About Ocean Coordination Mechanism:
- It was conceived under the 10-year CLME+ Strategic Action Program (CLME+ SAP), endorsed by countries in the Wider Caribbean in 2014.
- Its purpose is to establish a collaborative governance framework for the sustainable management of marine resources.
- Aim: To coordinate and streamline actions addressing critical marine issues such as sustainable fisheries, ecosystem restoration, pollution control, blue carbon development, marine spatial planning, and the establishment of marine protected areas.
- It solidifies a transformative effort to enhance integrated ocean governance in the Wider Caribbean region, including the North Brazil Shelf Large Marine Ecosystem.
- It is designed to foster collaboration among countries, intergovernmental organizations (IGOs), and key stakeholders.
- Funding: It will receive funding from the Global Environment Facility (GEF) through the $15 million UNDP/GEF PROCARIBE+ Project for the period 2024–2028.
- Significance: The OCM is pivotal in addressing the Ocean-Climate-Biodiversity nexus by facilitating cross-country and cross-institutional collaboration. It ensures the sustainable development of the blue economy while prioritizing the needs of the most vulnerable communities.