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).