Sovereign Blue bond Flashcards
1
Q
Who launched the worlds first Sovereign Blue bond?
A
Seychelles
2
Q
what are blue bonds?
A
These are debt instruments issued by govts, developmental banks etc
3
Q
Why are they issued?
A
To raise capital inorder to finance marine and ocean based projects with positive environmental and climate benifits
4
Q
With whose support are they developed?
A
World Bank and Global Environmental Facility
5
Q
Which project of World Bank is it under?
A
SouthWest Indian Ocean Fisheries Governance and Shared Growth Program (SWIOFish)
