Seychelles issues world’s first ‘blue bond’

November 9, 2018

The Indian Ocean nation of Seychelles has raised $15 millionfrom the world’s first “blue bond” to finance ocean-based projects. Seychelles, which is dependent upon the ocean for its economy and food, will use the funds protect 81,000 square miles with limits on fishing, oil exploration and large-scale development in fragile habitats. Seychelles has striking underwater reefs, but […]

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