September 24, 2021 CFSI Staff

Learn More About How the Department of Commerce is Supporting the Blue Economy on October 5 at 10:30am ET

Courtesy of NOAA:

Under Secretary of Commerce for Oceans and Atmosphere & National Oceanic and Atmospheric Administration (NOAA) Administrator, Dr. Rick Spinrad and, Assistant Secretary for Economic Development, Alejandra Castillo, invite you to a conversation on the Blue Economy, which relies on the sustainable use of ocean data and resources to support economic growth while preserving the health of marine ecosystems.

The Economic Development Administration (EDA) is implementing a series of programs to equitably invest the $3 billion it received from President Biden’s American Rescue Plan Act to help communities across the country build back better. The series of programs, called Investment in American Communities, was launched with six Notices of Funding Opportunity (NOFOs) and a special $300M Coal Communities Commitment.

During this conversation, Assistant Secretary Castillo will be discussing how communities can leverage EDA’s Build Back Better Regional Challenge ($1 billion) to spur their region’s Blue Economies and revitalize their economies. Through its programming, EDA has already provided millions of dollars to support Blue Economy programs in places like Maine and Puerto Rico, to communities in Alaska and Texas.

Administrator Spinrad will be discussing NOAA’s support of the Blue Economy, including the “New Blue Economy” – leveraging ocean data and information for sustainable business development in new and traditional ocean-based sectors. The New Blue Economy that NOAA aims to advance will provide communities and entrepreneurs with oceanic data to enable economic development based on sound science.

Click here to register

For more information about how EDA can support your community: visit www.eda.gov/ARPA for the latest news and resources on EDA’s American Rescue Plan act programs and to sign-up for our news alerts and newsletters. Follow EDA on social media: Instagram, Twitter, LinkedIn, Facebook and YouTube.

See how NOAA science, services, and stewardship benefit your community: Visit noaa.gov for our latest news and features, and join us on social media. Climate, weather, and water affect all life on our ocean planet. NOAA’s mission is to understand and predict our changing environment, from the deep sea to outer space, and to manage and conserve America’s coastal and marine resources.

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