Portfolio Partner Profile
Seychelles Blue Bond
The Republic of Seychelles launched the world’s first sovereign blue bond to support its sustainable marine and fisheries projects. The bond demonstrates the potential for countries to harness capital markets for financing the sustainable use of marine resources. Proceeds from the $15 million bond issuance will include support for the expansion of marine protected areas, improved governance of priority fisheries and the development of the Seychelles’ blue economy. This private placement sovereign bond is part of the Seychelles' broader plan for sustainably managing and protecting its 1.4 million square kilometer marine environment, developing a sustainable blue economy, creating high-value jobs, and ensuring food security.