Worlds first sovereign Blue Bond launched by Seychelles, assisted by West Bengal

Worlds first sovereign Blue Bond launched by Seychelles, assisted by West Bengal
Republic of Seychelles launched the world’s first sovereign blue bond worth US$15 million to finance sustainable marine and fisheries projects.

The bond was announced at the Our Ocean Conference in Bali by the Vice-President of the Republic of Seychelles, Vincent Meriton.

Seychelles is the first nation to pioneer such a financing instrument.