Shared Learning
The Debt-for-nature Swap
SeyCCAT is inextricably linked to the Debt-for-nature Swap undertaken by the Seychelles Government in 2015. This transaction was particularly momentous in that it was the first Debt-for-nature swap that involved ocean conservation and climate adaptation, which allowed for the establishment of SeyCCAT. A case study packed with infographics has been written to fully explain and visualise the particularities of this Debt-for-nature swap. It is a documentation that shares the details of the complex financial transactions, the challenges, the benefits, and the lessons learned.
Our governing documents
- The SeyCCAT Act (2015)
- SeyCCAT (Amendment) Act 2022
- SeyCCAT Audited Financial Statements (2023)
- SeyCCAT Audited Financial Statements (2022)
- SeyCCAT Audited Financial Statements (2021)
- SeyCCAT Audited Financial Statements (2020)
- SeyCCAT Audited Financial Statements ( 2019)
- SeyCCAT Audited Financial Statements (2018)
- SeyCCAT Audited Financial Statements (2017)
- SeyCCAT Audited Financial Statements (2016)
- SeyCCAT Finance Committee Charter
- SeyCCAT Investment Policy
Archives
News
Nov 2020 – SeyCCAT announces the recipients of this year’s small grants for the Blue Grants Fund.
Sept 2020 – More funds mobilized for Seychelles marine protected areas.
July 2020 – Launch of Brand New Application Guidelines
July 2020 – Launch of the Blue Grants Fund 4
June 2020 – Mid-year check-in
March 2020 – Seychelles hits the 30% marine protection target after pioneering debt restructuring deal
Dec 2019/ Jan 2020– Forbes Africa’s Seychelles Leading the Blue Economy
Sept 2019 – President Danny Faure meets with the founder and Chairman of the Waitt Foundation
April 2019 – 7 projects in Seychelles that support marine areas and fisheries get funded with grants
Feb 2019 – New CEO appointed
Oct 2018 – Seychelles launches world’s first sovereign blue bond.
Jun 2018 – Second Blue Grants Fund announced.
Jun 2018 – Interview with Martin Callow
Oct 2017 – First Blue Grants Fund launched; SeyCCAT Blue Grants Fund – first Request for Proposals timeline
April 2017 – SeyCCAT appoints CEO
Nov 2015 – Seychelles Conservation and Climate Adaptation Trust becomes operational
Events
2020
- SeyCCAT hosts SeyCCAT@5 Exhibition
- SeyCCAT co-hosts Seychelles Ocean Symposium
- SeyCCAT hosts Seagrass Habitats – the State of knowledge in Seychelles
- SeyCCAT hosts a roadshow for UniSey students
- SeyCCAT attends IORA’s Blue Finance think tank forum
2019
- SeyCCAT attended Africa Blue Economy Forum 2019
- SeyCCAT attended the Business Conservation Conference
- SeyCCAT attended the Marine Regions Forum
- SeyCCAT attended Our Ocean 2019
- SeyCCAT attended COP 25
- SeyCCAT attended the Monaco Blue Initiative 2019
- SeyCCAT and SCCI co-hosts “Greening Business” event 2019
- SeyCCAT attended the Growing Blue Conference 2019
- SeyCCAT attended the Sherpas Meeting for the Community of Ocean Action 2018
- SeyCCAT attended the Our Ocean 2018
- SeyCCAT attended The Economist World Ocean Summit 2018
- SeyCCAT attended WIOMSA
- SeyCCAT attended the United Nations SDG Ocean Conference in NY from the 5-9th July 2017. SeyCCAT submitted a voluntary commitment to ocean conservation – available here
The Debt-for-nature Swap: Our Origin
- Seychelles debt-restructuring for marine conservation and climate adaptation by NatureVest
- Seychelles debt conversion for marine conservation and climate adaptation case study by Convergence
- Seychelles – Investing in resilience by The Nature Conservancy
- Debt-for-nature finance swap by Commonwealth Small States of Excellence.
- Seychelles Clears Hurdle to Protect 30% of Its Waters by The Nature Conservancy
- Seychelles Conservation Commitment Come to Life by The Nature Conservancy
- Catalysing Finance and Disruptive Technologies to Boost Sustainable Solutions by Financial Times and the IFC of the World Bank Group
Sovereign Blue Bond - Our Evolution
SeyCCAT manages US$ 3 million of the proceeds of the Seychelles’ sovereign blue bond
Out of the Blue by Latham & Watkins
Seychelles’ blue bond – infographic
Seychelles achieves World’s first with sovereign blue bond by The World Bank
Q&As on the Seychelles’ blue bond
Blue Economy and Blue Bonds: An overview of the concepts and the pioneering case of Seychelles by Stuart Laing in Seychelles Research Journal.
Significant Reports
- WEF_FOA_The_Ocean_Finance_Handbook_April_2020
- Blue Economy Finance Principles
- Principles for Investment in Sustainable Wild-Caught Fisheries
- Seychelles’ Blue Economy : 2030 Roadmap
- Financing Fisheries Reform – blended capital
- The Potential of the Blue Economy: Increasing Long-term Benefits of the Sustainable Use of Marine Resources for Small Island Developing States and Coastal Least Developed Countries
- Commonwealth blue economy series
- Webinar – Impact Investing to Fund Marine Conservation
- Blue Bonds: financing resilience of coastal ecosystem
- Investing in the Blue Economy: How should impact be measured?
2020: SeyCCAT celebrates 5 years
