Formulating Boracay’s Blue Economy Framework: Integrating Sustainable Development and Laudato Si Principles for a Thriving Future

Abstract

Boracay Island, known for its stunning beaches and tourism, faces challenges in sustainable development due to rapid growth and environmental pressures. This paper presents a Blue Economy Framework designed for Boracay, integrating sustainable development principles with Pope Francis’ Laudato Si. The framework seeks to balance economic growth, environmental protection, and community well-being. The study uses stakeholder mapping to engage local communities, government units, businesses, and NGOs. A SWOT analysis reveals strengths such as robust stakeholder involvement and local interest, while identifying weaknesses like limited stakeholder influence and resource constraints. Opportunities include international funding and technological advances, while threats involve climate change and economic instability. A Balanced Scorecard is developed to translate strategic objectives into actionable goals in financial sustainability, community engagement, environmental management, and innovation. The framework includes community involvement, education, research, and effective governance, considering both external factors like climate change and internal factors such as local policies and resource availability, with a focus on faith and values. The paper highlights Boracay’s efforts, including environmental workshops and regulations, and examines the role of research and technology in sustainability. It discusses financing through grants, investments, and public-private partnerships. Recommendations stress enhancing stakeholder engagement, investing in education and training, promoting ecotourism, and strengthening policy frameworks. The action plan addresses waste management, water quality, and coastal zone management. This study demonstrates Boracay’s commitment to the blue economy and offers a model for other regions seeking to balance development with environmental stewardship.