Global Gateway Forum: New value chains and new jobs in the Caribbean as the EU and Caribbean tackle the sargassum crisis together

For over a decade, Caribbean coasts have been plagued by extensive sargassum seaweed blooms, causing significant disruptions to fisheries, tourism, and local communities, and resulting in multi-million-dollar damages. However, through the European Union’s (EU) Global Gateway Investment Agenda, the EU, Team Europe, and Caribbean partners are now working to turn this environmental challenge into a source of cleaner coastlines, new employment opportunities, and a boost for local businesses. The third EU-Caribbean Global Gateway Conference on Sargassum, held recently, marked a pivotal shift from studies and pilot projects to actionable solutions. Governments, the private sector, academia, and international financiers convened to explore practical ways to transform sargassum into economic opportunities and improve its collection and management. European Commissioner for International Partnerships, Jozef Síkela, emphasized that the sargassum crisis, which has long harmed local livelihoods and the tourism sector, can now be a catalyst for job creation, innovation, and even clean energy across the region. At the conference, Grenada, the Dominican Republic, and Mexico pledged to collect and process a combined 660,000 tonnes of sargassum between 2026 and 2027. This initiative is the first step toward establishing a regional market for sargassum-based products, supported by EU investments and policy frameworks. The conference concluded with the announcement of the fourth EU-Caribbean Global Gateway Conference on Sargassum, set to take place in Mexico, ensuring continued momentum and scaling of operations across the region. The Global Gateway strategy, which aims to mobilize up to €300 billion in public and private investments from 2021 to 2027, has prioritized sargassum since 2023, fostering collaboration among Caribbean partners to develop economically viable and environmentally sustainable solutions.