government to redirect its financia

government to redirect its financia

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countries to replicate such an effort. It is also tough for the government to redirect its financial resources toward adaptation. If the government decides to support a different area of the blue economy, it must renegotiate terms with investors. Thus, while Seychelles stands as a pioneering example, it also highlights the role of institutional capacity and external support in determining project viability. In 2023, Ecuador initiated one of the largest blue bond-related debt-for-nature swaps in history by converting US$1.63 billion in sovereign debt into a US$656 million blue bond issuance. The transaction was structured by Credit Suisse and is expected to lead to a 1.6 percent reduction of Ecuador’s สล็อตเว็บตรง