The analysis was carried out by the Global Commission on Adaptation - a group of 34 leaders in politics, business and science. The report says it is an urgent moral obligation of richer countries to invest in adaptation measures that will benefit the world.
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.
Satellite images released this week reveal that the entirety of East Island was basically wiped out by powerful storm surges in the wake of Hurricane Walaka, one of the most intense Pacific hurricanes on record.
Made famous by "The Beach," a film starring Leonardo DiCaprio, Maya Bay has been off-limits since June 1 as part of what was expected to be a four-month rejuvenation. But the marine ecosystem requires more time to recover.
Pacific Islanders are among the most vulnerable people to climate change. This is a way of fighting back.