Grant for 7 blue economy projects in the Seychelles

Seven projects in the Seychelles have received funding under the Blue Grants Fund to support the islands’ Blue Economy.

The Seychelles Conservation and Climate Adaptation Trust (SeyCCAT) will be administering and distributing the USD 360 000 granted, the second grant delivered by the Fund since its launch in 2017. The trust is mandated to support marine-related projects and activities which contribute substantially to the conservation, protection and maintenance of biodiversity, as well as the adaptation to climate change.

With the aim to support marine protected areas and sustainable fisheries, projects include the training of Blue Economy entrepreneurs, research and studies into marine life, and assessment of biodiversity.

“This year it is very encouraging to see the increased partnerships, especially between the private sector, non-governmental organisations and academics, to deliver on SeyCCAT’s strategic objectives,” said the Blue Grants’ Fund Chief Executive, Angelique Pouponneau.

A focus on their Blue Economy is imperative for island states around the world, to channel marine resources sustainably and build a profitable and inclusive economy which is resilient to the effects of climate change.