Business Plan Development for The Seychelles’ Conservation and Climate Adaptation Trust (SeyCCAT)
The Seychelles’ Conservation and Climate Adaptation Trust (SeyCCAT) is an independent, public-private
trust fund currently managing more than US$ 25 million. SeyCCAT strategically invests in ocean
stakeholders to generate new learning, bold action and sustainable blue prosperity in the Seychelles.
SeyCCAT was originally established in 2015 to manage the US$ 21.6 million innovative debt restructure between the Government of Seychelles and the Paris Club of creditors, supported by The Nature Conservancy (TNC). Under the debt conversion, the Government of Seychelles committed to improved policies and investment around marine conservation and climate change, most notably the development of a Marine Spatial Plan (MSP) for a 1.35-million-km2 Exclusive Economic Zone (EEZ), including the protection of 30% of the EEZ. SeyCCAT provides additional support for the MSP process through grants and human resources management services.
There is an immediate need for SeyCCAT to develop a business plan in light of recent institutional growth, as well as investigate appropriate financing frameworks under which it can best complement the Government of Seychelles MSP and Blue Economy development.
The SeyCCAT is seeking a consultant or consultants to develop the following:
I. SeyCCAT Business Plan;
II. MPA Financing Plans for two Seychelles MPAs developed under the recent national MSP
initiative; and
III. Design one Blue Finance Pilot Project, connecting blue finance to MPA management within one of the selected MPA sites as defined in the MPA Finance Plan.
