A nation of 115 islands, the Seychelles’ sinew is more sea than terra firma. The Indian Ocean envelopes up to 90 percent of its territory, a place where sun dictates the lifestyle and coral reefs shape the market.
Only eight years ago, this archipelago off the East African coast protected less than 1 percent of its waters. Now, it protects more than 30 percent.
The sweeping shift began in 2012, when the Nature Conservancy launched a project that created 13 new marine protected areas in the Seychelles. Combined, they protect an area almost the size of Texas, making it the second-largest MPA in the world.
The international nongovernmental organization powered the change by restructuring $21.6 million of the Seychelles’ debt to fund new protections, and helped establish the Seychelles Conservation and Climate Adaptation Trust (SeyCCAT) to distribute the redirected funding in support of marine conservation and sustainable economic development.
Now that there’s proof the idea can work, the Nature Conservancy is spreading it worldwide—fast. In the next five years, its Blue Bonds for Conservation initiative aims to use debt-for-nature swaps to increase the amount of ocean protected by 15 percent, helping 20 countries establish MPAs targeted to cover more than 1.54 million square miles. Full implementation of the idea would see $3 billion in debt-for-nature swaps free up to $1.6 billion in government spending for ocean protection.
REDIRECTING DEBT TO REEFS
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En donde reinan los reptiles
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Paradise Found in the Seychelles
Take time to kick back Creole-style on the spectacular island of Mahé
Dig a little deeper and you’ll find the Indian Ocean’s pin-up paradise archipelago is far more than lazy, diamond-dust beaches and technicolour reefs. A new generation of dynamic Seychellois are changing the record, creating adventure tours, embracing crafts, reviving Creole culture and taking conservation to the next level
After the long months of lockdown we all need an idyllic escape. The islands of the Indian Ocean should be on your wish list
मोदी ने सेशेल्स में विकास परियोजनाओं का किया उद्घाटन
प्रधानमंत्री नरेन्द्र मोदी ने बृहस्पतिवार को एक तीव्र गश्ती पोत सेशेल्स को सौंपा और इस द्वीप राष्ट्र में विभिन्न भारतीय परियोजनाओं का उद्घाटन किया।
After the past 12 months we all need an idyllic escape. The islands of the Indian Ocean should be on your wish list