Port of Spain, June 5, 2020 – Unleashing the potential of local community enterprises in the Caribbean will help to ensure that COVID-19 economic recovery is fair, environmentally sustainable, low-carbon and resilient. This effort is supported by the release of The Local Green-Blue Enterprise Radar: A tool for community enterprises by the Caribbean Natural Resources Institute (CANARI) in collaboration with the Green Economy Coalition (GEC).
The Local Green-Blue Enterprise (LGE) Radar is a simple but effective tool that can help community micro, small and medium enterprises (MSMEs) assess how they doing and where they can improve in delivering on ‘triple bottom line’ benefits of economic, environmental and social sustainability as well as good governance. CANARI developed, tested and refined the LGE Radar through an action learning process with business support experts and over 47 formal and informal MSMEs or MSME associations across 10 Caribbean countries over the past four years.