What is a Blue Bond?
The blue bond is a debt instrument issued by governments, development banks or others
to raise capital from impact investors to finance marine and ocean-based projects that have positive environmental, economic and climate benefits. The blue bond is inspired by the green bond concept, which people are more familiar with.
Why did Seychelles decide to issue a Blue Bond?
Like many small island states, Seychelles’ economy is highly dependent on the ocean and on fisheries for food, nutrition and livelihoods; marine habitats, and other blue economy sectors such as tourism. After tourism, the fisheries sector is the country’s most important industry, contributing significantly to annual GDP and employing 17% of the population. Fish products make up around 95% of the total value of domestic exports.
following criteria (a) the size of PLN grid (5-150MW); (b) high average generation cost; and (c) electrification rate below 90%. The selected islands will be communicated to the Consultant before the start of the assignment. They are all located in the Eastern Islands and were divided into three groups, (i) islands with a small installed generation capacity and limited electrification, (ii) islands with an installed generation capacity of 50-150 MW with only diesel generation and very high average generation cost and (iii) islands with an installed generation capacity of 50-150 MW with diesel and coal generation and high average generation cost.
people jostling each other as they head to work? And what comes to mind when you think of an Eastern Caribbean island? Sun, sand, beaches paradise? Yet, Eastern Caribbean countries also have cities of thousands of people. In 2017, 35% of the Eastern Caribbean* population was urban: 221,000 out of 628,000 people lived in cities.
Netherlands for the World Bank 
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