Carlo Ceglia: “Out of the Blue: The Republic of Seychelles and the Evolving Financial-Institutional Architecture around Ocean Spaces”

In Students by General Account

Among the so-called Small Island Developing States (SIDS), the Republic of the Seychelles has become a crucial site for innovations in ocean management and its financing under the banner of the ‘blue economy’. This research explores the multiple dynamics generated by the introduction of state-of-the-art forms of debt financing in the Seychelles today, marketed as a new way to resource environmental governance within the country’s Exclusive Economic Zone. Specifically, I will analyse a) in what ways novel forms of green-blue finance intersect with changing sovereign governmental structures; b) the unfolding daily realities of these new architectures for affected sectors; and c) these experiments’ significance within a broader drive to produce legal architectures for valuing marine activities; environmentally, politically, and financially.