With Seychelles having a direct dependence on its marine resources, as well as an abundance of it, it poses an advantage for the island to tap into the potential of the Blue economy concept.

Indeed, over the past years, Seychelles has implemented a framework at national level to foster ocean-based sustainable development. The initiatives brought forward have garnered recognition from the United Nations Conference on Trade and Development (UNCTAD) during the 7^th World Investment Forum (WIF) held from 18-22 October 2021. The Seychelles Investment Bureau (SIB) was presented with a special award from the intergovernmental organization for promoting investment in the blue economy, and was also commended for bringing forth strategies focused on exploitation, preservation and regeneration of the island’s marine environment.

The launch of the Seychelles’ Aquaculture Sector on 16 October 2021 is further evidence of how successful the joint efforts from private parties and the government have been in establishing a baseline for the Blue economy. Aligned to the Ecosystems Approach to Aquaculture, a United Nations FAO guideline, this new sector will aim to bring more diversity to Seychelles economy, address the vulnerabilities of the existing marine-related sectors as well as food security and job creation.