(Seychelles News Agency) - The Seychelles’ experiences, challenges, achievements and upcoming plans for advancing the Blue Economy were highlighted by the island nation’s Vice President Vincent Meriton at the 32nd summit of the African Union.
Seychelles News Agency: A new campaign is to be launched in Seychelles to better inform the public on the world’s first sovereign blue bond, a financial instrument designed to support sustainable marine and fisheries projects.
Two months ago, a Malagasy association signed a 10-year, $2.7 billion fishing deal with a group of Chinese companies to send 330 fishing vessels to Madagascar. The Agence Malagasy de Développement économique et de Promotion d’entreprises (AMDP) made the deal, which it says was designed to promote the country’s “blue economy.” It did so without consulting the fisheries ministry, the national environment office, civil society groups, or local fishers, who are already struggling with foreign competition for Madagascar’s dwindling marine stocks. Many of these are now calling for the deal to be scrapped. The critics say the AMDP failed to set up an open bidding process and did not conduct an environmental impact assessment or any public consultation. No draft of the deal has been made public.
More on Mongabay
Dr. Nirmal Shah. Environment In Seychelles
It’s becoming more and more evident that the trajectory of Seychelles’ Blue Economy is heavily dependant on geopolitics in our region. Who the big regional players are and whether they are advocates of sustainability and equity (2 key pillars of the Blue Economy) will be determining factors in the take-off or crash and burn of the Blue Economy.
Seychelles News Agency: Seychelles and New Zealand, both members of the Commonwealth, will cooperate in the fields of economic relations, the blue economy, and climate change, the newly accredited High Commissioner said on Tuesday.
(Seychelles News Agency) - The blue economy and trade were topics of discussion between Seychelles’ President and the Secretary General of the African, Caribbean and Pacific Group of States (ACP), on Thursday.
The Secretary General, Patrick Gomes, paid a courtesy call to the president at State House, Victoria.
The People 10 April 2015: The government is pushing forward on transforming Seychelles into a Blue Economy. To be honest, the concept is still unclear to many outside the Government. We asked civil society leader and environmental & sustainability expert Dr.Nirmal Jivan Shah for his opinion.
The‘2030 Agenda for Sustainable Development’ will require a new culture of “shared responsibility,” described by the UN Secretary-General as based on agreed universal norms, global commitments, shared rules and evidence, collective action, and benchmarking for progress.
The Blue Economy is being heralded as an innovative agenda for setting the pace towards a new Seychelles. As a new development concept, the Blue Economy needs to be unpacked. We need to know what’s under its hood, how it works and how to fuel it.