Previous Year Questions

Blue Bonds are debt instruments issued by governments, development banks, or other institutions to raise capital specifically for projects that support marine and ocean-based conservation and sustainable development. This includes activities like sustainable fisheries, marine biodiversity protection, and pollution reduction. They are a relatively new financial innovation under the broader umbrella of sustainable finance (like green and social bonds). Seychelles was the first country to issue a Blue Bond in 2018, setting a precedent for other coastal and island nations.