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Reef Rescue Network: Donor Event Charts the Course for Coral Restoration and Sustainable Tourism in The Bahamas

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#TheBahamas, March 26, 2024 – As the world grapples with the urgency of marine conservation, The Bahamas has emerged as a beacon of hope with its latest initiative led by the Reef Rescue Network (RRN). An alliance of dive operators, NGOs and businesses invested in coral restoration, the RRN recently hosted an immersive event for the British High Commissioner and representatives from the Inter-American Development Bank (IDB), to provide a firsthand look—and dive—into the thriving heart of coral nurseries. The gathering served as a vivid testament to the progress achieved by the RRN and its partners in coral restoration efforts over the past two years, thanks to support from the Compete Caribbean Partnership Facility.

Fueled by its vision of harmonizing economic vitality with environmental sustainability, the RRN has strategically harnessed the support of the Compete Caribbean Partnership Facility grant, backed by the IDB, the United Kingdom’s Foreign and Commonwealth Development Office (UK FCDO), the Caribbean Development Bank (CDB), and the Government of Canada. This collaborative effort aims to amplify The Bahamas’ blue economy by integrating eco-tourism with a series of coral restoration projects, poised to transform the archipelago into a magnet for eco-conscious tourists and bolster the local economy with a sustainable model.

As a vanguard of coral conservation and education, the RRN’s expansive network spans over 50 nursery locations across The Bahamas, Aruba, and St. Lucia. Beyond mere conservation, the network offers tourists an array of Reef Rescue Experiences, designed to kindle a profound connection with the marine world. From specialized diving courses to snorkeling and shark conservation education, these programs do more than highlight the ecological significance of coral reefs—they empower participants to actively engage in safeguarding these vital underwater ecosystems, ensuring their preservation for generations to come.

The event, held earlier this month, was graced by the presence of distinguished participants including Thomas Hartley, British High Commissioner to the Commonwealth of The Bahamas, Claire Nichols, Deputy British High Commissioner, Daniela Carrera-Marquis, Country Representative for the Inter-American Development Bank (IDB) in The Bahamas, and Claudia Stevenson, IDB specialist and team leader of the project. The day commenced with an insightful presentation on the RRN’s milestones, buoyed by the vital funding from Compete Caribbean and other donors, followed by a hands-on experience at one of the network’s coral nurseries located off the Southwest coast of New Providence.

Daniela Carrera-Marquis, an enthusiastic advocate for coral restoration, expressed her excitement about the innovative concept of coral restoration tourism. She said: “I am looking forward to completing my PADI Reef Rescue Diver certification and diving more to assist with coral restoration efforts in The Bahamas,” echoing the sentiment of engagement and direct action that the RRN aims to foster among its partners and the community. At the event, Daniela participated in scuba diving and performed maintenance on an underwater coral nursery while the others snorkeled and viewed the nursery from above.

The event not only served as a platform for appreciation but also as an eye-opener to the real-world challenges reefs face, as highlighted by Thomas Hartley’s reflections on witnessing the impacts of climate change firsthand. He said: “It was devastating to see the effects of coral bleaching on the reefs.” Coral bleaching is the process where stressed corals expel their colorful and life-sustaining algae, turning them white and leading to starvation, increased susceptibility to disease, and potentially death if the stress continues.

Over the past two years, with the support from Compete Caribbean and other donors, the RRN has made commendable progress in expanding and developing coral nurseries, enhancing the capacity of its human resources, and promoting coral restoration standards throughout the Bahamian archipelago. This includes the installation of 14 new coral nurseries, expansion of 4 existing ones, and the addition of 3,450 coral fragments to nursery units, significantly increasing the ecological benefits to local reefs.

Moreover, the RRN has successfully developed shallow water experiences for non-divers, introducing 35 “coral domes” across 10 dive sites, populated with 943 coral fragments. The living coral domes not only diversify the experience for RRN partners but also educates a broader audience on coral reef conservation.

The network’s efforts have also extended to education and community engagement over the last two years, with 81 Bahamian high school children educated on coral reefs and restoration activities. This engagement aims to instill stewardship behaviors among the youth, ensuring the longevity of marine conservation efforts.

Despite the setbacks faced due to the 2023 summer bleaching crisis, which hampered outplanting activities, the RRN remains steadfast in its mission. Coral reefs form the bedrock of The Bahamas’ tourism sector, contributing significantly to the nation’s $2.6 billion annual tourism revenue. With over two million tourists engaging in snorkeling activities annually, coral reefs serve not only as a magnet for visitors but as a sanctuary for diverse marine life, supporting over 25% of ocean species. The vitality of these ecosystems is also underscored by the lucrative shark diving sector, which generates $113.8 million each year.

However, these invaluable ecosystems are under severe threat from coral bleaching, primarily driven by climate change-induced ocean heatwaves. Significant coral loss was reported throughout The Bahamas in 2023, marking a distressing trend that could foresee the demise of coral reefs by mid-century without decisive and innovative conservation strategies. Hayley-Jo Carr, director of the Reef Rescue Network, said: “By harnessing resilient coral species and employing advanced restoration techniques, the RRN, along with its partners and the global scientific community, is at the forefront of a critical battle to preserve these natural treasures for future generations.”

As the RRN continues to navigate the challenges and opportunities in coral conservation, the support and involvement of its partners, donors, and the community remain crucial. The recent donor event not only celebrated the achievements but also reinforced the collective resolve to restore and protect the vibrant coral ecosystems that are vital to the marine life and communities of The Bahamas.

The Reef Rescue Network’s development and outputs over the last two years have been made possible thanks to the support of The Compete Caribbean Partnership Facility (CCPF) which is a private sector development programme that delivers innovative and practical solutions that stimulate economic growth, increase productivity, and foster innovation and competitiveness. The CCPF works across 13 countries and is a partnership between the Inter-American Development Bank (IDB), the United Kingdom’s Foreign and Commonwealth Development Office (FCDO), the Caribbean Development Bank (CDB), and the Government of Canada. Further support has been provided by Disney Conservation Fund, Moore Bahamas Foundation, The Nature Conservancy and the Global Funds for Coral Reefs (GFCR), the latter of which is a blended finance instrument to mobilise action and resources to protect and restore coral reef ecosystems.

For more information on the Reef Rescue Network and how to get involved, visit https://www.PerryInstitute.org/.

 

Photo Captions: 

Header: Leaders in conservation and international delegates, including representatives from the IDB and the British High Commission, unite aboard with the Reef Rescue Network team, embodying a powerful coalition for coral restoration and sustainable development in The Bahamas.

1st insert: A highlight of the event, guests were treated to the rare sight of a spotted eagle ray, a reminder of the precious marine life the Reef Rescue Network strives to protect in The Bahamas’ pristine waters.

2nd insert: Daniela Carrera-Marquis, InterAmerican Development Bank Representative, meticulously tends to a coral nursery as part of the Reef Rescue Network’s hands-on approach to coral conservation, illustrating the powerful synergy between human effort and marine restoration in The Bahamas.

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Bahamas News

GBPA’S STATEMENT IN RESPONSE TO THE ADDRESS OF PRIME MINISTER PHILIP DAVIS AT THE G.B. CHAMBER’S BUSINESS MEETING ON MONDAY, MAY 6TH, 2024

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The Grand Bahama Port Authority has taken note of calls from our licensees, the residents of Grand Bahama and several current investors for a response to Monday’s address by Prime Minister Davis.

We take this opportunity to once again reassure these valued stakeholders that GBPA remains laser-focused on the task at hand. We are working every day to deliver the $2B-plus of investments which the GBPA Group of Companies, through its affiliates, either initiated, is invested in, or is contractually involved in creating, and was instrumental in bringing the investors to the table.

At the same time, it is important that GBPA corrects any inaccurate, incomplete or selective representations regarding matters that impact our stakeholders. In the near future, therefore, GBPA intends to host a live event with its stakeholders to ensure that all the matters discussed in the public domain are placed in their proper context and the historical record is set straight.

In the meantime, we encourage our stakeholders to remain confident in the resilience and potential of Freeport, and in our pledge to continue working diligently to see a prosperous future for Grand Bahama.

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Bahamas News

Bahamas economic growth

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Rashaed Esson

Staff Writer

The Bahamas’ economy is in good standing according to reports from the Bahamas National Statistical Institute which released the Quarterly Gross Domestic Product Series. They indicate that quarterly GDP trends for 2023 saw increases compared to 2022, a sign of recovery from the Covid 19 pandemic.

The most significant increase was 9.9 percent in the first quarter of 2023, and the industries responsible for the growth include Accommodations and food, construction and Arts.

 

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Bahamas News

RBC appoints new Country Manager and Area Vice President for Turks & Caicos 

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RBC Royal Bank (Bahamas) Limited (“RBC”) is pleased to announce the recent appointment of Kerryl-Lyn King-Henry as Country Manager and Area Vice President (“AVP”), Personal and Commercial Banking, Turks & Caicos Islands (TCI).

In her new role as Country Manager and AVP, King-Henry will take on full responsibility for the bank’s operations, strategy, and development in the TCI market, with a strong focus on solidifying partnerships with the Government, regulatory bodies, and the local community.

King-Henry brings to the role a dynamism influenced by nearly 25 years of industry experience. Prior to her new appointment, she served as AVP of Business Banking in Trinidad and Tobago. She has held progressively senior roles within both personal and commercial banking, as well as various functional units.

King-Henry holds a Master of Business Administration (MBA) degree, with a specialization in Leadership, FinTech and Big Data Analysis, in addition to a Bachelor’s Degree in Business Administration. Further enriching her professional profile, Kerryl-Lyn is a certified John C. Maxwell Coach, Trainer, Teacher, and Speaker. Her passion for leadership and development is matched by her commitment to community service, as she actively volunteers her time and leverages her professional expertise to mentor and support others. “

Kerryl-Lyn’s extensive experience and proven leadership capabilities make her the perfect choice to lead our operations in the Turks & Caicos Islands,” said Ericka Rolle, RBC’s Managing Director and Vice President, Personal Banking, The Bahamas and TCI.

“Her commitment to excellence, combined with a genuine passion for community engagement, aligns perfectly with our Bank’s purpose of helping clients thrive and communities prosper. We are excited to see the positive impact she will undoubtedly bring to her new role,” she added.

 

 

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