Seychelles’ $15m blue bond is no ordinary green bond
The Seychelles has issued its long-expected ‘blue bond’, to finance improvements in the sustainability of its fishing and marine tourism industries. The $15m deal is at the challenging end of the green bond market, since Seychelles is a risky credit that defaulted in 2008 and is highly exposed to climate change. It could tempt other sovereigns to follow.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: