Beautiful Virgin Islands

Tuesday, Jun 24, 2025

Southampton MOU a major achievement — Premier

Southampton MOU a major achievement — Premier

The BVI government’s recently signed Memorandum of Understanding (MoU) with the University of Southampton (UoS) has been hailed as a major achievement by Premier Dr Natalio Wheatley following his recent trip to the United Kingdom (UK).
In a press conference upon his return, Premier Wheatley was asked to indicate any major successes he might have accomplished apart from an opportunity for continued discussions with Overseas Territories Minister, Lord Zac Goldsmith.

“I would say a major achievement has to do with that memorandum with Southampton. And that’s major. It has benefits for our students. It also has benefits for the research that we want to take place here in the Virgin Islands,” Dr Whealtey said.

In the meantime, Premier Wheatley also counted a meeting held with the UK’s National Oceanographic Center as a triumph, describing it as “amazing”.

“We will soon be presented with the data from the environmental mapping. And that has huge implications for us,” he stated.

“I’m not sure how familiar persons in the Virgin Islands are with carbon markets, but carbon markets basically essentially, we have carbon emissions in the world and there are companies who want to be able to offset their carbon emissions,” Dr Wheatley explained.

Premier Wheatley further explained that these endeavours have an economic value. “And so they’re willing to fund projects that will help to preserve [the] environment and do other types of environmental projects.”

He noted that while some may see the economic value in cutting down the Amazon rainforest, there is now a structure where persons can recognise the economic value of preserving the Amazon and actually pay money to the government to preserve it instead of cutting it down.

He said the BVI also has economic assets such as coral reefs and sea grass

“We have the biodiversity beneath the sea. All of those things have an economic value. And when you map those assets you have the opportunity to approach companies, like a Microsoft or Google and say, this is a project that you can help us with. And this can help us to to offset your your own carbon emissions,” the Premier said.
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
“You Have 12 Hours to Flee”: Israeli Threat Campaign Targets Surviving Iranian Officials
Macron and Merz: Europe must arm itself in an unstable world
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
Airlines Evaluate Flight Cancellations Amid Escalating US-Iran Tensions
Starmer Invites Innovators to Join Government Talent Scheme
UK Economy’s Strong Opening Quarter Shows Signs of Cooling
Harrods Seeks Court Order to Secure Al Fayed Estate for Victims
BA and Singapore Airlines Cancel Dubai Flights Amid Middle East Tensions
Trump Faces Backlash from MAGA Base Over Iran Strikes
Meta Bets $14 B on Alexandr Wang to Drive AI Ambitions
WATCH: Israeli forces show the aftermath of a massive airstrike at Iran's Isfahan nuclear site
FedEx Founder Fred Smith, ‘Heart and Soul’ of the Company, Dies at 80
Chinese Factories Shift Away from U.S. Amid Trump‑Era Tariffs
Pimco Seizes Opportunity in Japan’s Dislocated Bond Market
Labubu Doll Drives Pop Mart to Status as China’s Most Valuable Toy Maker
Global Coal Demand Defies Paris Accord Goals
We have new information and breaking details to share about what is shaping up to be a historic air campaign tonight
Six Massive Bombs Dropped on Fordow; Trump: 'A Historic Moment for the U.S., Israel, and the World'
Fordow: Deeply Buried Iranian Enrichment Site in U.S.–Israel Crosshairs
United States Conducts Precision Strikes on Iran’s Nuclear Sites
US strikes Iran nuclear sites, Trump says
Pakistan to nominate Trump for Nobel Peace Prize.
BBC Demands Perplexity AI Immediately Stop Using Its Content
Telegram Founder: I Will Leave My Fortune to Over 100 of My Children
Political Turmoil Resurfaces in Belgium Amid Economic Concerns
Fed policymakers divided on timing of interest rate cuts
Trump signals imminent agreement with Harvard University
Inheritance tax referendum alarms Swiss billionaire community
Japan cancels bilateral security meeting amid US defence demands
AI skeptic Emily Bender warns that ‘the emperor has no clothes’
Israel Confirms Assassination of Quds Force Commander in Tehran
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
FBI and Senate Investigate Allegations of Chinese Plot to Influence the 2020 Election in Biden’s Favor Using Fake U.S. Driver’s Licenses
Vietnam Emerges as Luxury Yacht Destination for Ultra‑Rich
Plans to Sell Dutch Embassy in Bangkok Face Local Opposition
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump's $5 Million 'Trump Card' Visa Program Draws Nearly 70,000 Applicants
DGCA Finds No Major Safety Concerns in Air India's Boeing 787 Fleet
Airlines Reroute Flights Amid Expanding Middle East Conflict Zones
Elon Musk's xAI Seeks $9.3 Billion in Funding Amid AI Expansion
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
President Trump is leaving the G7 summit early and has ordered the National Security Council to the Situation Room
Taiwan Imposes Export Ban on Chips to Huawei and SMIC
Israel has just announced plans to strike Tehran again, and in response, Trump has urged people to evacuate
Netanyahu Signals Potential Regime Change in Iran
Juncker Criticizes EU Inaction on Trump Tariffs
EU Proposes Ban on New Russian Gas Contracts
×