Despite an international enthusiasm for private capital to meet the financing gap in sustainable development, private sector finance for sustainable development and blue economy is still a very small percentage of global investment. Repurposed bonds and debt for nature swaps have gaining support with policy makers, international organizations, and investors keen to align their investment with global goals and borrowing countries with large ocean domains seeking new sources of finance. The paper explores how those trends have generated new financing opportunities for Small Islands Developing States, a group internationally recognized vulnerable countries, using Seychelles experience in blue economy development and financing through a blue bond and a debt swap. Based on interviews of local and international actors selected for their engagement in Seychelles blue economy finance, the research showed both global and local drivers and challenges to successfully attracting and delivering on
Seychelles
Small-islands-developing-states
Small-island-developing-states
Blue-bond
Debt-swap
Equity
Seychelles
Small-islands-developing-states
Sustainable-blue-economy-finance