From concept to practice

Benzaken, Dominique; Hoareau, Kelly

doi:10.4324/9780367822729-8

Cited by 8 publications

(5 citation statements)

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“…Seychelles’ fisheries, which are divided into the industrial fishery, semi-industrial fishery and the artisanal fishery, are by several measures a cornerstone of Seychelles’ economy: following tourism, which declined due to the COVID-19 pandemic, fisheries are one of the country’s largest sectors in terms of GDP and exports, are a key source of employment, underpin the important tourist economy, provide a key food source for the population and have cultural significance (Baker and Constant, 2020; Guillotreau et al, 2023; Robinson and Shroff, 2020). Whereas Seychelles’ vast exclusive economic zone (EEZ) is 1.35 million km 2 , its several islands (out of which three are the main populated ones) add up to 454 km 2 (Benzaken and Hoareau, 2021: 143). While Seychelles’ EEZ presents a critical economic resource, fish stocks are overexploited, which the country’s Blue Economy initiatives are in part a response to (Benzaken and Hoareau, 2021: 150; Robinson and Shroff, 2020; The Republic of Seychelles and the Commonwealth Secretariat, n.d.…”

Section: The Political Economy Of Seychelles’ Debt Swap and Blue Bondsmentioning

confidence: 99%

“…Whereas Seychelles’ vast exclusive economic zone (EEZ) is 1.35 million km 2 , its several islands (out of which three are the main populated ones) add up to 454 km 2 (Benzaken and Hoareau, 2021: 143). While Seychelles’ EEZ presents a critical economic resource, fish stocks are overexploited, which the country’s Blue Economy initiatives are in part a response to (Benzaken and Hoareau, 2021: 150; Robinson and Shroff, 2020; The Republic of Seychelles and the Commonwealth Secretariat, n.d. ).…”

Section: The Political Economy Of Seychelles’ Debt Swap and Blue Bondsmentioning

confidence: 99%

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State capacity and the ‘value’ of sustainable finance: Understanding the state-mediated rent and value production through the Seychelles Blue Bonds

Christiansen

2023

Environ Plan A

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Financial capital is currently being heralded for its potential to provide social and environmental transformations. This paper provides an in-depth case study of the Seychelles Blue Bond, highlighting the state’s (fiscal and planning) capacities as central in mediating the future rents and value production when channelling thematic bond proceeds. Even as the Blue Bonds tapped into private capital markets and bond proceeds were intended to provide leverage for private businesses, this operation was contingent on complex economic and environmental planning by the state. Using literature on fictitious capital, rent and the role of the state in governing natural resources, this paper shows how the state needed to govern investment flows and its environmental conditions simultaneously in the case of the Seychelles Blue Bonds. By examining how the state tries to govern environments and finance in tandem, this paper contributes to geographical research on public fiscal policy, financialisation and environmental governance.

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Section: The Political Economy Of Seychelles’ Debt Swap and Blue Bondsmentioning

confidence: 99%

Section: The Political Economy Of Seychelles’ Debt Swap and Blue Bondsmentioning

confidence: 99%

State capacity and the ‘value’ of sustainable finance: Understanding the state-mediated rent and value production through the Seychelles Blue Bonds

Christiansen

2023

Environ Plan A

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“…According to simulation research made by Ravichandran et al [44], the High Dam and Aswan Reservoirs in Egypt can each accommodate a 5 MW FSPV plant. In 2018, Seychelles, an east African sovereign country, constructed the continent's inaugural 4 MW FSPV plant as a result of funding from the African Development Bank and the Clinton Foundation [45,46]. With capacities of 31.5 MW and 252 kW in two reservoirs, two distinct FSPV projects were constructed in California, USA, in 2017 and 2018, respectively.…”

Section: State Of the Artmentioning

confidence: 99%

Techno-Economic and Carbon Emission Assessment of a Large-Scale Floating Solar PV System for Sustainable Energy Generation in Support of Malaysia’s Renewable Energy Roadmap

Islam,

Jadin,

Mansur

et al. 2023

Energies

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Energy generation from renewable sources is a global trend due to the carbon emissions generated by fossil fuels, which cause serious harm to the ecosystem. As per the long-term goals of the ASEAN countries, the Malaysian government established a target of 31% renewable energy generation by 2025 to facilitate ongoing carbon emission reductions. To reach the goal, a large-scale solar auction is one of the most impactful initiatives among the four potential strategies taken by the government. To assist the Malaysian government’s large-scale solar policy as detailed in the national renewable energy roadmap, this article investigated the techno-economic and feasibility aspects of a 10 MW floating solar PV system at UMP Lake. The PVsyst 7.3 software was used to develop and compute energy production and loss estimation. The plant is anticipated to produce 17,960 MWh of energy annually at a levelized cost of energy of USD 0.052/kWh. The facility requires USD 8.94 million in capital costs that would be recovered within a payback period of 9.5 years from the date of operation. The plant is expected to reduce carbon emissions by 11,135.2 tons annually. The proposed facility would ensure optimal usage of UMP Lake and contribute to the Malaysian government’s efforts toward sustainable growth.

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“…The Seychelles is an archipelagic nation in the Western Indian Ocean (Figure 1). It is the smallest African country by land area (455 km 2 ) [29,30] but has the largest marine area of the continent with an Exclusive Economic Zone (EEZ) of ~1.35 million km 2 [30]. Its shallow habitat encompasses coral reefs and seagrass meadows.…”

Section: Study Sitementioning

confidence: 99%

Mapping the National Seagrass Extent in Seychelles Using PlanetScope NICFI Data

Lee,

Martin,

Traganos

et al. 2023

Remote Sensing

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Seagrasses provide ecosystem services worth USD 2.28 trillion annually. However, their direct threats and our incomplete knowledge hamper our capabilities to protect and manage them. This study aims to evaluate if the NICFI Satellite Data Program basemaps could map Seychelles’ extensive seagrass meadows, directly supporting the country’s ambitions to protect this ecosystem. The Seychelles archipelago was divided into three geographical regions. Half-yearly basemaps from 2015 to 2020 were combined using an interval mean of the 10th percentile and median before land and deep water masking. Additional features were produced using the Depth Invariant Index, Normalised Differences, and segmentation. With 80% of the reference data, an initial Random Forest followed by a variable importance analysis was performed. Only the top ten contributing features were retained for a second classification, which was validated with the remaining 20%. The best overall accuracies across the three regions ranged between 69.7% and 75.7%. The biggest challenges for the NICFI basemaps are its four-band spectral resolution and uncertainties owing to sampling bias. As part of a nationwide seagrass extent and blue carbon mapping project, the estimates herein will be combined with ancillary satellite data and contribute to a full national estimate in a near-future report. However, the numbers reported showcase the broader potential for using NICFI basemaps for seagrass mapping at scale.

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From concept to practice

Cited by 8 publications

References 0 publications

State capacity and the ‘value’ of sustainable finance: Understanding the state-mediated rent and value production through the Seychelles Blue Bonds

State capacity and the ‘value’ of sustainable finance: Understanding the state-mediated rent and value production through the Seychelles Blue Bonds

Techno-Economic and Carbon Emission Assessment of a Large-Scale Floating Solar PV System for Sustainable Energy Generation in Support of Malaysia’s Renewable Energy Roadmap

Mapping the National Seagrass Extent in Seychelles Using PlanetScope NICFI Data

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