Healthy oceans provide jobs and food, sustain economic growth, regulate the climate, and support the well-being of coastal communities.
The Seychelles government announced the launch of the world’s first sovereign blue bond which will be used to help finance the island nation’s transition to sustainable fisheries and the protection of marine areas. The blue bond, as well as the program of marine and ocean-related activities it will support, was prepared with assistance from the World Bank Group and the Global Environment Facility (GEF).