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Seychelles Blue Economy: Strategic Policy Framework and Roadmap Charting the Future (2018-2030)

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Seychelles Blue Economy: Strategic Policy Framework and Roadmap Charting the Future (2018-2030) Seychelles Blue Economy: Strategic Policy Framework and Roadmap Charting the future (2018-2030) Republic of Seychelles This document has been prepared for the Republic of Seychelles with the support of the Commonwealth Secretariat. i Table of Contents Table of Contents ..................................................................................................................... ii List of Acronyms ...................................................................................................................... iv Foreword ................................................................................................................................. vi Executive Summary ................................................................................................................ vii 1. Introduction .......................................................................................................................... 1 1.1 Blue Economy genesis .................................................................................................... 1 1.2 International and regional legal and policy context....................................................... 3 1.3 Seychelles Blue Economy at a Glance ............................................................................ 4 1.4 Marine Spatial Planning.................................................................................................. 7 1.5 Seychelles Blue Bond ...................................................................................................... 7 1.6 Seychelles Blue Economy Brand ..................................................................................... 9 2.Vision and guiding principles ............................................................................................... 10 Principle One: Economic efficiency .................................................................................... 10 Principle Two: Healthy oceans and sustainable use .......................................................... 10 Principle Three: Social equity, food security, and healthy lifestyles .................................. 11 Principle Four: Transparency, inclusiveness and accountability ........................................ 11 Principle Five: Resilience .................................................................................................... 11 Principle Six: Innovation ..................................................................................................... 12 Principle Seven: National, regional and international cooperation ................................... 12 3. Strategic priorities for action and investment ................................................................... 13 3.1 Strategic Priority One: Creating sustainable wealth .................................................... 13 Economic diversification and value addition ................................................................. 13 3.2 Strategic Priority Two: Sharing prosperity ................................................................... 14 Food security and well-being ......................................................................................... 14 Education, Skills Development and Employment .......................................................... 15 Creating the business environment for private sector engagement ............................. 18 3.3 Strategic Priority Three: Securing healthy, resilient and productive oceans ............... 21 Valuation of coastal and marine ecosystems ................................................................. 21 Oceans, Blue Economy, Climate Resilience and Adaptation.......................................... 24 3.4 Strategic Priority Four: Implementation through strengthening the enabling environment ....................................................................................................................... 26 Integrated land use and marine spatial planning .......................................................... 26 Research, innovation and development ........................................................................ 27 ii Blue financing ................................................................................................................. 30 Maritime safety and security ......................................................................................... 36 Regional cooperation and international advocacy ........................................................ 37 4. Current and Emerging Focus Areas for the Blue Economy ................................................ 40 4.1 Coastal and marine tourism: strengthening a sustainable tourism blue brand .......... 41 4.2 Securing Fisheries and Transitioning to Sustainable Fisheries ..................................... 45 4.3 Port infrastructure and Maritime Transport ................................................................ 53 4.4 Mariculture .................................................................................................................. 56 4.5 Biotechnology and marine biological resources .......................................................... 59 4.6 Energy: renewable energy and oil and gas .................................................................. 61 4.7 Digital connectivity and e-government ........................................................................ 67 4.8 Enhanced Trade ............................................................................................................ 69 5. Implementation Plan .......................................................................................................... 75 5.1 Building transparency and accountability in Blue Economy decision making ............. 75 5.2 Institutional arrangements for Blue Economy implementation .................................. 75 5.3 Creating a culture of ocean stewardship – Communicating the Blue Economy .......... 79 5.4 Tracking Blue Economy implementation: Monitoring, evaluation, accountability and learning ............................................................................................................................... 82 6. Conclusion .......................................................................................................................... 84 References .............................................................................................................................. 85 iii List of Acronyms MCS Monitoring, Control and Surveillance ADZ Aquaculture Development Zone MEAL Monitoring and Evaluation and BERI James Michel Blue Economy Research Learning Principles Institute MMP Mariculture Master Plan CBD Convention on Biodiversity MSC Marine Stewardship Council CCCS Central Common Cold Store MSP Marine Spatial Plan CFTA Continental Free Trade Agreement NISTI National Institute for Science CITES Convention on International Trade in Technology and Innovation Endangered Species of Wild Fauna and Flora SADC Southern African Development COMESA Common Market with Eastern and Community Southern Africa SCR Seychelles Rupees EAC East African Community SDG Sustainable Development Goal EEZ Exclusive Economic Zone SeyCCAT Seychelles Conservation and EITI Extractive Industries Transparency Climate Adaptation Trust Initiative SFA Seychelles Fishing Authority FAD Fish Aggregating Device SIB: Seychelles Investment Board FAO Food and Agriculture Organization of the United Nations SIDS Small Island Developing State(s) FiTI Fisheries Transparency Initiative SIOTI Sustainable Indian Ocean Tuna Initiative GCF Green Climate Fund SME small and medium-sized enterprises GEF Global Environment Facility SNAP DRAFT Seychelles National Aquaculture Policy GoS Government of Seychelles SNPA Seychelles National Parks Authority iEPA interim Economic Partnership Agreement SoE State Owned Enterprises INDC Seychelles Intended Nationally SPA Seychelles Ports Authority Determined Contribution SSI Société Seychelloise d’investissement IORA Indian Ocean Rim Association SSTL Seychelles Sustainable Tourism Label IOT Indian Ocean Tuna Ltd STI Policy for Science, Technology and IOTC Indian Ocean Tuna Commission Innovation IPHS Ile du Port Handling Services SWIOFish3 World Bank Third South West Indian Ocean Fisheries Governance and IUU Illegal, Unreported and Unregulated Shared Growth Project Fishing SYAH SIDS Youth Aims Hub JMA Joint Management Area iv TNC The Nature Conservancy TRIPS WTO Trade Related Aspects of Intellectual Property Rights Agreement UNCLOS Third United Nations Convention on the Law of the Sea UNESCO United Nations Educational, Scientific and Cultural Organization UNFCC UN Framework Convention on Climate Change UNFSA The United Nations Agreement for the Implementation of the Provisions of the United Nations Convention on the Law of the Sea of 10 December 1982 relating to the Conservation and Management of Straddling Fish Stocks and Highly Migratory Fish Stocks WTO World Trade Organization WWF World Wide Fund for Nature v Foreword The ocean has and will always be fundamental to our existence. Blue Economy is not entirely new to us. With our vast Exclusive Economic Zone (EEZ) of 1.37 million km2, our development and the livelihoods of our people are inextricably linked to our marine and coastal resources. Today fisheries and tourism are the main pillars of our economy. As a Small Island Developing State, Seychelles has been at the forefront of Blue Economy, ocean and climate conversations in international fora since the Rio+20 Conference on Sustainable
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