology. Yet despite their potential, many island nations struggle to attract the investment needed to grow these industries and create long-term economic opportunities.
This project create the Blue Investment Readiness Index (BIRI) — the first tool designed specifically to measure how prepared island nations are to attract investment in sustainable ocean industries.
The project will work across seven pilot countries: Mauritius, Cabo Verde, Maldives, Antigua and Barbuda, Barbados, Marshall Islands, and Fiji. By gathering data and working directly with governments, businesses, innovators, and local communities, the project will identify the strengths, barriers, and opportunities shaping each country’s blue economy.
A major focus of the project is supporting island-based innovators and connecting them through the Big Ocean States Innovators Gateway (BIG), helping build stronger regional and global networks for collaboration and investment.
The research will produce practical tools for governments and investors, including country profiles, finance gap analyses, policy recommendations, and an Investor Toolkit to help reduce risks and unlock funding for sustainable ocean projects.
Ultimately, BIRI will provide island nations with a stronger voice in the global blue economy, helping position SIDS as leaders in ocean innovation while supporting resilient economies, healthy marine ecosystems, and sustainable livelihoods for future generations.
