The Green Business Barbados (GBB) program was established in 2010 by the Future Centre Trust (FCT) in order to create a model which would facilitate recognition of existing environmental sustainability efforts by the business community, encourage increased awareness and adoption of sustainable business practices and lastly, create a forum where the FCT, businesses and the general public could share lessons learned in defining what it means to be “green” in the Barbados sense.
Since then, the private and public sector have both increasingly identified the value of the Green Business Barbados Program. The Government of Barbados through the Ministry of the Environment has awarded the FCT a grant in 2010 to initiate the program. Several businesses ranging from the construction to the health services sector have adopted the GBB program. In 2012, the UN/UWI Green Economy Scoping and Study Synthesis Report has identified the GBB program as a key private sector vehicle for Barbados’ transition to a Green economy. The Caribbean Green Economy Committee has also identified the GBB as a catalyst for green economy transition throughout the region.
In 2012, the FCT signed a technical agreement with the Inter- American Development Bank Multilateral Investment Fund to expand and strengthen the GBB program. Inclusive within this agreement is the task of creating a regionally replicable Green Business certification program.
Following the completion of a baseline assessment from 2010 – 2013, revision of the GBB standard, an addition of two new Green Business Barbados pathways/options and the development of a monitoring system to add value to the GBB marketing package, we re-launched the program in January 2014.