Seychelles Launched Blue Bonds – What are Blue Bonds (FAQs)

What is a Blue Bond?

The blue bond is a debt instrument issued by governments, development banks or others

Image

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.

Continue reading

eC2: National Inventory, Metrics, and Hotspots Assessment of Marine Plastics Debris in Key Indonesian Cities

Deadline:  20-Oct-2018 at 11:59:59 PM (Eastern Time – Washington D.C.)eu-plastic-regels-2019.jpg

The primary objective of this Consultancy is to strengthen the metrics, monitoring, and knowledge base of marine debris in key Indonesian cities, using robust field sampling and mathematical modelling. The assignment will document the distribution of plastic in the ocean, on the coast and in the nearshore environment generated by key cities around Indonesia that have been identified as having significant waste mismanagement or losses into the marine environment, and building up from a recent rapid hotspot assessment. Embedded in this assignment are specific tasks to customize global methods, sampling protocols and metrics to the Indonesian context. The tasks will also help develop a national inventory and monitoring database. Finally, with more robust, comparable baseline of information, this assignment will help evaluate policy options for solutions at the local, and national scales.

Continue reading