Seychelles President Danny Faure calls for stronger protection of the oceans. During the speech he was in a manned submersible that was 400 feet below the waves, on the seabed off the outer islands of the Seychelles.
Proceeds from the bond will include support for the expansion of marine protected areas, improved governance of priority fisheries and the development of the Seychelles' blue economy.
The Seychelles announced two new Marine Protected Areas in a debt-for-nature swap designed by The Nature Conservancy and backed by Leonardo DiCaprio.